Top 7 stocks that made news today: Srei Infrastructure, Suven Life and more
Srei Infrastructure Finance shares settled 13.35 per cent up at Rs 58.60 after the company said that BNP Paribas leasing unit would acquire a 5 per cent stake in the company in lieu of 50 per cent ownership in an equipment financing joint venture.
Jindal Stainless Ltd (JSL) stocks closed 8.89 per cent up at Rs 26.95 after it said that Odisha Industrial Infrastructure Development Corporation (IDCO) has cleared the transfer of its land to Jindal United Steel Ltd (JUSL) and Jindal Coke Ltd (JCL).
The BSE Sensex and NSE Nifty ended on a flat note with marginal gains on Tuesday amid caution ahead of the derivatives contracts expiry on Thursday kept participation low. Sensex gained 45.35 points to close at 26,079.48, while Nifty ended 3.80 points up to end at 7,928.95. Click here to find out stock markets performed today
Below are the stocks that are likely to be in focus today
Srei Infrastructure Finance: Shares of the company settled 13.35 per cent up at Rs 58.60 after the company said that BNP Paribas leasing unit would acquire a 5 per cent stake in the company in lieu of 50 per cent ownership in an equipment financing joint venture.
Suven Life Sciences: The pharma company ended 2.54 per cent up at Rs 268.60 after it was granted a patent each by Europe and Macau for drug used in the treatment of disorders associated with neurodegenerative diseases.
Educomp Solutions: The company gained as much as 7.14 per cent in the early trade on Tuesday after the company informed stock exchanges on Monday post market hours that Educomp Infrastructure & School Management, subsidiary of Educomp Solutions, has executed agreements to sell one of its land and building to third party. Later, the scrip closed 0.71 per cent up at Rs 16.92.
Reliance Capital and Saregama India: Financial services major Reliance Capital acquired 6.82 per cent stake in popular music publishing label Saregama India for Rs 43.17 crore through open market transactions. The scrip of Reliance Capital ended 3.25 per cent up at Rs 432.45, while Saregama India ended 0.27 per cent up at Rs 363.40.
National Buildings Construction Corporation (NBCC): Shares of the realty major gained as much as 2.2 per cent in the morning trade on Tuesday after the company said that it has received an order worth Rs 328.08 crore from Nabinagar Power Generating Company. However, the scrip closed 0.77 per cent down at Rs 989.20.
Liquor companies stocks: Liquor stocks fell by up to 3.2 per cent after the Supreme Court on Tuesday upheld Kerala government’s policy restricting issuance of bar licences to five star hotels only. Shares of Empee Distilleries went down by 3.20 per cent, Pincon Spirit lost 3.05 per cent and Tilaknagar Industries fell by 2.75 per cent on BSE. Similarly, United Spirits dipped by 2.69 per cent and United Breweries fell by 0.71 per cent.
PVR: Shares of the multiplex major ended 2.05 per cent up at Rs 812.25 after the company said it plans to add around 65-70 screens in the next one year as part of its aggessive expansion plans.
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This article was first uploaded on December twenty-nine, twenty fifteen, at four minutes past nine in the morning.