Thursday 21 June 2018

Stock Market Corner

Stock Corner

1.                   Cipla gets final approval for generic drug Sustiva from USFDA.
2.                   ICICI Bank MD and CEO Chanda Kochhar goes on leave, Sandeep Bakhshi named COO.


3.                   IndoStar Capital Finance subscribed to 3.5cr equity shares issued by subsidiary IndoStar Home Finance on right issue basis at par.
4.                   Bajaj Auto said the board of directors will meet on July 20 to consider the unaudited financial results for the first quarter ending June 30, 2018.
5.                   JTL Infra stock price rallied after the company received a prestigious order for supplying 'solar module mounting galvanized steel structure' to L&T for their 100MW Solar Power PV project at Bhadla-Phase III Solar Park in Rajasthan.
6.                   Digital infrastructure provider Tata Communications is selected by global OTT solutions provider BlaBla Connect to underpin a first-of-its-kind OTT service that integrates its existing mobile wallet and voice services together with borderless connectivity.
7.                   Bank of Maharashtra’s shares fell 7 percent intraday after a member of its senior management was arrested. The lender’s Chairman and Managing Director (CMD) Ravindra Marathe along with five others have been arrested for extending fraudulent loans to Pune-based DSK Group.

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