Pharmaceutical company Sanofi informed the bourses that the Board of Directors of Sanofi india Limited (SIL) has approved slump sales and transfer of its manufacturing facility at Ankleshwar, Gujarat to Zentiva for Rs. 261.7 crore.

JSW Steel has reported Crude Steel production at 12.53 lakh tonnes (LT) for August 2019, registering a fall of 13 per cent over corresponding month of previous year.

US-based private equity firm Advent International Corporation has made an open offer to acquire 26 per cent share of DFM Foods for an offer price of Rs. 249.50 per equity share. Reacting to this, the stock of DFM Foods fell by almost 8 per cent on BSE.

The stocks to watch out on September 12 include Cyient, Tata Motors, Dr. Reddy’s, Yes Bank, Sasken Technologies and L&T Finance.

Mumbai based infra company, Generic Engineering Construction and Projects, informed on Wednesday that it has secured the orders worth Rs. 299 crore.

Cyient, a global engineering and technology solutions company, on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with Qinetiq Target Systems (QTS), a UK-based defense technology firm.

Bharat Heavy Electricals Limited (BHEL) has successfully commissioned the 1320 MW IB Thermal Power Station (2x660MW).

Strides Pharma Science Limited (Strides) on Wednesday announced that Strides Pharma Global Pte Ltd (SPG), a stepdown subsidiary of the company has acquired a majority stake in Fairmed Healthcare AG (Fairmed).

Power Mech Projects Limited informed the exchanges that it has bagged orders worth Rs. 275 crores. The orders are for various projects that include –

Following stocks are close to their 52-weeks low as at 14:06 p.m. on September 11, 2019.