 "Stocks to Watch: IndiGo, Biocon, Pfizer, IEX, TFCI, SAIL, BHEL, Nalco")
The markets are likely start trade on a negative note given the Fitch ratings disappointment and cues from the SGX Nifty. At 08:30 AM, the SGX Nifty November futures were quoted at 17,935 as against the spot Nifty close of 17,999 on Tuesday. Meanwhile, here are the top stocks to focus in trade today.
InterGlobe Aviation (IndiGo): CEO Ronojoy Dutta sounds relieved that the airline is back to flying almost at full capacity. In a Q&A with Business Standard, Dutta said that cash flows for the next two years seems to be rising, and may not need a QIP issue. READ MORE
Biocon: Biocon Biologics and Viatris on Tuesday launched their interchangeable insulin biosimilar in the US market. The launch includes Semglee, which is a branded product, Insulin Glargine, which is an unbranded injection. READ MORE
Pfizer: To allow generic manufacturers to supply its experimental antiviral Covid-19 pill to 95 low- and middle-income countries through a licensing agreement with international public health group Medicines Patent Pool (MPP). READ MORE
Parag Milk Foods: Investcorp Infrastructure Fund has reduced stake by 2 per cent in the company through open market sale, from 5.29 per cent to 3.29 per cent.
Indian Energy Exchange (IEX): Has fixed December 06, 2021, as the record date for the issuance of bonus shares in the 2:1 ratio; i.e. shareholders will get two equity shares of Re 1 each for every 1 share held as per the record date.
Tourism Finance Corporation of India (TFCI): Board to meet on November 22 to consider raising funds through issue of NCDs on a private placement basis.
Grindwell Norton: Has made an investment of Rs 15 lakh in Cleanwin Energy Three towards power purchase.
Apollo Pipes: Has fixed December 04, 2021, as the record date for issuing bonus shares in the ratio 2:1, i.e. two free shares of Rs 10 each for every shareholder holding a share as per the record date.
Stocks in F&O ban: BHEL, Indiabulls Housing Finance, IRCTC, National Aluminium (Nalco), Punjab National Bank, SAIL and Sun Tv are in F&O ban today.
InterGlobe Aviation (IndiGo): CEO Ronojoy Dutta sounds relieved that the airline is back to flying almost at full capacity. In a Q&A with Business Standard, Dutta said that cash flows for the next two years seems to be rising, and may not need a QIP issue. READ MORE
Biocon: Biocon Biologics and Viatris on Tuesday launched their interchangeable insulin biosimilar in the US market. The launch includes Semglee, which is a branded product, Insulin Glargine, which is an unbranded injection. READ MORE
Pfizer: To allow generic manufacturers to supply its experimental antiviral Covid-19 pill to 95 low- and middle-income countries through a licensing agreement with international public health group Medicines Patent Pool (MPP). READ MORE
Parag Milk Foods: Investcorp Infrastructure Fund has reduced stake by 2 per cent in the company through open market sale, from 5.29 per cent to 3.29 per cent.
Indian Energy Exchange (IEX): Has fixed December 06, 2021, as the record date for the issuance of bonus shares in the 2:1 ratio; i.e. shareholders will get two equity shares of Re 1 each for every 1 share held as per the record date.
Tourism Finance Corporation of India (TFCI): Board to meet on November 22 to consider raising funds through issue of NCDs on a private placement basis.
Grindwell Norton: Has made an investment of Rs 15 lakh in Cleanwin Energy Three towards power purchase.
Apollo Pipes: Has fixed December 04, 2021, as the record date for issuing bonus shares in the ratio 2:1, i.e. two free shares of Rs 10 each for every shareholder holding a share as per the record date.
Stocks in F&O ban: BHEL, Indiabulls Housing Finance, IRCTC, National Aluminium (Nalco), Punjab National Bank, SAIL and Sun Tv are in F&O ban today.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%