Stock in Focus on Nov 17; Eicher Motors, ONGC, Biocon & More

  • Stock Market News
Stock in Focus on Nov 17; Eicher Motors, ONGC, Biocon & More
Credit: © Reuters.

By Malvika Gurung -- Eicher Motors (NS: EICH ): The Delhi-based auto company has marked its debut on the Dow Jones Sustainability Index 2021 Emerging Markets category, among 10 global automotive companies to feature on the list for this year. Additionally, EML has ranked 8th in the list of global auto companies for ESG practices.

ONGC (NS: ONGC ): The government has asked the state-owned oil and gas producer to ‘carve out’ non-producing high-potential areas of Mumbai High and Bassein fields for privatisation, not privatise entire fields, as per an ET report.

Biocon (NS: BION ): The biopharma company’s subsidiary Biocon Biologicsand Viatris launched their interchangeable insulin biosimilar in the US market, which includes Semglee, a branded product and an unbranded injection, Insulin Glargine, which is set to control high blood sugar in pediatric patients and adults.

Interglobe Aviation Ltd (NS: INGL ) and Spicejet Ltd (BO: SPJT ): The ministry of aviation has allowed meals to be served on all domestic flights.

Poonawalla Fincorp Ltd (NS: POON ): Rising Sun Holdings Pvt Ltd has acquired a total of 1.24 crore equity shares in the company, priced at Rs 201.5/share, while Microfirm Capital has sold 1.22 crore shares in the company for Rs 201.5/share on the NSE, as per bulk data.

Kirloskar Pneumatic Company Ltd (BO: KIRP ): HDFC (NS: HDFC ) Mutual Fund has sold 5 lakh equity shares in the company, priced at Rs 410.1/share on the BSE, as per bulk deals.

Parag Milk Foods Ltd (NS: PAMF ): Investcorp Infrastructure Fund 1 has got its shareholding in the company reduced to 3.29% from 5.29% by selling 2% of its stake in the company through open market transactions.

Grindwell Norton Ltd (NS: GRNN ): The company has invested Rs 15 lakh in Cleanwin Energy Three LLP towards purchasing power.

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