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Wednesday, May 31, 2023

STOCKS IN ACTION 31 MAY

STOCKS IN ACTION 31 MAY 

HDFC Asset Management Company: Keki Mistry has expressed the desire not to be re-appointed as non-executive director of the company, and will retire after the upcoming AGM on June 26.

Coal India: The company will increase prices of high-grade coal by 8%, applicable across subsidiaries, leading to revenue rising by additional Rs 2,703 crore during the current fiscal.

Mahindra & Mahindra: The company incorporated subsidiary Mahindra Last Mile Mobility to manage its three-wheeler and small commercial vehicle business. The auto major also incorporated a step-down subsidiary Icarus Hybren to run the renewable energy production and distribution business.

Axis Bank: The board appointed former RBI deputy governor NS Vishwanathan as additional director for a period of four years, up to May 29, 2027.

Aurobindo Pharma: The company received tentative new drug application approval from U.S. FDA for HIV drugs Dolutegravir, Entricitabine and Tenofovir Alafenamide tablets.

Sun Pharmaceuticals Industries: The company received approval from China’s National Medical Products Administration for its new drug application of tildrakizumab injection used to treat moderate-to-severe plaque psoriasis.

Lupin: The company entered a strategic collaboration with Enzene Biosciences to launch Cetuximab in India, used in treatment of head and neck cancer.

SonaBLW: Promoter entity Aureus Investment likely to sell upto 3.25% equity of Rs 950 cr at Rs 500/share in SonaBLW

AdaniPorts: Q4 results | Net profit grows 5%, dividend of Rs 5/share declared

KRISHNA INSTITUTE OF MEDICAL SCIENCES Large Trade
GENERAL ATLANTIC SINGAPORE Sold 23,20,449 Shares @ Rs 1600/ Share

KALPATARU POWER TRANSMISSION Large Trade
Promoters Sell 96,34,284 Shares 
ICICI Prudential Mutual Fund Bought 14.95 Lakh Shares

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