By keeping a close watch on every movement of stocks, your investment can definitely be protected. Here we are telling such stocks which will be in the news today and on which the market will be eyeing.
Auro Pharma in focus
The deal to buy 51% stake in Cronus Pharma has been cancelled. The deal was to be done for 420 crores. The stock had fallen sharply since the announcement of the deal. The market cap of about Rs 8500 crore was cleared.
Adani Enterprises in focus
SEBI has held the IPO of Adani Wilmar. The decision has been taken due to the investigation of Adani Enterprises.
Cadila in focus
The corona vaccine has been prepared for children aged 12 to 18 years. The vaccine for ZYDUS CADILA has received approval from DCGI for emergency use. Children will receive three doses of the ZyCoV-D vaccine.
Income tax portal went live after emergency maintenance, Infosys informed
Canara bank in focus
The bank will approve the issue price of a QIP of Rs 2500 crore.
in focus Arvind Fashions
439 crore has been raised through preferential issue. The promoters have issued preferential shares to the top investors.
SRF in focus
The board will consider issuing bonus shares on August 31.
IOL CHEMICALS: INVESTOR CONCALL
Ibuprofen demand is expected to recover in Q3. Pharma EBIT margin is expected to remain at 22-25%. Ibuprofen API volumes may decline by 15% in Q1FY22 on a year-on-year basis.
There will be a board meeting on fund raising on August 27.
FOCUS ON INDOSTAR
OFS will open for retail today. The price will be Rs 290 per share. Promoters are selling 5% stake through OFS. The institutional part in OFS is completely filled.
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