Newsmakers: Mirza International, Bajaj Electricals, HCC and Interglobe among top 10 stocks that moved the most on December 10

The shares of the company closed in the green at Rs 129.75 with a gain of 13.72 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 129.45 with a gain of 13.60 per cent. The Board of Directors of the Company is scheduled to meet today to consider and approve the Composite Scheme of Arrangement of RTS Fashions Private Limited, Mirza International Limited and Redtape Limited and their respective shareholders and creditors. RTS Fashions Private Limited is the ultimate holding company of Mirza U.K. Limited. Source: mirza.co.in

The shares of the company closed in the green at Rs 17.42 with a gain of 10.96 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 17.30 with a gain of 10.19 per cent. The creditors have chosen the Darwin Group's bid for the former Hindustan Construction Company (HCC) controlled Lavasa township and are likely to vote on the bid soon. Sources aware of the development exclusively informed Zee Business that the creditors in lieu of dues worth Rs 8,836 crore have opted for a plan of Rs 1,814 crore. Rs 1,466 crore, out of Rs 1,814 crore is the resolution amount. Banks will get Rs 929 crore out of Rs 1466 crore while Rs 250 crore will be invested to complete the project and Rs 440 crore has been fixed for settlement of claims of the home buyers. An amount of Rs 679 crore will be converted into a 6% Rupee term loan and Rs 250 crore has been fixed for secured NCD redemption. Source: hccindia.com

The shares of the company closed in the green at Rs 1,129.95 with a gain of 7.97 per cent as per NSE. As per BSE, the shares of the company closed in the green at Rs 1123.60 with a gain of 7.35 per cent. The Board of Directors of the Company at its meeting held on December 9, 2021, authorised some of the directors and officials of the Company to review the corporate structure of the Company to unlock growth and value creation for all business segments ('Restructuring'). The Board, in the same Meeting, has also approved the formation of a wholly-owned subsidiary of the Company, which could provide a ready vehicle to enable the above Restructuring. Source: bajajelectricals.com

The shares of the company closed in the green at Rs 63 with a gain of 5.26 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 62.85 with a gain of 4.92 per cent. Marksans Pharma Limited has announced UK MHRA approval for Loperamide 2mg Hard Capsules. Source: marksanspharma.com

The shares of the company closed in the green at Rs 181.95 with a gain of 4.99 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 182.30 with a gain of 4.98 per cent.  Algoquant Financials sold 3 lakh shares at Rs 173.24/share. Source: lykalabs.com

The shares of the company closed in the green at Rs 400.75 with a gain of 4.58 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 400.40 with a gain of 4.56 per cent. Fino Payments Bank is a fully-owned subsidiary of Fino Paytech. It had fixed the price band for the issue at Rs 560-577 per share ahead of initial public launch, which was subscribed by over 2 times during the three-day period between October 29 to November 2, 2021. Source: finobank.com

The shares of the company closed in the green at Rs 1,209 with a gain of 3.51 per cent as per NSE. SBI MF bought 15 lakh shares at Rs 1,172/share. India Advantage Fund sold 15 lakh shares at the same price. Source: gocolours.com

The shares of the company closed in the green at Rs 375.90 with a gain of 2.20 per cent as per BSE. Smartchem Technologies Limited (STL), a 100% subsidiary of Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL), has performed a ground-breaking ceremony and foundation stone laying of its Technical Ammonium Nitrate (TAN) complex at Gopalpur Industrial Park on December 9, 2021. The project at Tata Steel Industrial Park, Gopalpur is being built with an investment of Rs 2,200 crore and will have a capacity of 377 KTPA. The plant has the best-in-class technology from Casale, which will ensure that it is the safest plant with the lowest possible emission. The project is expected to be completed by August 2024, 50% of the engineering work is already completed and the piling work will begin from January 2022. Source: dfpcl.com

The shares of the company closed in the red at Rs 1,991.95 with a drop of 1.36 per cent as per NSE. As per BSE, the shares of the company closed inthe  red at Rs 1985.10 with a drop of 1.71 per cent. Directorate General of Civil Aviation has extended the suspension of scheduled international commercial flight operation till 31st of January next year. This ban shall not apply to international cargo operations and flights specifically approved by DGCA. However, international scheduled flights may be allowed on selected routes by the competent authority on case to case basis. Source: IndiGo Twitter

The shares of the company closed in the red at Rs 1326.60 with a drop of 2.12 per cent as per BSE. As per NSE, the shares of the company closed in red at Rs 1,325 with a drop of 2.17 per cent. The Assam government has hiked the excise duty on liquor by 15% to compensate the losses to the state exchequer due to the reduction of value-added tax on petrol and diesel. The new rates will come into effect from December 10, 2021. However, beer and wine prices and cheap brands will remain the same as no additional taxes have been levied on these two beverages. Source: globusspirits.com