Buying in the last leg of trade in realty, auto, power and metal supported benchmark indices on Tuesday amid volatility. The BSE Sensex closed 45.12 points up at 25,330.49, while NSE Nifty closed 10.65 points up at 7,714.90.
Below are 10 stocks that remained in news today:
Indoco Remedies: Indoco Remedies said it has received an approval from the US Food and Drug Administration (USFDA) for its solid dosages manufacturing facility at Goa. Shares of Indoco Remedies closed 11 per cent up at Rs 296.75. READ MORE
Reliance Defence, Larsen and Toubro, BEML, BEL, Walchandnagar Industries: Defence related stocks remained in limelight on Tuesday. After a delay of several months, the new Defence Procurement Procedure (DPP), focusing on India-made products and fast-tracked acquisition process, was cleared by the top committee of the Defence Ministry. READ MORE
BHEL: State-run BHEL has commissioned another 270 MW unit at Goindwal Sahib coal-fired power project in Punjab. Shares of BHEL closed 4.29 per cent up at Rs 116.75.
SBI: State Bank of India (SBI) has, on March 21, 2016, issued 5,000, Basel III compliant, Tier-ll bonds in the nature of debentures, of face value of Rs 10 lakh each at par, with 10 year tenure, bearing 8.45 per cent per annum coupon payable annually and with call option after 5 years, aggregating to Rs 500 crore on private placement basis. SBI closed 0.38 per cent up at Rs 197.40.
Eros International: Entertainment firm Eros International said an independent internal review of the company by an a US-based law firm has “reinforced confidence in the company’s accounting policy, practices and disclosures”. Shares of Eros International settled 5.06 per cent up at Rs 173.50. READ MORE
Jindal Steel: JSW Energy is in final stages of negotiations with Jindal Steel and Power (JSPL) to buy the latter’s 1,000 MW power plant in Raigarh district of Chhattisgarh for around Rs 5,200 crore. Shares of Jinadal Steel settled 2 per cent up at Rs 61.50.
(With agency inputs)