Top 15 stocks in focus today: Reliance Industries, Hatsun Agro, Jain Irrigation
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- Reliance Industries, BP submit revised investment plan for KG-D6 gas finds.
- Five bidders in fray for 30% stake in Jaiprakash Power.
- TCS says Nielsen extends pact with company for five years.
- Jain irrigation redeems foreign currency convertible bonds of $40 million.
- Xl Group to acquire a 20% minority stake in unit Mahindra Insurance Brokers.
- Snowman Logistics bagged an exclusive deal fro IKEA to manage backend operations of its in-store restaurants business in India. The value of the deal was not known.
- Hatsun Agro Product invests Rs 60 crore to expand its cattle feed production plant in Tamil Nadu.
- Pharma stocks in focus today. A proposed amendment to the four-year-old DPCO aims to bring non-scheduled drugs under price control by changing the pricesetting method, a move that pharmaceutical companies say will be detrimental to the industry's growth and kill competition.
- Federal Bank's net profit soared 31% to Rs 264 crore in the quarter ended September from Rs 201 crore a year earlier, driven by a 25% growth in loans, stable margins and steady asset quality.
- Atlas Cycles (Haryana) has fixed October 31 as record date for Sub division of 1 equity share of Rs.10/- each fully paid up into 2 equity shares of Rs. 5/- each fully paid up.
- Grasim added to the S&P BSE 500 Index.
- Hind Rectifiers trades ex-rights basis.
- Pokarna last trading day before stock split from Rs 10 to Rs 2.
- RBI said Elpro International FII limit of 24% has been breached, no further buying allowed.
- HCL Infosystems to consider rights issue on October 20.
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