Overnight Digest: Stocks to look out on October 1
Lupin Limited: Good Manufacturing Practices (GMP) inspection at the company’s facility in Goa ended with no critical or major observations. The pharma company also announced the launch of Sildenafil Tablets USP, 25 mg, SO mg, and 100 mg used for the treatment of erectile dysfunction (ED).
ICICI Prudential Life Insurance Company: The company signed an agreement with Airtel Payments Bank thereby offering its customers life insurance and savings plans which would enable them to provide financial security to their families and build long term savings.
Kalpataru Power Transmission Limited: The company received orders worth Rs. 775 crore in T&D business from government and private clients.
Kamdhenu Limited: Manufacturing in Emulsion Division at its paint factory located in Alwar, Rajasthan has commenced which was previously disrupted due to a fire outbreak.
Indiabulls Housing Finance Limited (IHFL): The stock of the company fell by 34.39 per cent intra-day, which is its biggest ever single fall intra-day, owing to notice issued by the Delhi High Court (HC) regarding response to plea for probe into the alleged illegalities, siphoning of funds and violations committed by the company’s promoters. Thus, it will remain in highlight for the next trading sessions as well.