Top stocks of the Day

top-stocks-of-the-day-36

HFCL

The company has entered into a strategic partnership with General Atomics Aeronautical Systems, Inc. (GA-ASI) to develop and supply critical sub-systems for GA-ASI's advanced unmanned aircraft systems (UAS).

Aster DM Healthcare

The company, through its wholly owned subsidiary Sri Sainatha Multispecialty Hospitals, has entered into a lease agreement with Aparna Constructions and Estates for the establishment of a new Aster Woman and Children Hospital in Hyderabad.

Vodafone Idea

The telecom operator has concluded a $3.6 billion (Rs 30,000 crore) deal with Nokia, Ericsson, and Samsung for the supply of network equipment over a three-year period. The capital expenditure program aims to expand 4G population coverage from 1.03 billion to 1.2 billion, launch 5G in key markets, and expand capacity in line with data growth.

Oil and Natural Gas Corporation

Subsidiary ONGC Videsh has signed a non-associated gas deal in the Azeri-Chirag-Deepwater Gunashili (ACG) field in Azerbaijan. The non-associated natural gas (NAG) resources of ACG are estimated to be significant, with up to 4 trillion cubic feet (tcf) in place.

Glenmark Pharmaceuticals

The United States Food and Drug Administration (USFDA) has completed a Good Manufacturing Practice (GMP) inspection at the company’s formulation manufacturing facility in Chhatrapati Sambhaji Nagar (Aurangabad). The inspection, which was conducted from September 9-20, concluded with no observations.

Ramco Cements

The company has increased its cement grinding capacity by 0.9 MTPA, from 23.14 MTPA to 24.04 MTPA, with an investment of Rs 58 crore.

Bharat Heavy Electricals

BHEL has received a notification of award (NOA) worth Rs 6,100 crore from NTPC for an 800 MW Sipat Supercritical Thermal Power Project Stage-III.

Reliance Industries

The company has extended the last date for the payment of unpaid call money. Forfeiture of the partly paid-up equity shares will be effected if the payment of unpaid call money, along with interest, is not made on or before October 7.

Tata Steel

The company has commissioned India’s largest blast furnace at Kalinganagar, Odisha. With an investment of Rs 27,000 crore, the Phase II expansion will increase the total crude steel capacity from 3 million tonnes per annum (MTPA) to 8 MTPA.

Dr Reddy’s Laboratories

The USFDA completed a routine Good Manufacturing Practice (GMP) inspection at the company’s R&D centre (Integrated Product Development Organisation or IPDO) in Bachupally, Hyderabad. The inspection, conducted from September 16-20, concluded with zero observations.

HDFC Bank

HDB Financial Services has received board approval for an initial public offering (IPO) of equity shares, comprising a fresh issue worth Rs 2,500 crore and an offer for sale of equity shares by existing and eligible shareholders.

Bharat Forge

The company, along with its two subsidiaries (J S Auto Cast Foundry India and Kalyani Centre for Precision Technology), has entered into share subscription and shareholders agreements (SSSHA) with special purpose vehicles (SPVs) of Sunsure Energy for off-taking renewable energy under the group captive scheme as per the Electricity Act, 2003.

Mankind Pharma

The board has approved raising funds of up to Rs 10,000 crore via non-convertible debentures (NCDs) and commercial papers on a private placement basis.


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