Stocks in Focus on Sept 2: Adani Enterprises, Infosys, UPL, KIMS & More

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Stocks in Focus on Sept 2: Adani Enterprises, Infosys, UPL, KIMS & More
Credit: © Reuters.

By Malvika Gurung

Investing.com -- Infosys (NS: INFY ): The IT major is done with the acquisition of the Europe-based BASE life science. This will help the company expand in the Nordic region.

Adani Enterprises (NS: ADEL ): The flagship company of Adani (NS: APSE ) Group will replace Shree Cements (NS: SHCM ) from the benchmark index Nifty50 from Sept 30. 

Aurobindo Pharma (NS: ARBN ): The pharmaceutical company’s wholly-owned arm, CuraTeQ Biologics will invest nearly Rs 300 crore in the capex of biologics manufacturing facilities.

UPL (NS: UPLL ): The agrochemicals company has announced the promotion of Mike Frank as the CEO.

Route Mobile (NS: ROUT ): The company’s promoter Sunita Sandip Gupta has sold 6.75 lakh equity shares at an average price of Rs 1,432.7 apiece on the NSE and 6.25 lakh shares at an average price of Rs 1,431.1 apiece on the BSE.

Krishna Institute of Medical Sciences (NS: KRII ): Emerald Investments has purchased 15.7 lakh shares of the healthcare company at an average of Rs 1,230 apiece, while General Atlantic Singapore KH Pte offloaded 16.6 lakh shares.

Olectra Greentech (NS: OLEC ): The electric mobility company’s board approved a fundraising plan of up to Rs 800 crore via securities issuance.

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