Stocks in Focus on Nov 29: Lupin, BSE, NBCC, Can Fin Homes & More

  • Stock Market News
Stocks in Focus on Nov 29: Lupin, BSE, NBCC, Can Fin Homes & More
Credit: © Reuters.

By Malvika Gurung -- Lupin (NS: LUPN ): The drug major has signed a definitive agreement with its wholly-owned subsidiary in Brazil, MedQuímica for the acquisition of all rights of nine medicines from the subsidiary company of Bausch Health, BL Indústria Ótic.

BSE (NS: BSEL ): Sundararaman Ramamurthy has been appointed as the domestic stock exchange’s Managing Director & Chief Executive Officer.

Can Fin Homes (NS: CNFH ): The top housing finance company announced an interim dividend of Rs 1.5/share of Rs 2 apiece. The record date for determining eligible shareholders has been set as Dec 2, 2022, while the payment will be paid by Dec 26.

NBCC (NS: NBCC ) (India): The Navratna PSU has announced receiving work orders worth Rs 271.6 crore from Amrapali Group.

Life Insurance Corporation Of India (NS: LIFI ): The insurance behemoth has pared its shareholding in the electrical engineering company Bharat Bijlee from 6.7% to 4.5% now.

Five Star Business Finance: The NBFC’s PAT has surged by 22.35% YoY to Rs 144 crore in Q2 FY23, as disbursements rallied a whopping 127% sequentially to Rs 803 crore in the quarter. 

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