Stocks in Focus on December 17: Cipla, Equitas Holdings, NIIT Tech; here are the 5 Newsmakers of the Day
Cipla, Equitas Holdings, Raymond, NIIT Technologies and Apollo Hospital are the stocks that are expected to remain newsmakers throughout the intraday trade session.
Indian stock markets closed in a red on Monday, December 16, 2019. Indices were dragged down by losses in auto, metal and energy indices. However, there were some stocks came in news after the market was closed for trading purposes and can impact the indices when they will reopen on Tuesday, December 17, 2019. Here is a list of five such stocks:
Cipla Ltd: The pharma major, Cipla, on Monday said that it has acquired the brand name and trademark rights of Vysov & Vysov M (Vildagliptin + Metformin) of the anti-diabetic drug, Vildagliptin for the Indian market. The company has been co-marketing Vildagliptin in agreement with Novartis. It is currently available across the country.
See Zee Business Live TV streaming below:
Equitas Holdings: Equitas Small Finance Bank on Monday filed draft red herring prospectus (DRHP) with the capital market regulator SEBI for its proposed initial public offering (IPO). The IPO comprises of a fresh issue aggregating up to Rs550 crore and an offer for sale of up to 8 crore equity shares by Equitas Holdings Limited.
Raymond: Promoter Group on December 12 acquired additional 5.16% stakes of the company through Compulsory Convertible Preference share (CCPS).
NIIT Technologies Ltd: The company on Monday said its board will meet on December 23, 2019, to consider and approve the proposal for Buy-Back of the fully Paid-up Equity Shares of the Company.
Apollo Hospital: Released 7.56% pledged stakes from Catalyst Trusteeship.
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.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Top Gold ETF vs Top Large Cap Mutual Fund 10-year Return Calculator: Which has given higher return on Rs 11 lakh investment; see calculations
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
08:06 AM IST