STOCKS TO WATCH
Cipla: Company, Macleods HIV child treatments approved in South Africa
Zomato: The company will acquire Blink Commerce, previously known as Grofers India, for Rs 4,447 crore in stock deal. It will acquire 33,018 equity shares of Blink Commerce for Rs 13,46,986.01 apiece and will allot 62.85 crore shares at price of Rs 70.76 apiece as consideration other than cash. Acquisition will be completed within 15 days from shareholders' approval
Dr Reddy’s: The company has acquired a portfolio of branded and generic injectable products from U.S. based Eton Pharmaceuticals Inc. for an upfront payment of $5 million in cash, plus contingent payments of up to $45 million.
Welspun Corp: The company has secured orders from India and the U.S. across Oil and Gas and Water sector of 47,000 MT worth Rs 600 crore.
L&T Finance Holdings: The company received NBFC registration certificate from Reserve Bank of India.
Cipla: Company, Macleods HIV child treatments approved in South Africa
Zomato: The company will acquire Blink Commerce, previously known as Grofers India, for Rs 4,447 crore in stock deal. It will acquire 33,018 equity shares of Blink Commerce for Rs 13,46,986.01 apiece and will allot 62.85 crore shares at price of Rs 70.76 apiece as consideration other than cash. Acquisition will be completed within 15 days from shareholders' approval
Dr Reddy’s: The company has acquired a portfolio of branded and generic injectable products from U.S. based Eton Pharmaceuticals Inc. for an upfront payment of $5 million in cash, plus contingent payments of up to $45 million.
Welspun Corp: The company has secured orders from India and the U.S. across Oil and Gas and Water sector of 47,000 MT worth Rs 600 crore.
L&T Finance Holdings: The company received NBFC registration certificate from Reserve Bank of India.
Nifty futures on the Singapore Exchange traded 155.5 points, or 0.99 per cent higher at 15,856.5, signaling that Dalal Street was headed for a positive start on Monday. Here are a dozen stocks which may buzz the most in today's trade