Glenmark Pharma | JSW Steel | Majesco | Titan Company | Kilitch Drugs | Allahabad Bank | GAIL and MRF are stocks which are in the news today.
Here are stocks that are in the news today:
Results on Friday and Saturday:
Results on Sunday: Axiscades Engineering Technologies, Bharat Dynamics
MRF Q2: Profit declines 12.3 percent to Rs 263 crore versus Rs 300 crore; revenue rises 9.4 percent to Rs 3,928.2 crore from Rs 3,591 crore; EBITDA falls 4.1 percent to Rs 581 crore versus Rs 605.7 crore; margin contracts to 14.8 percent versus 16.9 percent (YoY).
Kilitch Drugs Q2: Profit jumps to Rs 4.5 crore versus Rs 2.23 crore; revenue increases to Rs 26.72 crore versus Rs 15 crore YoY.
GAIL India: Company has received contract for the purchase of 616 km of line pipe worth Rs 1,100 crore for the Barauni - Guwahati pipeline, putting on fast track project execution of the crucial 729 km feeder line linking North East India with the Pradhan Mantri Urja Ganga pipeline network.
Allahabad Bank: Bank has received a communication from the Government of India regarding fresh capital infusion of around Rs 3,054 crore towards contribution of the Central Government in the preferential allotment of equity shares (special securities/bonds) of the bank during the financial year 2018-19.
Glenmark Pharma: Company to launch Phase 1 trial in solid tumors for its CD38xCD3 Bispecific Antibody GBR 1342 based on human translational data.
JSW Steel: Crude steel production increases 8 percent to 14.47 lakh tonnes in October 2018 against 13.43 lakh tonnes in same month last year.
Mphasis acquires Stelligent for USD 25 mn
Strides enters into a strategic partnership with SUDA Pharmaceuticals for the US market
Cabinet clears strategic sale of govt equity in Dredging Corp
Majesco: PT PFI Mega Life Insurance, the joint venture life insurance company of Prudential Financial Inc and CT Corpora, has selected Majesco Policy for Life & Annuities and Group along with a point of sale and activity management solution specifically used within the Asia Pacific region.
HMT: Hitesh Goyal, Deputy Manager (Finance) who was designated as Chief Financial Officer of the company has resigned due to personal reasons and career plans.
Bulk Deals
Karda Constructions: Marfatia Nishil Surendra purchased 1,00,000 shares of the company at Rs 179.99 per share on the NSE.
CL Educate: Ocean Dial Gateway to India Mauritius Limited sold 77,134 shares of the company at Rs 114 per share on the NSE.
Gopala Polyplast: Aspire Emerging Fund bought 1,43,626 shares of the company at Rs 60.16 per share on the BSE.
(For more bulk deals, click here)
Analyst or Board Meet/Briefings
Dr Lal PathLabs: Company's officials will be meeting analysts/investors on November 9, 14, 15 and 16.
Assam Company: Board meeting is scheduled on November 14 to consider the unaudited financial results for the quarter ended September 2018.
Empee Sugars & Chemicals: Board meeting is scheduled on November 14 to consider the unaudited financial results for the quarter ended September 2018.
Bartronics India: Board meeting is scheduled on November 14 to consider the unaudited financial results for the quarter ended September 2018.
Marg: Board meeting is scheduled on November 14 to consider the unaudited financial results for the quarter ended September 2018.
BPL: Board meeting is scheduled on November 14 to consider the unaudited financial results for the quarter ended September 2018.
Visaka Industries: Company's officials will be participating in investor conference on November 20, 27 and December 4.
