Stocks in news: Bajaj Finance, Kronox Lab, IDBI Bank, Dr Reddy's, Godawari Power, Jubilant Pharmova
Domestic markets navigated a volatile week, ending near all-time highs. Bajaj Finance filed for a Rs 7,000 crore IPO, Kronox Lab to debut with 30% premium, Godawari Power eyes share buyback, Dr Reddy's unit gets FDA observations, and Jubilant Pharmova faces FDA scrutiny.
Domestic markets navigated a highly volatile trading week with significant swings in both directions but ended up near all-time highs. In today's trade, of , , IDBI_Bank, , , and among others will be in focus due to various news-related developments.Bajaj Finance
Bajaj Housing Finance () has filed a draft red herring prospectus (DRHP) with the Indian market regulator to launch a Rs 7,000 crore initial public offering ().
Kronox Lab
The shares of Kronox Lab will debut at the bourses today and the stock is expected list with a healthy premium of around 30%, going by the grey market trends.
Godawari Power
Godawari Power said its board will consider a proposal to buyback equity shares on June 15.
Dr Reddy's
Dr Reddy's said its manufacturing unit in Andhra Pradesh received four observations from US .
Gland Pharma
Gland Pharma appointed Srinivas Sadu as the Executive Chairman and CEO of the company with effect from June 10.
KEC International
KEC International received orders worth Rs 1,061 crore across its various businesses.
Jubilant Pharmova
Jubilant Pharmova said US FDA has issues three observations its contract manufacturing facility at Spokane, Washington.
Lupin
Lupin has entered into a BTA with Lupin LifeSciences to carve out its trade generics business in India effective July 1.
RVNL
RVNL emerged as the lowest bidder for a project of Southern Railways worth Rs 156.47 crore.
received income tax refund order worth Rs 2,701 crore for assessment year 2016-17. The bank said it is in the process of evaluating the implications of this order on financial statements.
Artson Engineering
Artson Engineering received a letter of award for a project worth Rs 126.15 crore from Guwahati International Airport.
Borosil Renewables
Borosil Renewables said its board approved a proposal to raise up to Rs 450 crore through rights issue of equity shares.
Kronox Lab
The shares of Kronox Lab will debut at the bourses today and the stock is expected list with a healthy premium of around 30%, going by the grey market trends.
Godawari Power
Godawari Power said its board will consider a proposal to buyback equity shares on June 15.
Dr Reddy's
Dr Reddy's said its manufacturing unit in Andhra Pradesh received four observations from US .
Gland Pharma
Gland Pharma appointed Srinivas Sadu as the Executive Chairman and CEO of the company with effect from June 10.
KEC International
KEC International received orders worth Rs 1,061 crore across its various businesses.
Jubilant Pharmova
Jubilant Pharmova said US FDA has issues three observations its contract manufacturing facility at Spokane, Washington.
Lupin
Lupin has entered into a BTA with Lupin LifeSciences to carve out its trade generics business in India effective July 1.
RVNL
RVNL emerged as the lowest bidder for a project of Southern Railways worth Rs 156.47 crore.
received income tax refund order worth Rs 2,701 crore for assessment year 2016-17. The bank said it is in the process of evaluating the implications of this order on financial statements.
Artson Engineering
Artson Engineering received a letter of award for a project worth Rs 126.15 crore from Guwahati International Airport.
Borosil Renewables
Borosil Renewables said its board approved a proposal to raise up to Rs 450 crore through rights issue of equity shares.
Source: Stocks-Markets-Economic Times
