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    Stocks in the news: Airtel, NIIT Tech, Dr Reddy's Labs, DLF, BPCL, IDBI Bank and Vodafone Idea

    Synopsis

    Zydus Cadila said it has initiated an accelerated research programme for developing a vaccine for coronavirus.

    Gain---GettyGetty Images
    An inter-ministerial group has approved sale bid documents for privatisation of BPCL.
    NEW DELHI: Nifty futures on the Singapore Exchange traded 6 points, or 0.05 per cent, lower at 12,124.50, indicating a flat start for Dalal Street. Here are a few stocks which may buzz the most in today’s trade:

    Vodafone Idea: The company is currently assessing the AGR dues and will pay this in the next few days, the company said in an exchange filing.

    NIIT Technologies: The company said shareholders have approved its over Rs 337.4 crore buyback plan "by requisite majority".

    Dr Reddy’s Labs: The US health regulator has asked drug major Dr Reddy's Laboratories to initiate voluntary action at its Duvvada facility in Andhra Pradesh.

    DLF: The realty major is looking to raise Rs 2,000 crore through monetisation of certain commercial land parcels to its existing joint venture partners or new partners.

    Oil India: The state-owned company is likely to move the TDSAT this week against the telecom department, seeking about Rs 48,500 crore in past dues on the surplus bandwidth capacity it had leased to third parties, its Chairman and Managing Director Sushil Chandra Mishra has said.

    Bharti Airtel: Telecom operators such as Bharti Airtel and Tata Teleservices are likely to make payment for adjusted gross revenue (AGR) dues on Monday to avoid stringent punitive action from the Telecom Department, according to an official source told PTI.

    DHFL: Promoters Kapil and Dheeraj Wadhawan had used businessman Sudhakar Shetty as a conduit to siphon off at least Rs 3,000 crore of the Rs 12,000 crore they had allegedly moved out of the mortgage lender, people privy to the probe into the matter said.

    ONGC: The state-owned ONGC reported halving of its December quarter net profit after it faced the double whammy of falling oil and gas prices and a drop in production.

    IDBI Bank, LIC Housing: IDBI Bank’s parent firm LIC may expedite the process of merging its housing finance arm, LIC Housing Finance, with IDBI Bank, after the latter posts two consecutive quarters of operating profit

    BPCL: An inter-ministerial group has approved sale bid documents for privatisation of India’s second biggest oil refiner BPCL and a notice seeking bids will be issued after a small group of ministers approves it.

    MMTC: State-owned mining and metals firm MMTC has reported a 62.11 per cent fall in its consolidated net profit to Rs 12.48 crore for the third quarter ended December 31. The company had registered a net profit of Rs 32.94 crore during the October-December quarter of 2018, according to a regulatory filing.

    Tata Steel: The steel maker expecting its capex during the current fiscal to touch the Rs 9,000-crore mark, company sources said. The steel major, however, will take a cautious approach at the capital allocation for the next financial year, they said.

    Unichem Pharma: Drug firms Unichem Pharmaceuticals and Macleods Pharma are recalling various lots of tablets used for treatment of high blood pressure and diabetes from the US market, according to a latest enforcement report of the American health regulator.

    Cadila Healthcare: Pharmaceutical major Zydus Cadila said it has initiated an accelerated research programme with multiple teams in India and Europe for developing a vaccine for coronavirus.

    Lupin: The company has launched Moxifloxacin Ophthalmic Solution USP 0.5 per cent.

    SAIL: The country's largest steel maker Steel Authority of India on Friday reported Rs 343.57 crore consolidated net loss for the third quarter ended December 31, mainly on account of increased expenses. The company had a net profit of Rs 638.79 crore during the same quarter a year ago, the state-run firm said in a BSE filing.

    Insider Buys:
    • HCL Technologies Limited: Kiran Nadar has bought 459,958 shares through Off Market on Feb 11, 2020.
    • HSIL Limited: Somany Impresa Limited (Formerly Paco Exports Limited) has bought 736,038 shares through Market Purchase on Feb 11, 2020.
    • Meghmani Organics Limited: Vaishakhi Dhiren Goyal has bought 91,000 shares through Market Purchase on Feb 12, 2020.
    • Rico Auto Industries Limited: Upasna Kapur has bought 2,466,464 shares through others on Feb 11, 2020.
    Insider Sells:
    • Alkem Laboratories Limited: Nawal Kishore Singh has sold 100,000 shares through Market Sale from Feb 10, 2020 to Feb 12, 2020.
    • AU Small Finance Bank Limited: Namokar Mining Industries LLP has sold 18,296 shares through Market Sale on Feb 12, 2020.
    • Axis Bank Limited: General Insurance Corporation Of India has sold 30,000 shares through Market Sale on Feb 12, 2020.
    • Globus Spirits Limited: M\\\/S Chandbagh Investments Limited has sold 42,334 shares through Market Sale on Feb 12, 2020.
    • Housing Development Finance Corporation Limited: Mistry K M has sold 25,000 shares through Market Sale on Feb 12, 2020.
    • JM Financial Limited: Gitanjali Mirchandani has sold 20,000 shares through Market Sale on Feb 10, 2020.
    • JSW Steel Limited: Jsw Steel Employees Welfare Trust Esop Plan 2016 A\\\/C has sold 16,500 shares through Market Sale on Feb 11, 2020.
    • Pidilite Industries Limited: Panna D Sanghavi has sold 15,000 shares through Market Sale on Feb 12, 2020.
    • RBL Bank Limited: Apurva Mehta has sold 15,000 shares through Market Sale on Feb 11, 2020.
    • RBL Bank Limited: Vincent Valladares has sold 45,000 shares through Market Sale on Feb 11, 2020.
    • RBL Bank Limited: Vishwavir Ahuja has sold 100,000 shares through Market Sale from Feb 11, 2020 to Feb 12, 2020.
    • Somany Ceramics Limited: Anjana Somany has sold 4,337,872 shares through Off Market on Feb 11, 2020.
    • Somany Ceramics Limited: Shreekant Somany has sold 14,417,927 shares through Off Market on Feb 11, 2020.
    • Sonam Clock Limited: Jayesh Shah has sold 45,000 shares through Market Sale on Feb 13, 2020.
    Note: Disclosure made under Reg 13(4), 13(4a) of SEBI (IT) regulations 1992.

    Bulk and Block Deals :
    Blg TickersDateCompany NameAcquirer/SellerBuy /SellQty TradedPrice
    BVCL14-Feb-20Barak Valley Cements LtdBijay Kumar GarodiaSell200,00013.00
    CBPL14-Feb-20Chandra Bhagat Pharma LimitedAnsu InvestmentBuy384,00051.77
    CBPL14-Feb-20Chandra Bhagat Pharma LimitedFalan Trading Co.Buy192,00051.90
    CBPL14-Feb-20Chandra Bhagat Pharma LimitedFalguni Sunny Falguni Sunny SolankiBuy192,00051.80
    CBPL14-Feb-20Chandra Bhagat Pharma LimitedSunny Kantilal Solanki (huf)Buy192,00051.84
    CBPL14-Feb-20Chandra Bhagat Pharma LimitedSunny Kantilal SolankiBuy192,00051.89
    CBPL14-Feb-20Chandra Bhagat Pharma LimitedAnkitkumar Muljibhai SolankiBuy192,00051.70
    CBPL14-Feb-20Chandra Bhagat Pharma LimitedSufal InvestmentBuy192,00051.70
    CBPL14-Feb-20Chandra Bhagat Pharma LimitedJayesh Bhagubhai GandhiSell96,00051.82
    GOAGRO14-Feb-20Godrej Agrovet LimitedGodrej Industries LtdBuy3,220,000538.93
    GOAGRO14-Feb-20Godrej Agrovet LimitedVsciences Investments Pte LtdSell3,784,738539.13
    INDIGRID14-Feb-20India Grid TrustL Ant Employees Welfare Foundation Private LimitedBuy20,707,97496.35
    INDIGRID14-Feb-20India Grid TrustVedanta LimitedSell25,885,81896.35
    INTD14-Feb-20Indian Toners & Developers LtdKaushik Daga .Sell194,49691.66
    PND14-Feb-20Pioneer Distilleries LtdMangal Keshav Capital LimitedBuy115,150144.08
    REFX14-Feb-20Refex Industries LimitedM.c.parikh-hufSell143,00069.80
    SUBX14-Feb-20Subex LtdAnagha Advisors LlpBuy3,319,5435.25
    SCHI14-Feb-20Sudarshan Chemical Industries LtdAxis Mutual FundBuy1,750,000455.00
    SCHI14-Feb-20Sudarshan Chemical Industries LtdKishor Laxminarayan RathiSell1,000,000455.00
    SCHI14-Feb-20Sudarshan Chemical Industries LtdRohit Kishor RathiSell1,000,000455.00
    IDEA14-Feb-20VODAFONE IDEA LIMITEDSkyveil Trade Solutions LlpBuy2,940,0004.12
    Note: Insider Buy/Sell is as defined by SEBI Insider Trading Regulations, 1992 Bulk Deal is defined as any trade in which quantity transacted is more then 0.5 per cent of the companies equity shares listed on the exchanges. The above mentioned data is not completely Extensive as relatively smaller trades have been excluded. (Edelweiss Alternative Research)



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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