Stocks to watch: Check out the companies making headlines before the opening bell, on September 11, 2023.
About 1,978 shares advanced, 1,581 shares declined and 131 shares were unchanged.
Transworld Holdings, had announced its intention to voluntarily delist the equity shares of its Indian subsidiary, Shreyas Shipping & Logistics Ltd. vide Initial Public Announcement dated May 21, 2023.
The other defendants named in the lawsuit were Celgene Corporation, Bristol Myers Squibb, and Breckenridge Pharmaceutical.
"We expect the company to continue its focus on in-house manufacturing as this improves internal efficiency and ensures product quality,” the brokerage said.
Policybazaar is looking to move up the value chain from being an aggregator to insurance manufacturer, CNBC-TV18 has reported. Insurance manufacturer makes and sell life, general and reinsurance policies
About 35 lakh shares of VRL Logistics or 4 percent equity worth Rs 239.5 crore changed hands at Rs 684.2 per share.
The Power Ministry intends to issue a tender to purchase 4,000 MW of gas-based electricity for approximately 20 days between September and November.
Nearly 52.5 lakh shares of Tata Power were sold in a block deal at a price of Rs 270 per share.
Max Life and SBI Life took charge in market share improvement for the month of August. Max Life gained 142 basis points YoY to 6.2 percent market share in the individual APE segment, while SBI Life gained 259 basis points to 17.6 percent.
LTIMindtree stock has given a return of 14.61 percent over the last six months. The benchmark Nifty50 index has given a return of 11.11 percent over the same duration.
Gains in the shipbuilding stocks are also followed by large deals in Cochin Shipyard and Mazagon Dock Shipbuilders on the bourses today.
The optical fibre and network solutions provider said it was collaborating with TruVista for improving optic fibre connectivity across South Carolina.
Viacom18 will be the exclusive media rights holder for ISL, India’s top-tier football league, across digital and TV platforms.
The project is expected to generate around 1,600 direct and 4,000 indirect employment opportunities and reduce nearly 2 million tonnes of carbon dioxide emissions annually
The company also exhibited the country’s first Hydrogen Internal Combustion Engine Truck, which was earlier launched in collaboration with Reliance Industries.
Piyush Singh will serve the notice period for three months before completely relieving from his duties on December 2.
The D’Mart chain of stores has bought 17 commercial spaces with a total area of 45,876.92 sq.ft.
Tejas Networks had bagged the contract worth Rs 7,492 crore from TCS for the supply, support, and annual maintenance services for BSNL’s Pan-India 4G/5G network in August.
CGST and Central Excise Department had carried out search operation at premises of the Mumbai-based Shemaroo Entertainment on September 5.
Bajaj Finserv stock has given a return of 10.01 percent over the last six months, underperforming the Nifty’s 11.11 percent during the same period
Landmark Mobility Private Limited (LMPL) has incorporated as a wholly owned subsidiary of the company on September 4, 2023, Landmark Cars said in a release.
Rs 2,005 would be the trend decider level for the stock and trading above the same uptrend formation will continue till Rs 2,230, say experts.
The Rs 10,000 crore buyback plan, equivalent to around 2.4% of outstanding shares at a maximum price of Rs 3,000 per share, boosts confidence in L&T. It remains Citi's top choice for the medium term.
Stocks to watch: Check out the companies making headlines before the opening bell, on September 8, 2023.