M&M to consider issuance of bonus shares on Nov. 10.
CCI approves Singapore’s GIC’s plan to acquire 33 percent stake in DLF Cyber City Developers for Rs 8,900 cr.
Torrent Pharma acquires the Indian formulations business of Unichem Laboratories for Rs 3,600 cr.
NHAI may bar 20 firms, including HCC and L&T, from bidding for road projects
VRL Logistics to buyback 9 lakh equity shares (or 0.99 percent equity) at a price of Rs 460 each. CMP 374.
Mercator to sell its vessel Harsha Prem for $3.42 million. Proceeds of the sale would be used to repay debt
Titan Revenue up 29.6% Net profit up 68% EBITDA up 50.75% Margin at 11.45% Vs 9.85%.
Relaxo Footwears Revenue up 16.4% Net profit up 19% EBITDA up 17.2% Margin at 13.4%.
Kitex Garments Revenue up 39% Net profit up 84.5% EBITDA up 35%.
Stocks to watch:
Positive: #M&M #DLF #TORNTPHARM #VRLLOG #MERCATOR #TITAN #RELAXO #KITEX