Stocks in news: Adani Ports, Cipla, Prestige Estates, MCX, Lupin
Adani Ports, Cipla, Prestige Estates, MCX, and Lupin among others will be in focus due to various news developments.
Thomas Cook India
Thomas Cook (India) said the demand and spending in the travel industry will continue to grow at the current pace for the next four to five years and only a black swan event could derail the momentum.
SAIL
As an outlier in the public sector enterprise space, the country's leading steel-producing company Steel Authority of India Limited (SAIL) is bringing in work flexibility and agility for over 55,000 employees.
Adani Ports
Adani Ports will enter the S&P BSE Sensex from today, while Wipro made an exit from the 30-stock index as part of the semi-annual rejig.
Prestige Estates
The Board of Prestige Estates approved a Rs 5,000 crore fundraising plan through issuance of equity shares in a qualified institutional placement (QIP).
Lupin
Lupin received establishment inspection report (EIR) from the USFDA for its manufacturing facility in New Jersey with a voluntary action indicated.
Cipla
The US FDA has issued six inspectional observations in Form 483 for Cipla's Goa manufacturing facility.
MCX
The board of MCX has shortlisted the names of candidates for the post of MD and CEO. The company will initiate seeking regulatory approvals for the appointment.
TVS Motor
TVS Motor signed an agreement with CSC Grameen eStores for its commercial vehicle range (three-wheelers).
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