Newsmakers: Vodafone Idea, Devyani International, Asian Paints and La Opala among top 10 stocks that moved the most on December 9

The shares of the company closed in the green at Rs 16.50 with a gain of 15.38 per cent as per NSE. As per BSE, the shares of the company closed in the green at Rs 16.43 with a gain of 14.98 per cent. The telecom in its clarification to the news item published in a national daily on getting back the bank guarantees from DoT said it has not received any bank guarantees from DoT. It added that the reform package announced by the government on September 15, 2021, reads "there are no requirements for multiple Bank Guarantees (BGs) in different Licenced Service Areas (LSAs) regions in the country. Instead, One BG will be enough." Source: Vi Customer Care Twitter

The shares of the company closed in the green at Rs 184.45 with a gain of 5.01 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 184.25 with a gain of 4.84 per cent. An operator of KFC and Pizza Hut joints, Devyani International had started its stock market journey on August 16, 2021, with a nearly 56 per cent higher premium of Rs 141 per share on the bourses. In the September-end quarter, Devyani International had posted strong earnings with a consolidated profit of Rs 46.6 crore, as against a net loss of Rs 65.5 crore in the same period a year ago. While its revenue from operations came at 124 per cent higher year-on-year (YoY) to Rs 516 crore in Q2FY22. Source: dil-rjcorp.com

The shares of the company closed in the green at Rs 609.35 with a gain of 3.67 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 609 with a gain of 3.64 per cent. The Board of Directors of the Company in its meeting scheduled on December 14, 2021, will consider the proposal of payment of ''Interim Dividend'', if any, for the financial year 2021-22 and to fix ''Record date'' for payment of Interim Dividend. Source: Can Fin Homes Twitter

The shares of the company closed in the green at Rs 123.35 with a gain of 3.52 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 123.35 with a gain of 3.52 per cent. RailTel Corporation of India Ltd. has received a work order from M/s. Ircon International Limited for Design, Supply, Installation, Testing & Commissioning of Tunnel communication system consisting of Emergency Call & Service Telephone, CCTV, Tunnel Radio and PA system in Tunnel Environment on Dharam - Banihal section of Jammu Kashmir Rail Link Project under Ferozepur division of Northern Railway at a total cost of Rs 210.77 Crore (Inclusive of GST). The entire work is to be completed in 12 months. Source: Railtel Twitter

The shares of the company closed in the green at Rs 3178.60 with a gain of 2.23 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 3,177 with a gain of 2.20 per cent. The company in its reply to InGovern’ s Report has said that the report published by InGovern, a corporate governance advisory firm, appears to be based on incorrect facts and premise-based on hearsay rather than any serious investigation. We believe the following narrative will help build a clear and distinct picture of the robust and rigorous process followed by the Company while dealing with related parties. We specifically, refute all the allegations made by InGovern in this Report relating to the Company and its practices with all the emphasis at our command. It added, Total purchases by Asian Paints Limited from Paladin amounted to only Rs.1.3 crores, that is 0. 2% and not 7% as reported. The report makes it clear that InGovern does not have adequate facts or data of the practices followed by the Audit Committee/Board of the Company for approval of related party transactions. Source: Asian Paints Twitter

The shares of the company closed in the green at Rs 348.85 with a gain of 2.06 per cent as per NSE. As per BSE, the shares of the company closed in the green at Rs 348.50 with a gain of 1.95 per cent. The Board of Directors of the Company in its meeting scheduled on December 11, 2021, will consider and approve Second Interim Dividend on equity shares, if any, for the Financial Year 2021-22. The record date to determine the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Saturday, December 18, 2021. Source: vadantalimited.com

The shares of the company closed in green at Rs 3,563 with a gain of 1.20 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 3561 with a gain of 0.87 per cent. The generic injectable focused pharmaceutical company on Wednesday received tentative approval from the United States Food and Drug Administration (US FDA) for Cangrelor for Injection, 50 mg/vial Single-Dose Vials. Gland Pharma believes that we are amongst one of the first to file for this product and may be eligible for 180 days of generic drug exclusivity. Gland Pharma will launch the product with its marketing partner on receipt of final approval. Cangrelor is used during the percutaneous coronary intervention (PCI) for reducing the risk of heart attacks. Source: glandpharma.com

The shares of the company closed in the green at Rs 727.60 with a gain of 0.55 per cent as per BSE. As per NSE, the shares of the company closed in the red at Rs 721 with a drop of 0.30 per cent. Drugmaker Eris Lifesciences had said that it has formed a joint venture with Mumbai-based MJ Biopharm Private Limited for expansion of product portfolio to offer biotherapeutic options to the patients in the cardio-metabolic segment. Under the 70:30 joint venture, Eris will hold a 70% stake while the remaining 30% stakes will stay with MJ Biopharm. Eris now bridges an important gap in its diabetes care portfolio through the joint venture with MJ Biopharm. Source: eris.co.in

The shares of the company closed in the red at Rs 113.45 with a drop of 0.66 per cent as per NSE. As per BSE, the shares of the company closed in the red at Rs 113.25 with a drop of 0.79 per cent. PTC India Financial Services Limited (PFS) has announced that it shall receive its share of around Rs 125 Crore as part of the total resolution amount from one of its stressed loan accounts in the thermal segment namely the 2x600 MW coal power plant located at Cuddalore District in Tamil Nadu. The instant project has been implemented by IL&FS Tamil Nadu Power Company Ltd. (ITPCL). PFS had sanctioned a total loan of Rs. 200 crores under consortium arrangement to ITPCL for implementing the instant project. Source: ptcfinancial.com

The shares of the company closed in the red at Rs 425.70 with a drop of 3.28 per cent as per BSE. As per NSE, the shares of the company closed in the  red at Rs 420.20 with a drop of 4.20 per cent. LA Opala has broken out 5years of consolidation and then witnessed strong positive momentum. In the long term, this counter may head towards 750-1000 levels. Momentum indicators are overbought in the near term that may lead to some consolidation or minor correction, but the correction will provide a buying opportunity. On the downside, 385-370 will be the first demand zone while 350-325 will be the next strong support area. Source: laopala.in