Overnight Digest: Stocks to look out on September 18

Overnight Digest: Stocks to look out on September 18

Geyatee Deshpande
/ Categories: Trending, DSIJ News

The stocks to watch out for September 18 include SMS Lifesciences India, Gujarat Alkalies, Bharti Airtel, Glenmark and Ahluwalia Contracts.

SMS Lifesciences India Limited: USFDA and EMA are evaluating the presence of NDMA (Nitrosodimethylamine), which is a carcinogenic impurity at low levels, in some Ranitidine API products manufactured by the company.

Gujarat Alkalies and Chemicals: The company informed the exchanges about the completion of installation of entire 20 MW AC Solar Power Plant at Charanka.

Bharti Airtel: The company initiated talks with potential bidders for a stake sale in the merged company of Bharti Infratel and Indus Towers.

Glenmark Pharmaceuticals: USFDA granted Orphan Drug Designation to its bispecific antibody candidate GBR 1342 which is used for treating patients with multiple myeloma who have received prior therapies.

Ahluwalia Contracts (India) Limited: Along with orders of approximately Rs. 90.36 crore, the company has received a new order of Rs. 407 crore for construction of a medical college in Haryana.

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