Stocks in Focus on December 29: Balmer Lawrie, Biocon, Cochin Shipyard, TVS Motor to Rupa & Company; here are the 5 Newsmakers of the Day
Domestic equity benchmarks ended near the days high on Monday, December 28, 2020, supported by positive global cues. The S&P BSE Sensex rose 380.21 points or 0.81% to 47,353.75. The Nifty 50 index added 123.95 points or 0.90% to 13,873.20. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Tuesday
Domestic equity benchmarks ended near the day's high on Monday, December 28, 2020, supported by positive global cues. The S&P BSE Sensex rose 380.21 points or 0.81% to 47,353.75. The Nifty 50 index added 123.95 points or 0.90% to 13,873.20. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Tuesday, December 29, 2020. List of such five stocks:
Balmer Lawrie/Balmer Lawrie Investment: Group of Ministers is scheduled to meet today to discuss divestment of Balmer Lawrie, Zee Biz Exclusive. The government seeks to sell entire stake in the company and valuation of Balmer Lawrie Investment is expected at Rs 1,000 crore.
See Zee Business Live TV Streaming Below:
Biocon: Biotechnology major Biocon on Monday said it has launched Tacrolimus capsules, an immunosuppressant, in the US market. Tacrolimus is used in the treatment of organ transplant patients. The drug reduces the body's ability to reject a transplanted organ.
Cochin Shipyard: Board of Directors is scheduled to meet on January 4, 2021, to consider the declaration of an interim dividend to the shareholders of the company for the financial year 2020-21.
TVS Motor Company: Announced on Monday that it has introduced the 2021 version of its TVS Apache RTR 160 4V motorcycle model in Bangladesh. The motorcycle is equipped with Bluetooth enabled TVS SmartXonnect.
Rupa & Company: Abakkus Emerging Opportunities Fund-1 has bought 12 lakh shares (1.51%) at Rs 250.5 per share. Suvichar Advisors LLP has sold 12.99 lakh shares (1.63%) at Rs 250.55 per share.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.