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  1. Lupin, Punjab National Bank among 7 stocks that made news today

Lupin, Punjab National Bank among 7 stocks that made news today

Lupin stocks closed 6.25 per cent up at Rs 1657.30 after it received Establishment Inspection Reports (EIR) feom US FDA for its Goa facility.

By: | New Delhi | Updated: July 7, 2016 5:11 PM
Stocks that remained in focus today Lupin stocks closed 6.25 per cent up at Rs 1657.30 after it received Establishment Inspection Reports (EIR) feom US FDA for its Goa facility. (Express photo)

The BSE Sensex and NSE Nifty ended flat on Thursday in a lacklustre trade on mixed global cues. Sensex inched up 34.62 points to close at 27,201.49, while NSE Nifty ended 1.95 points up at 8,337.90.

Below are the 7 stocks that made news today

Lupin: Stocks of the pharma major closed 6.25 per cent up at Rs 1657.30 after it received Establishment Inspection Reports (EIR) feom US FDA for its Goa facility.

Read more: How stock markets performed today

National Buildings Construction Corporation Limited (NBCC): Share price of the company ended 10.47 per cent up at Rs 215.30. Stock of state-owned construction firm will remain in limelight on Thursday because of following reasons:

1. NBCC has bagged government’s project of redeveloping General Pool Residential Accommodation (GPRA) colonies in Sarojini Nagar, Netaji Nagar, Nauroji Nagar. The Union Cabinet on Tuesday approved the redevelopment of seven General Pool Residential Accommodation (GPRA) colonies in Sarojini Nagar, Netaji Nagar, Nauroji Nagar through National Buildings Construction Corporation Limited (NBCC) and in Kasturba Nagar, Thyagraj Nagar, Srinivaspuri and Mohammadpur through Central Public Works Department (CPWD) to replace the existing housing stock.

2. NBCC on Tuesday signed an MoU with Gremound Engineering, a Hungarian company for partnership in introducing new construction technology in India for implementation of mass housing projects in the country.

3. State-owned construction firm NBCC on Tuesday said it has bagged projects worth Rs 587.47 crore in June.

Claris Lifesciences: Drug firm Claris Lifesciences closed 5.59 per cent up at Rs 229.35 after it received approval from the US health regulator for generic Tobramycin injection used for the treatment of bacterial infections, in the American market.

Axis Bank: Share price of the company closed 0.53 per cent up at Rs 542.45 after government on Tuesday approved Axis Bank’s proposal to raise foreign shareholding to 74 per cent, a move likely to bring FDI worth Rs 13,000 crore into the country and create up to 7,000 jobs over three years.

Aditya Birla Fashion and Retail (ABFRL): Stocks of the company ended 2.34 per cent up at Rs 148.85 after it said that it will acquire global clothing brand ‘Forever 21’ in the Indian market for around Rs 175.52 crore.

JK Paper: Stocks of the company settled the day 2.38 per cent up at Rs 62.45 as it has offered to acquire two facilities of BILT Graphic Paper Products located in Maharashtra.

Punjab National Bank (PNB): Share price of the company closed 2.68 per cent up at Rs 116.95 after its subsidiary PNB Housing Finance on Tuesday approached Sebi for an initial public offer worth up to Rs 2,500 crore.

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