Stocks To Watch: Tata Power, Lupin, RVNL, NLC, ICICI Prudential, Alkem Labs
Tata Power Co. Lupin Ltd., Rail Vikas Nigam Ltd., NLC India Ltd., ICICI Prudential Life Insurance Co and Alkem Laboratories Ltd. are some stocks that will be on the radar on Wednesday.
Castrol India Ltd., Coromandel International Ltd., GTV Engineering Ltd., Indian Metals & Ferro Alloys Ltd., Dr. Lal Path Labs Ltd., Manba Finance Ltd., MAS Financial Services Ltd., Shree Cement Ltd., SMC Global Securities Ltd., Sona BLW Precision Forgings Ltd. and Thinkink Picturez Ltd. will go into ex-trade.
Stocks To Watch
Tata Power Co.: Tata Power Co.'s consolidated net profit climbed 8% in the third quarter, surpassing analysts' expectations.
Lupin: Lupin clarified reports about receiving the US FDA approval for a generic HIV drug, saying they have received tentative approval for their Abbreviated New Drug Application.
ICICI Prudential Life Insurance Co: The firm received a show-cause notice demanding Rs 492.06 crore for the period July 2017 to July 2022 from the additional commissioner, Central Goods And Services Tax and C.Ex, Palghar Commissionerate, Maharashtra.
Axis Max Life Insurance: The company's board has approved a listing roadmap, paving the way for the company's public listing as directed by the Insurance Regulatory and Development Authority of India.
Rail Vikas Nigam : The firm secured a Rs 404.4-crore contract from East Coast Railway for a road doubling project, following the receipt of a letter of acceptance.
NLC India: The company emerged as the successful bidder for a coal mine at Angul, Odisha with a total geological reserve of 720.87 million tonnes.
Alkem Labs : The company introduced the Kojiglo serum in India for managing facial hyperpigmentation.
Ujjivan Small Finance Bank: The firm submitted a formal application to the Reserve Bank of India for a universal banking licence.
Affle India: The firm granted another patent in India which helped its overall IP portfolio. Patent subject area includes system for switching and handover between one or more intelligent conversational agents.
Stocks Going Ex-Trade
Stocks trading ex-dividend: Castrol India, Coromandel International (Rs 6), GTV Engineering (Rs 0.5), Indian Metals & Ferro Alloys (Rs 5), Dr. Lal Path Labs (Rs 6), Manba Finance (Rs 0.5), MAS Financial Services (Re 1), Shree Cement (Rs 50), SMC Global Securities (Rs 1.2) , Sona BLW Precision Forgings (Rs 1.6) .
Stocks trading ex-bonus: Thinkink Picturez (Bonus Issue 2:1).
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