JM Financials on Thursday announced that the company has acquired 49,16,104 compulsorily convertible debentures (which are convertible into 4,91,61,040 equity shares as per the term of issue) of face value of Rs. 373 per share for cash aggregating Rs. 183.37 crore of JM Financial Asset Reconstruction Company Limited (JMFARC), a material subsidiary of the JM Financials.

Azim Premji and promoter group of Wipro Ltd. have sold shares worth over a billion dollars. The news didn’t go well with the market and stock ended with loss on Thursday.

Granules India informed the bourses on Thursday that it has Establishment Inspection Report (EIR) from USFDA for company’s Bonthapally facility located at Hyderabad.

The pharma company Alkem Laboratories has received Establishment Inspection Report (EIR) for its manufacturing facility located at St. Louis, Fenton Logistics Park, USA.

Kridhan Infra’s associate company, Vijay Nirman Company has secured an order worth Rs. 112 crore. The shares of Kridhan Infra hit its upper circuit as soon as the trading session began on Thursday.

The promoter group that held 34.4 per cent equity stake in Apollo Hospitals has divested 50 lakhs equity shares constituting a 3.6 per cent holding in the company via bulk deal transaction on the stock exchanges. Reacting to this development, the stock of the company closed in negative, down by 2.55 per cent.

Following stocks are close to their 52-weeks low as at 14:59 p.m. on September 12, 2019.

The markets on September 12, 2019 opened gap up. BSE Sensex is trading at 37,127.37, down by 143.45 points and the Nifty is trading at 10,985.35, down by 51.35 points.

Ducon Infra technologies Limited announced that it has entered into a strategic tie up with Sterling and Wilson (S&W) to bid large FGD Projects in India.

Shares of Walchandnagar Industries Ltd (WIL) jumped nearly 20 per cent to hit intraday high of Rs. 72.15 and got locked in the upper circuit on Thursday.