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Stock in Focus: 28th March '2014

3/28/2014 Youth Apps 0 Comments

Focus Stocks for Today 


Titan Industries Ltd: Watch and jewellery maker Titan Co. Ltd will set up its second spectacle-lens manufacturing facility in northern or eastern part of India in the coming fiscal year, said media reports. 

NTPC: The country's largest power producer NTPC has set a target of importing as much as 15 million tonnes of coal in the next financial year (2014-15). 

SBI: State Bank of Indiahas ordered a forensic audit of one of its borrowers which reportedly has a Rs 360-crore liability towards the bank and also happens to be a defaulter on the crisis-hit NSEL. 

Lupin Ltd: Pharma major Lupin Limited has acquired 100% equity stake in Laboratorios Grin, S.A. De C.V. (Grin), Mexico. The acquisition, subject to certain closing conditions, marks Lupin's foray into the high growth Mexican and the larger Latin American pharmaceuticals market, said media reports. 

Cox & Kings Ltd: Travel company Cox & Kings today announced that along with online travel site Ezeego1.com it has formed a marketing alliance with Canada-based G Adventures to offer safe and reliable adventure travel products for Indian travellers. 

Canara Bank: Canara Bank had informed the Exchange that it is coming out with the issaunce of Tier-II Bonds (Series-II) for Rs 1000 crore to augment capital resources. The Bank has now informed the Exchange that the Issue was opened and closed on March 27, 2014. The Bank has successfully raised Rs. 1000 Crore under BASEL-III Complaint Tier-II Bonds (Series-II). 

Infosys Ltd: IT services major Infosys said it signed a three-year contract with Prime Therapeutics to set up a testing centre of excellence ( COE) and consolidate the delivery of its application testing services. 

Godrej Properties Ltd: Realty firm GPL on Thursday said it has entered into a partnership with SSPDL Green Acres LLP to develop a residential project in Chennai. The project will be developed through a profit-sharing model. 

NATCO Pharma Ltd: The Delhi high court has barred the export of generic kidney and liver cancer medication, Sorefenat, manufactured by Natco Pharma Ltd on the plea of German drug major Bayer Corporation, said media reports. 

Suzlon Energy Ltd: Debt-laden wind turbine maker Suzlon Energy Ltd has won approval from shareholders to reappoint managing director Tulsi Tanti and a proposal to raise his annual compensation by 50%, said media reports. 

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