Top 8 stocks in focus: Lupin, DLF, Mahindra Holidays
Check out the companies which will be in focus during trade today based on recent and latest news developments.
Lupin: The company has received notification that the inspection carried out by the US FDA in July 2015 at its Goa Facility is now closed and the agency has issued Establishment Inspection Reports (EIR).
Mahindra Holidays & Resorts India Ltd: The company announced that Holiday Club Resorts Oy, Finland, step-down subsidiary of the Company, has signed a Joint Venture (JV) Agreement with City of Kuusamo, (JV partner) for establishment of Tropiikin Rantasauna Oy (JV Entity).
Indo Count: Indo Count Global, Inc. US announces a new licensing partnership with Walker Greenbank PLC.
Elantas Beck India Ltd: The company has received an approval for sale of its property (approximately 6,239 square meter) located at Mumbai-Pune Road, Pimpri Waghere, Pune to Sukhwani Associates, Pune.
Sundaram Multi Pap Ltd: The company has announced that the Board of Directors of the Company at its meeting held on July 07, 2016, inter alia, has discussed, considered and approved to raise funds up to an amount not exceeding Rs. 30 Crores pursuant to Section 42 and Section 62 of the Companies Act 2013 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, subject to the approval of members, by way of issuing Share warrants to the promoter and promoter group and by way of issue of fully paid up Equity shares or issuing Debentures by way of QIP / Preferential Issue.
BGR Energy Systems: The company has received a Letter of Intent from Andhra Pradesh Power Generation Corporation Limited (APGENCO) whereby APGENCO has awarded a contract for execution of Balance of Plant equipment/systems including civil works for 1 x 800MW - Dr.Narla Tata Rao Thermal Power Station, Stage - V (1X800 mw), unit-8 at Ibrahimpatnam, Krishna District, Andhra Pradesh on EPC basis.
DLF: The company has shortlisted six potential buyers for 40% stake of the promoters in DLF Cyber City Developers Limited, according to reports.