Key Stocks Under Focus: TVS Motor, NHPC, Tata Power, IDFC & More

By Malvika Gurung
Investing.com -- Lupin (NS: LUPN ): The pharmaceutical company received approval from the US health regulator USFDA for Formoterol Fumarate Inhalation Solution, used to treat Chronic Obstructive Pulmonary Disease (COPD) in adults.
TVS Motor Company (NS: TVSM ): The two-wheeler automaker will acquire a 48% stake in the two-wheeler startup ‘DriveX’ for Rs 85 crore.
Wipro (NS: WIPR ): Wagner Jesus has been appointed as the country head and managing director for the IT giant’s operations in Brazil.
Tata Power (NS: TTPW ): An arm of the company has raised $320 million through SLL for refinancing its debt.
IDFC (NS: IDFC ): The private lender has appointed Mahendra Shah as the MD & CEO of the company for a year, commencing position from Oct 1, subject to the approval of the shareholders.
NHPC (NS: NHPC ): Subsidiary NHPC Renewable Energy has signed an MoU with the Rajasthan Govt to develop ultra mega renewable energy power parks in the state.
PB Fintech (NS: PBFI ): The online insurance company has approved investing Rs 650 crore in Policybazaar to incorporate a new tech company in Abu Dhabi.
Barbeque-Nation Hospitality (NS: BARQ ): The company has received an upgrade in the credit rating by ratings agency ICRA (NS: ICRA ), for bank facilities of Rs 15.5 crore to A and bank facilities of Rs 5 crore to A2+.

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