06/12/2021
*Stocks in News*
*Eris Life:* Enters A JV with MJ Biopharm. The JV marks the foray of Eris into the field of Biopharmaceuticals (Positive)
*Lupin:* Announces exclusive distribution and marketing agreement with Biomm SA in Brazil (Positive)
*NMDC:* Announces Interim Dividend of Rs 9.01/ Share (Positive)
*IPL:* Care Ratings revises company’s rating from CARE A Stable to CARE A+ Stable (Positive)
*Tech Mahindra:* To acquire 100% equity shares in Activus for $ 62 Mn including earnouts. (Positive)
*Kopran:* To consider issue of Equity Shares on Preferential basis to Promoter, Promoter Group and Others. (Positive)
*Onmobile:* Incorporates a new wholly owned subsidiary named ‘OnMobile South Africa Technologies (Pty) Limited’ (Positive)
*Carborundum:* WoS CUMI International enters agreement to acquire an existing company in Germany (Positive)
*Healthcare Stocks:* International passengers can now pre-book RTPCR tests at Delhi Airport (Positive)
*Jubilant Ingrevia:* The company approved the buyback of 1,000, 7.90 percent secured rated listed redeemable non-convertible debentures of Rs 10,00,000 each aggregating to Rs 100 crore (Positive)
*ABB India:* The company completed the sale of the Dodge Business to Dodge Industrial India, an affiliate of RBC Bearings Incorporated (Positive)
*Ugar Sugar Works:* Labour Union at Ugar Khurd unit has withdrawn their strike. (Positive)
*Karda Constructions:* Societe Generale acquired 36 lakh equity shares in the company at Rs 16.65 per share on the NSE (Positive)
*Sona BLW:* India Ratings & Research has upgraded the company's long-term issuer rating to 'AA' from 'AA-' and the outlook is stable. (Positive)
*Nagarjuna Fertilizers:* The company has restarted urea production in Plant - I from December 1. (Positive)
*Centrum Capital:* JBCG Advisory Services released a pledge on company's 40 lakh equity shares (Neutral)
*TeamLease:* The company sold 100 percent shareholding in subsidiary IIJT Education. (Neutral)
*Punjab Alkalies:* The company approved sub-division of each equity share of face value of Rs 10 each into 5 equity shares of face value of Rs 2 each (Neutral)
*Kirloskar Oil:* Nalanda Fund 20,21,814 Shares at Rs 184.88/ Share. (Negative)
*Persistent:* HDFC Mutual Fund Reduces Stake Sold 15.76 Lakh Shares or 2.06% Equity. (Negative)
*Aarti Industries:* HDFC Asset Management Company sold 1,74,221 equity shares in the company via open market transactions on November 30. (Negative)
