Stocks that are likely to record significant movement on bourses today
Hatsun Agro Products: The newly-commissioned milk and milk products plant in Solapur (Maharashtra), with a milk handling capacity of 6 LLPD, begins its commercial production.
Mahindra CIE: The company has been taking various steps to optimise its power cost and increase the consumption of green energy at various power intense plants of the company. Accordingly, the company subscribed to 8,26,000 equity shares of ReNew Surya Alok Private Limited, which constitute 31.20 per cent of the total issued and paid-up capital of ReNew.
Infosys: Infosys has been recognised as one of the world's most ethical companies by Ethisphere Institute.
TCS: The company has been recognised as a leader in system integrator capabilities on AWS by Everest Group.
Sun Pharma: Sun Pharma to introduce a complete range of Brivaracetam at an affordable price for epilepsy treatment in India.
Sun Pharma Advanced Research Company: Office of New Drugs (OND) of United States Food & Drug Administration (USFDA) has denied the company’s appeal of the complete response letter in relation to the new drug application (NDA) for Taclantis™. In its appeal denied letter, the OND requested the conduct of a new phase 3 study in metastatic breast cancer patients to support any potential resubmission of the Taclantis™ NDA. The company will review FDA’s response and decide on appropriate next steps soon.
Sanghi Cement: The outstanding non-convertible debentures (NCD) of the company amounts to Rs 305 crore, which was issued on February 23, 2021.
REC: Issue of US$ 500 million 2.25 per cent notes by REC.
NTPC: NTPC Ltd has executed share purchase agreements with GAIL (India) Ltd for the purchase of GAIL’s share (25.51 per cent) in Ratnagiri Gas & Power Pvt Ltd (RGPPL) as well as the sale of NTPC's share (14.82 per cent) (on a fully-dilutive basis) in Konkan LNG Ltd (KLL).