Stocks that are likely to record significant movement on bourses today

Advanced Enzymes: The company to acquire controlling stake in SciTech Specialities Private Limited (SSPL).  

Asian Granito: The company is eyeing exponential growth from export business in the current fiscal due to anti-China sentiments, reduction in gas prices, and robust export orders from the USA, Europe, UK, and the Middle East are driving the export business in the current fiscal and it is expected to get further momentum in the coming months. The company is also expanding its business network in over 120 countries from 100 currently. 

Cadila Healthcare: Zydus Cadila submits phase I/II clinical trial data of ZyCoV-D; seeks nod to start phase III clinical trials. 

Westlife Development: The company has opened two new stores in the Mumbai suburban area and one in Cochin. Another new restaurant is on the Mumbai-Pune highway, which is set to commence operations on December 31. In another development, the royalty for FY21 as well as FY22 remains at 4 per cent.  

Ultratech Cement: The company is set to consider fundraising plan worth Rs 1,000 crore through non-convertible debentures on or after December 30, 2020. 

Centum Electronics: The company receives DRDO’s prestigious  Defence  Technology Absorption Award. 

Biocon: This is to inform you that Biocon Biologics Limited (a subsidiary of Biocon Limited) and Mylan (a subsidiary of Viatris Inc.) have been informed by US Food & Drug Administration (FDA) of a deferred action on the Biologics License Application (BLA) for MYL-1402O, a proposed biosimilar to Avastin® (bevacizumab). To complete the application, the agency noted that an inspection of the manufacturing facility is required as a part of the standard review process. However, due to restrictions on travel related to the COVID-19, the agency is unable to conduct an inspection during the current review cycle. The company awaits the dates for the inspection. 

Reliance Industries: IMG Reliance Limited (IMG-R) is a joint venture between IMG Worldwide LLC (IMG) and the company. IMG Singapore Pte. Ltd., a wholly-owned subsidiary of IMG, holds 50 per cent of the share capital of IMG-R. The company has entered into definitive agreements to acquire the shares held by IMG Singapore Pte. Ltd in IMG-R, for a cash consideration not exceeding Rs 52.08 crore. Post completion of acquisition, IMG-R will become a wholly-owned subsidiary of the company and will be rebranded by the company. 

Coal India: Coal India’s board of directors accorded its in-principle approval to venture into Aluminium Value Chain and Solar Power Value Chain. It has also approved creating special purpose vehicles (SPVs).  

PFC: The meeting of the board of directors of the company is scheduled on December 30 to consider and approve a proposal for revision in limits for raising of resources i.e. revised market borrowing programme for the financial year 2020-21 through the issuance of bonds, term loans from banks/FIs, commercial paper, etc. from domestic & international markets. 

Confidence Petroleum: Confidence Petroleum India announces the completion of the first CNG station at Gariya colony, Kolkata for Bengal Gas Corporation Limited (BGCL). 

DLF: DLF Cyber City Developers Limited (DCCDL), the rental arm of DLF Group, has entered into a securities purchase agreement with funds managed by Hines for the acquisition of its stake in Fairleaf Real Estate Private Limited, which owns & operates One Horizon Center.