Top stocks in focus: Biocon, Dilip Buildcon, Adani Gas, NTPC, Cipla, ITC

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

November 09, 2020 07:20 IST India Infoline News Service

Biocon Biologics has received capital infusion worth Rs1,125cr or $150 million from Goldman Sachs.

Dilip Buildcon emerges as L-1 bidder for development and operation of Siarmal open cast project in Odisha.

Adani Gas has announced a strategic collaboration with Italy-based Snam - Europe's leading gas infrastructure company.

NTPC’s Unit-2 of 800 MW of Lara Super Thermal Power Station Stage-I has been declared commercially operative with effect from November 7.

Cipla reported higher consolidated profit at Rs661.8cr in Q2FY21.

ITC Ltd reported a marginal 2.18% rise in the Sep-20 quarter top line sales revenues at Rs13,147.81cr.

Lakshmi Vilas Bank: Says due diligence with Clix Capital continues. The Bank's board has also approved the issue of equity shares worth up to Rs500cr through a rights issue and ICICI Securities has been appointed the merchant banker for the same.

Voltas Board gives in-principle approval for restructuring B2B business.

Vedanta overseas arm extends loans to Vedanta Resources and its subsidiaries. The loan extended to the parent company now stands at $956 million and carries an interest rate of 7%.

Aditya Birla Sun Life Mutual Fund reduced stake in Care Ratings to 3.03% from 5.07% on November 4.

ICICI Prudential Life Insurance Board allotted NCDs worth Rs1,200cr.

Canara Bank Cuts MCLR between 5-15 basis points across various tenors from November 7.

ONGC Board approves selling 125 crore equity shares or 49% stake in OMPL to MRPL, a subsidiary of the company.

Aban Offshore Gets notice from NCLT Chennai for a hearing on November 10 in respect of an application filed by one of the financial creditors under insolvency proceedings for a default of Rs190.3cr.

Ashok Leyland reported consolidated loss at Rs146.7cr in Q2FY21.

Bharat Electronics reported higher profit at Rs397cr in Q2FY21.

Union Bank of India has reported net profit at Rs516.6cr in Q2FY21.

Vedanta reported lower consolidated profit at Rs824cr in Q2FY21.

BHEL reported consolidated loss at Rs552cr in Q2FY21.

Results today: IndiaMART InterMESH, Oil India, ADF Foods, Bayer Cropscience, Delta Corp, Dredging Corporation of India, Equitas Small Finance Bank, Honeywell Automation, JK Cement, NOCIL, Parag Milk Foods, PC Jeweller, PSP Projects, PTC India, Shankara Building Products, Sun Pharma Advanced Research Company, SREI Infrastructure Finance, Triveni Engineering, Venky's India, VIP Industries and Zuari Agro Chemicals.

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