Tata Steel Ltd., LG Electronics India Ltd., Infosys Ltd. and HUDCO Ltd. are some of the stocks that will draw market interest on Thursday.
Tata Steel reported healthy third-quarter business growth in its provisional update. So did IRB Infrastructure Ltd.
HUDCO signed an MoU with the Chhattisgarh government to provide Rs 1 lakh crore assistance over five years.
Nearly 2% equity of LG Electronics will exit anchor-lock and be free for secondary market trading.
Top 10 Stocks In News
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Tata Steel: The company achieved its ‘best-ever quarterly’ crude steel production in the October-December period, leading to higher deliveries. Local production jumped 12% both on an annual and sequential basis to 6.34 million tons. Deliveries were up 9% QoQ and 14% YoY, primarily aided by strong sales in the domestic market.
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Gland Pharma: The company received approval for Olopatadine Hydrochloride Solution used for allergic conjunctivitis.
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Infosys: The company partnered with Cognition to deploy AI software Devin globally.
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Balaji Amines: The company became eligible for an industrial promotion subsidy of Rs 258 crore.
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HUDCO: The company signed an MoU with the Chhattisgarh Government to provide Rs 1 lakh crore assistance over five years.
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Cipla: : The company clarifies Pharmathen is the supply partner for Lanreotide Injection; evaluating impact of USFDA inspection.
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SG Finserve: : The company received RBI registration to undertake factoring business.
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Angel One: Board will meet on January 15 to consider a stock split.
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Kalpataru Projects: : The company received approval to sell 100% stake in Vindhyachal Expressway at an enterprise value of Rs 775 crore.
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IRB Infrastructure: December toll collection jumped 12% year-on-year to Rs 754 crore.
Trading Tweaks
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Shares to exit anchor lock-in: LG Electronics (2%) and Crizac (60%).
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