Top 8 stocks in focus: Lupin, Tata Power, Claris Lifesciences
Check out the companies which will be in focus during trade today based on recent and latest news developments.
3i Infotech Ltd: The FCCB Committee of the Board at its meeting held on July 05, 2016 has approved issuance of foreign currency convertible bonds of up to US$ 52,000,000 ("New Bonds") to the existing bondholders of the Company, in exchange for the existing foreign currency convertible bonds.
Lupin: Lupin and Dr Reddy’s are recalling over 1.7 lakh bottles of two different tablets, used in the treatment of blood pressure and acidity, in the US due to deviations from manufacturing norms, says report.
Claris Lifesciences: The company has received approval from the US health regulator for generic Tobramycin injection used for the treatment of bacterial infections, in the American market, according to reports.
Tata Power Company Ltd: The company has announced that at its meeting scheduled on July 11, 2016, the Board will consider issuing Non-Convertible Debentures on private placement basis, within the limits approved by the shareholders at the Annual General Meeting of the Company held on August 05, 2015.
Power Finance Corporation Ltd: Warora-Kurnool Transmission Limited, a wholly owned subsidiary established for development of Transmission System for "Additional inter-Regional AC link for import into Southern Region i.e. Warora - Warangal and Chilakaluripeta - Hyderabad - KurnooI 765 kV link" Common Transmission System has since been Transferred to M/s Essel Infraprojects Limited (the successful bidder) on July 06, 2016.
Gujarat Industries Power Company Ltd: The company has announced that Solar Energy Corporation of India Ltd. (SECI) has issued two Letters of Intent (LOIs), both dated July 04, 2016, to GIPCL for 2 x 40 MW Solar Power Project in Gujarat Solar Park, Village Charanka under National Solar Mission Phase-II, Batch IV.
Kajaria Ceramics Ltd: The company has announced that a meeting of the Board of Directors of the Company will be held on July 11, 2016, inter alia, to consider and approve the Scheme of Amalgamation of Kajaria Securities Private Limited ("KSPL") with Kajaria Ceramics Limited ("KCL") for realignment of current promoters’ shareholding in the Company.
Southern Online Bio Technologies Ltd: The company has announced that the Company has received letter of intent from Hindustan Petroleum Corporation Limited for the supply of 1500 Kilo Liters of Bio Diesel from July to September 2016 to its Secunderabad location in Telangana State.