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Shares of the country's second largest hospital chain operator rose 6 percent to Rs 141.75 after IHH offered a binding bid for Fortis which will be valid till July 16, 5 PM IST, Bloomberg reported.
Shares of the Chennai-based oil field service provider rose as much as 10 percent after it won an order from ONGC for rig development.
Aban Offshore's subsidiary Aban Singapore received a letter of award from ONGC for deployment of jack-up rig Deep Driller 8 for a period of two years, the company said in an exchange filing.
Buyers and sellers were not immediately known
Source: Bloomberg
Niti Aayog vice chairman Rajiv Kumar while addressing media persons said rupee is still relatively overvalued by 5-7 percent compared to its real effective value.
Key highlights:
Shares of the Ahmedabad-based synthetic dye maker was locked in a 20 percent upper circuit at Rs 576.95 on the back of heavy volumes.
Trading volume 10.3 times its 20-day average.
The company has got a favourable ruling from Singapore International Commercial Court in Kiri Industries' minority oppression suit in relation to its investment in DyStar.
The court ordered Senda International Capital Limited to buy Kiri Industries' 37.57 percent stake in DyStar.
Shares of the drugmaker rose as much as 2.2 percent today to Rs 396.85 after the company received an approval from the U.S. drug regulator for its painkiller drug.
Strides Shasun received approval from the U.S. Food and Drug Administration for its Ibuprofen tablets, used to relieve headache, dental pain, muscle aches, or arthritis, according to its exchange filing.
Shares of the Chandigarh-based steel wheel rim maker rose as much as 2.32 percent to Rs 1,240 after its sales turnover in June rose 74 percent to Rs 197.60 crore versus Rs 112.45 crore during the same month last year.
The company sold 12.66 lakh wheel rims compared to 10.29 lakh wheels (YoY).
Shares of the Hyderabad-based construction company rose as much as 4.54 percent to Rs 101.35 after it won orders worth Rs 2,061 crore in June.
Three orders worth Rs 1,997.51 crore pertain to the buildings division and one order of Rs 63.45 crore pertain to the water and environment division, NCC said in an exchange filing post market hour yesterday.
Shares of the Delhi-based dairy products maker fell as much as 4.85 percent to Rs 21.60 after one of its promoter Sanjay Dhingra sold shares in the company.
Kwality's promoter Sanjay Dhingra sold 13 lakh shares or 0.54 percent equity at Rs 22.07 per share, according to the data available on stock exchanges.
Shares of the newly listed specialty chemicals company rose as much as 3.91 percent to Rs 855 after Goldman Sachs India Fund bought stake in the company.
Goldman Sachs India Fund acquired 2.79 lakh shares or 0.91 percent equity at Rs 815 each, according to data available on stock exchanges.
Shares of the Delhi-based oil exploration company rose as much as 2.25 percent to Rs 159 after its board gave in-principle approval for exploring options for a restructuring of the group firms including the merger of subsidiaries MRPL and HPCL.
Shares of the Delhi-based two-wheeler maker rose as much as 2 percent to Rs 3,485 after it reported June sales and hiked prices of its motorcycles and scooters to partially offset higher input costs.
June sales highlights:
Rajnish Kumar, chairman of State Bank of India told BloombergQuint in an interview that there is huge interest in stressed asset reconstruction from institutions and asset management company will not require huge amount of capital.
Key highlights of the conversation:
Sovereign bond traders will be focusing on the sale of about Rs 11,000 crore of debt by states. Nothing much has changed for the rupee and the ongoing emerging market selloff means the currency may be bearish today. The market is likely to follow the oil and the rupee trajectory.
The rupee could potentially test 70 per dollar soon. The key negatives are an escalating trade war fears between the U.S. and China and high oil prices, according to Oxford Economics. Also, India's key industries' output for the month of May rises less than estimated at 3.6 percent.
On the monsoon front too, the news is not too good. Though the rains have covered all of India, precipitation is still 7 percent below normal.
(As reported on July 2)
Fine Organic
Kwality
Adani Ports
Minda Corporation
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