Stocks in Focus on Sept 30: Hero Moto, Lupin, PNB, Deepak Nitrite & More

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Stocks in Focus on Sept 30: Hero Moto, Lupin, PNB, Deepak Nitrite & More
Credit: © Reuters.

By Malvika Gurung -- Hero MotoCorp (NS: HROM ): The two-wheeler auto giant is finalising a collaboration with the US-based Zero Motorcycles and will invest almost Rs 490 crore for jointly developing electric motorcycles.

Indian Oil (NS: IOC ): The state-owned oil refiner’s board has approved setting up a subsidiary, Finance Company, for pooling the funds of its foreign units to meet capital and trade finance requirements. 

Lupin (NS: LUPN ): The US health regulator USFDA has approved the pharma major’s ANDA, Mirabegron extended-release tablets to be sold in the US. Further, it has received a warning letter for its Tarapur-based facility from the regulator. 

Rail Vikas Nigam (NS: RAIV ): The state-owned railway company has bagged an order from NHAI for the construction of a four-lane highway from Samarlakota to Achampeta Junction for Rs 408 crore.

Deepak Nitrite (NS: DPNT ), LIC: The insurance behemoth has increased its stakeholding in the chemical company to 5.028% from 4.977%.

Punjab National Bank (NS: PNBK ): The state-owned lender will dump its entire shareholding of 10.01% in ARCIL.

Bajaj Electricals (NS: BJEL ): The consumer electrical equipment manufacturer has won an order from PowerGrid Corp for supplying goods/services under the ‘Transmission line Tower Package TW04’.

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  • Girish Kandhari @Girish Kandhari
    Copying from others , nothing new!
    Like 0

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