Last Updated: November 20, 2023, 08:41 IST
Stocks To Watch On November 20: GIFT Nifty on the NSE IX traded 12 factors, or 0.06 per cent, decrease at 19,807.5, signaling that Dalal Street was headed for muted begin on Monday. Here’s a slew of shares that will probably be in focus at this time for numerous causes.
Bharti Airtel: The Department of Telecommunications, Hyderabad has imposed a penalty of Rs 107,000 for alleged violation of subscriber verification norms.
Dixon Technologies: The firm has dedicated a cumulative manufacturing worth of Rs 48,000 crore in six years and has been declared eligible beneath the reworked PLI scheme for IT merchandise.
SBI Card: The firm mentioned that its capital adequacy ratio is predicted to decline by 4 per cent due to the Reserve Bank of India’s newest transfer on tightening shopper mortgage norms.
Larsen & Toubro: Qatar’s General Tax Authority has fined the corporate Rs 111.3 crore for 2016-2017 and ₹Rs 127.6 crore for 2017-2018. The firm has filed an attraction, calling the fines arbitrary and unjustified.
Bajaj Finance: The NBFC mentioned it has quickly stopped issuing member identification playing cards (EMI Cards) to new clients following RBI’s ban on two of its digital lending merchandise.
Cipla: The firm has obtained a warning letter from the US FDA for the Good Manufacturing Practices (cGMP) inspection held between Feb 6-17, 2023 on the Pithampur (Indore) facility.
The letter summarizes contraventions concerning strategies, which don’t conform to the prescribed cGMP laws and incorporates directional steerage for essential corrections.
Dabur: Dabur is planning to arrange a brand new manufacturing facility in South India in lower than a 12 months’s time, as its enterprise scales within the area, in accordance to the corporate’s CEO Mohit Malhotra.
Exide Industries: Exide Industries has settled its trademark dispute with the UK’s Vertiv Company Group and India’s Vertiv Energy. The two have agreed that the trademark Chloride and its variants in India are registered by Exide.
Aurobindo Pharma: The US FDA has concluded a pre-approval inspection of Unit-I & III of Aurobindo Pharma subsidiary APL Healthcare’s formulation facility in Telangana with zero observations. The inspection was closed with “no action indicated”.
Kalyan Jewellers: Its arm Kalyan Jewellers FZE acquired the remaining 30 per cent stake in Kalyan Jewellers LLC Oman on Thursday. Kalyan Jewellers LLC Oman is now a completely owned subsidiary of Kalyan Jewellers FZE.
IndusInd Bank: The RBI has accredited the appointment of Arun Khurana because the whole-time government director of IndusInd Bank for a three-year time period, efficient from Nov 16, 2023.
Ashok Leyland: The firm has obtained bookings of 10,000 battery-driven mild vans and has unveiled the 2 new e-LCVs in Chennai.
Dalmia Bharat Sugar: The firm mentioned Farmer’s Sangathan Agitation has led to operational disruptions at its Kolhapur and Ninaidevi models in Maharashtra.
Zen Technologies: The firm has obtained an export order valued at almost Rs 42 crore.
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