Resolution Professional Submits Bhushan Steel Plant To Tribunal — Bhushan Steel’s resolution professional lawyer Gaurab Banerjee informed NCLT that Tata Steel is the highest bidder for Bhushan’s assets.
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Bhansali Engineering Gains On Clearing Dues
Bhansali Engineering Gains On Clearing Dues — Shares of the Mumbai-based ABS and SAN resins manufacturer rose as much as 3.89 percent to Rs 173.45 after it …
Adani Ports Falls After Block Deal
Adani Ports Falls After Block Deal — Shares of the Ahmedabad-based shipping port operator fell as much as 5 percent to Rs 346.85 after 25 lakh shares …
Hindustan Aeronautics Makes Weak Stock Market Debut
Hindustan Aeronautics Makes Weak Stock Market Debut — Shares of the Bangalore-based aerospace and defence products maker made a weak debut on stock exchanges. The stock opened for trading at Rs 1,169, down 5.7 percent from its issue price of Rs 1,240.
Indoco Remedies Falls On Getting 7 Observations From UK MHRA
Indoco Remedies Falls On Getting 7 Observations From UK MHRA — Shares of the Mumbai-based drug maker fell as much as 10 percent to Rs 217.30 after it received seven observations from the UK drug regulator for its manufacturing unit at Verna, Goa.
Persistent Systems Plunges After It Says Revenue May Drop In Q4
Persistent Systems Plunges After It Says Revenue May Drop In Q4 — Shares of the Pune-based IT firm fell as much as 10 percent to Rs 706.25 after it informed exchanges that it is expecting a decline in IP revenues during the current quarter which will impact its EBITDA margin.
Fortis Healthcare Falls After Hospital Deal
Fortis Healthcare Falls After Hospital Deal — Shares of the Delhi-based hospital chain operator fell as much as 10.58 percent to Rs 127.20 after it reached a deal with Manipal Hospitals to demerge its hospital business.