In a meeting of the Executive Committee, Coffee Day Enterprises Limited (CEDL) decided to appoint IDFC Securities as the advisor of the company and its subsidiaries. Reacting to this development the stock of the company surged 5 per cent to hit upper circuit on the BSE.

The stocks to watch out on September 11 include Eveready Industries, Skipper, Meghmani Organics and Lupin.

Infosys in collaboration with Microsoft, on Monday announced a long-term strategic partnership with JG Summit Holdings, Inc, one of the largest and most diversified conglomerates, headquartered in Manila, Philippines.

The total capex for the said project is amounted to Rs. 275 crore and is likely to generate revenue of around Rs. 460 crore per annum. With commencement of this plant, Meghmani will become first manufacturer of Epichlorohydrin in India which is currently entirely imported to India. This project would further drive the demand for this product, going ahead.

The construction arm of Larsen & Toubro (L&T), L&T Construction’s Buildings & Factories business has secured a residential project from City and Industrial Development Corporation of Maharashtra (CIDCO).

NBCC has received a Letter of Award (LoA) of work from Indian Institute of Management (IIM) Sambalpur. The shares of the company rose 5.7 per cent intraday on the BSE.

During Q1FY20, the company had secured new orders worth Rs. 185 crores for engineering products from projects related to Power Grid Corporation of India Limited (PGCIL), State Electricity Boards and others. The order book of Skipper, as on June 30, 2019, stood at Rs. 2363 crores which comprises of Exports-17 per cent and Domestic- 83 per cent.

The company received USFDA approval for Ethacrynic Acid Tablets USP, 25 mg, from the United States Food and Drug Administration (USFDA). Lupin’s Ethacrynic Acid Tablets USP, 25 mg, is the generic version of Edecrin Tablets, 25 mg, of Bausch Health Americas, Inc.

The above mentioned work of contract shall resume by September 12, 2019. The total contract value of the same stood at Rs. 382.22 crore, out of which contract worth Rs. 213.24 was already completed. Value of the remaining work balance stood at Rs. 168.98 crore.

L&T Technology Services Limited (LTTS) is selected by a European automotive manufacturer for its electric Powertrain (ePowertrain) practice. The company is responsible for the functional qualification of the ePowertrain ECUs (Electronics Control Unit).