Stocks that are likely to record significant movement on bourses today
Muthoot Finance: RBI rejects Muthoot Finance’s proposal to acquire IDBI AMC on the ground that the activity of sponsoring a mutual fund or owning an asset management company is not in consonance with the activity of an operating NBFC.
Lasa Supergenerics: The company receives further injunction from Bombay High Court, restraining its competitor from manufacturing Albendazole in addition to other reliefs, which is a subject matter of patent infringement case, until disposal of the suit.
JSW Steel: JSW Steel acquired the remaining 26.45 per cent stake of the issued and paid-up share capital of JSW Vallabh Tinplate.
DFM Foods: CARE Ratings has assigned a rating of Care A; stable for the company’s long-term bank facilities and Care A1 for short-term bank facilities.
Thomas Cook: Thomas Cook India launches India’s first ‘virtual holiday store’ to serve customers in the new normal i.e. with safe, convenient, and personalised holiday planning.
IRB Infrastructure: Agra Etawah BOT Project implemented by AE Tollway Limited (SPV), which is now a part of IRE Infrastructure Trust - Private InvIT has been issued a completion certificate by the competent authority. Consequently, toll rates for SPV would be increased by 70 per cent and the SPV will collect roll at revised toll rates on this project.
Spandana Sphoorty Financial: The company has raised Rs 100 crore through the NCD issue.