DSIJ Mindshare

The country’s central bank RBI has allowed PNB Housing to borrow ECB up to USD 750 million annually under the automatic route. The company in its exchange filing said that in the coming months, it will further utilise the facility.

Tata Power Company’s wholly-owned subsidiary, Tata Power Renewable Energy (TPREL) has received LOA from GUVNL on July 25, 2019 to develop a 250 MW solar project in Dholera Solar Park of Gujarat. This capacity is in addition to 100 MW awarded by GUVNL earlier at Raghanesda Solar Park in May'19.

BEML Ltd was picked by our Bollinger Band squeeze scanner, which suggests that the stock is near a consolidation breakout.

Cipla’s wholly-owned subsidiary, Cipla Gulf FZ LLC, and Alvotech have entered into an exclusive partnership. The shares of Cipla were however trading lower post the news.

The following stocks would be in focus during Tuesday’s trading session in light of their results announcement: Axis bank, Tech Mahindra, VIP Industries, Hero Motocorp and Balkrishna Industries.