Stocks in Focus on December 14: Cipla, NBCC, Thyrocare, KEC International to Delta Corp; here are the 5 Newsmakers of the Day

Key indices settled with modest gains after hitting a record high level on Friday, December 11, 2020. Trading was volatile amid mixed global cues. The S&P BSE Sensex rose 139.13 points or 0.30 per cent at 46,099.01. The Nifty 50 index gained 35.55 points or 0.26 per cent at 13,513.85. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Monday, December 14, 2020. List of such five stocks:

Cipla: Pharma major Cipla has announced the settlement of its litigation with Celgene Corporation and a wholly-owned subsidiary of Bristol Myers Squibb relating to patents for blood cancer drug REVLIMID (lenalidomide). Now, Cipla will be able to manufacture and sell certain volume-limited amounts of generic lenalidomide in the United States beginning on a confidential date that is some time after March 2022. It will be able to sell the drug in limited volume till January 31, 2026. The company will be able to manufacture and sell an unlimited quantity of generic lenalidomide in the United States beginning from February 1, 2020.

NBCC: State-owned construction firm National Buildings Construction Company (NBCC) will develop projects worth Rs 8,000 crore stranded with realtors, sources informed Zee Business. It will develop Hemisphere Properties. The company is in talks with JP Infra to develop the project.

Thyrocare / Metropolis / Dr Lal: RT PCR test prices may see a drop in Maharashtra from Rs 980 per test to Rs 700 per test, Zee Business exclusive.

KEC International + Delta Corp

KEC International: KEC International Ltd. has secured new orders of Rs 1,438 crore across its various businesses, namely railway, civil, transmission and distribution.

Delta Crop: Received approval for setting up of an integrated resort consisting of hotels, convention centre, multiplex cinema, retail area, electronic casino, water park and other facilities at Pernem, Goa from the Goa Investment Promotion and Facilitation Board.

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eClerx Services: Buys 100% stakes in a US-based Eclipse Global Holdings, a company based in Texas, through its wholly-owned subsidiary eClerx LLC, USA at $3.4 crore