Stock Market Corner

Stock Corner

1.                   Welspun Corp gets order for 33KMT of pipes for oil and gas project in America.

2.                   Manappuram Finance board meeting on June 14 to consider issuance of NCD on private placement basis.

3.                   Inox Wind appoints Dewan P. N. Chopra & Co as Independent auditor for next 5 years.

4.                   Canara Bank board meeting on June 13 to consider the capital raising plan for 2018-19.

5.                   Electrosteel Steel: NCLT approved resolution plan, company will consider preferential issue of equity shares on June 14.

6.                   Shoppers Stop closes its Shoppers Stop store at Swami Vivekananda Airport, Raipur, due to non-renewal of airport store premises agreement

7.                   Natco Pharma introduces generic posaconazole injection in India, which will be an antifungal agent.

8.                   IndusInd Bank receives RBI approval for setting up a subsidiary as part of the merger with Bharat Financial.

9.                   Welspun Corp awarded contracts for the supply of 72 KMT of API pipes into America’s market including this contract, current order book stands at Rs11,000cr.

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