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by Commodity Face on Jan 13, 2017

Electrosteel Castings Shines On Bagging A Mining Lease

Electrosteel Castings is having a good day on the Street. The stock of the company has opened in green; and as at 11.13 am is trading with gains of 5.24%. It has witnessed a spurt in volumes by more than 1.83 times. The stock has witnessed a signific...

Lupin Launches Tablet To Have A Cutting Edge Over Competition

Pharma major, Lupin, has launched Morphine Sulfate ER Tablets of 15 mg, 30 mg, 60 mg, 100 mg, 200 mg. Company has received an approval from US FDA earlier, to sell this generic version of Purdue Pharma’s MS Cotin ER tablets of 15 mg, 30 mg, 60 mg,...

Hero MotoCorp Forays Into The Argentina Market

Hero MotoCorp has tied up with Marwen SA to launch its latest product ‘Glamour 125’.  The company has tied up with Marwen SA for distribution and assembly of the product. The company has launched five new products to locally assemble it in A...

Digvijay Cement Receives Order From Gujarat HC

Shree Digvijay Cement Co. Limited has received an order on Friday from the Hon'ble High Court of Gujarat.The Hon'ble High Court has directed the Government of Gujarat to issue grant orders and execute mining leases, subject to obtaining Environmental...

Force Motors Issues Commercial Paper

Force Motors, though opened in green; is down by 0.59%. As per a recent development, the company has issued a Commercial Paper aggregating to more than Rs 2000 crore with the tenure of upto 180 days. However, in the last one year the stock has g...

Oil & Gas Outperforms In The Opening Hours Gail Up By 2.15%

Even as markets trade in red on Friday struggling to maintain 8400 levels, it is Oil & Gas stocks that are holding the markets from falling further even as the IT majors attempt to drag the market in red.GAIL is up by more than 2.15 % along with...

Stock In Focus : Spice Jet

Spice Jet could be the stock to watch out for on Jan 13, as the carrier is looking to expand its fleet. In a new development, the company will soon make an announcement of an order of 90-100 new aircrafts.The order is estimated to be worth Rs 55000 c...

Mastek Completes Acquisition Of Trans American Information Systems

Mastek Ltd, on Friday has informed that the share purchase agreement for acquisition of 100% equity shares of Trans American Information Systems Private Limited has been completed. Following this, Trans American Information System Private Limited has...

Bajaj Corp Announces Growth Prospects Stocks Up From Prolonged Breather

Though, Bajaj Corp has posted a de-growth of 5% and 0.9% in revenues and net profit, respectively, in the December quarter ending results, it has come up with growth opportunities and strategies to post better earnings going forward. Bajaj Corp,...

Bharat Financial Inclusion Opens In Green

The Indian markets opened in green on Jan 13, with Sensex as at 9.23 am up by 61.36 points. Meanwhile, Bharat Financial Inclusion has also opened in the green as the company has assigned a pool of receivables, amounting to an aggregate value of Rs 31...

Infosys Sheds Gains In The Opening Hour

Infosys opened in green gaining more than 3% in the first few minutes of the trading session. However the stock could not hold on to its gain and is trading in red at Rs 993.60 per share, down by Rs 6.25 per share or 0.72%.Reliance Industries, HDFC a...

Goa Carbon Posts Aggrevated Net Loss In Q3 FY17 Vs FY16 Stock 9% Down

Goa Carbon, calcined petroleum coke manufacturer, has announced its Q3 FY17 results on January 13, 2017, where company has posted a de-growth in revenues; and has posted a net loss. Company’s revenues have come in at Rs 71.95 crore, posting a de-gr...

Power Stocks Reel Under Pressure Torrent Power Only Gainer

Power stocks dominated the trading session on Thursday and were buzzing with strong long built up positions. However, in Friday’s trading session, the stocks are in a different mood witnessing profit booking.In Thursday’s trading session, NHPC wi...

Cadila's Subsidiary Settles Its Patent Litigation

Zydus Pharmaceuticals (USA) Inc., a subsidiary of Cadila Healthcare Limited, which is a global pharmaceuticals company, has today announced that they have finalised an agreement with Upsher-Smith Laboratories Inc., to settle the patent litigation wit...

CCL International Finds No Takers, Trades At New 52-Week Low

CCL International is having a black day on the Street. The stock of the company has hit its lower circuit and is trading on a new 52-week low.Although ICRA has revised their credit ratings and has reaffirmed the long-term rating of ICRA BB assigned t...

Divi's Lab Bounces Back From 52 Week Low Reversal Or Short Covering Is The Question

Divi's Laboratories, which has fallen by nearly 50% from its 52-week high since August 2016, has taken a support at its 52 week low level. When the whole market was buoyant, Divi's Lab had hit its 52 week low levels in the previous session.The stock...

FMCG Outperforms Kaveri Seeds Up By 5%

BSE FMCG index is the best performer on BSE today even as markets are witnessing profit booking in the first half of the market. Kaveri Seeds is the top gainer for the index up by more than 6% on the intraday basis trading at Rs 460 per share.The oth...

Maruti To Launch SUV Lgnis Today

Maruti Suzuki, country’s largest car maker, will be making a third addition to its Nexa range, by launching its Ignis car. The car is said to be a compact hybrid model between hatchback and a sports utility vehicle. The launch is expected later tod...

Eicher Motors Hike Prices For Its LCVs& HCVs

Start 2017 and we are already seeing change in pricing strategy adopted by various automakers. Gurgaon based Eicher Motors, famously known for its Royal Enfield brand, has decided to hike the prices for its Light Commercial Vehicles (LCVs), medium CV...
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