Stocks that are likely to record significant movement on bourses today
TCS: TCS launches a new version of DATOM™ to help accelerate customers’ business transformation on Azure Cloud.
Aurobindo Pharma: The company informed that Aurobindo Pharma USA, Inc., a wholly-owned subsidiary of the company & Natrol LLC, USA, a wholly-owned step-down subsidiary of the company had entered into a definitive agreement with an affiliate of New Mountain Capital LLC, NY and Jarrow Formulas Inc., to dispose of Natrol LLC, USA, including its business assets as a going concern with related assets, liabilities, products, brands & employees. In this regard, the company informed that the aforesaid transaction has been completed on November 30, 2020.
HCC: HCC in a joint venture with Vensar Constructions Company Limited (VCCL) JV wins order worth Rs 236 crore from Northeast Frontier Railway.
Glenmark Pharmaceuticals: Glenmark to divest select anti-allergy brands to Dr Reddy’s in Russia, Ukraine, Kazakhstan, and Uzbekistan in anticipation of its “Ryaltris” launch.
Kesoram Industries: The fundraising committee and the board of directors of the Company at their meetings have, inter alia, approved the issuance of non-convertible debentures and/or optionally convertible debentures, aggregating up to Rs 2,200 crore on a private placement basis.
Shiva Cement: Shiva Cement to invest over Rs 1,500 crore in the new clinker project at Odisha.
Infibeam Avenues: The company receives NCLT approval for a composite scheme of arrangement.
Premier Explosives: The company has received an order from the Ministry of Defence, Government of the Republic of India for the procurement of 26 MM Chaffs to be delivered within six months from the effective date of the contract.
Unichem Laboratories: Unichem Laboratories is pleased to announce that it has received ANDA approval for its Atenolol and Chlorthalidone tablets, USP 50 mg/25 mg and 100 mg/25 mg from USFDA to market a generic version of TENORETIC® (Atenolol and Chlorthalidone) tablets of Alvogen Malta Operations Limited.
EID Parry: In view of the small number of unlisted GDRs outstanding, the company has decided to terminate the GDR Program and issued the necessary instruction to the depository in this regard.