The Indian market is likely to open flat Tuesday amid mixed global cues. Here are the top 10 buzzing stocks for today:
1. Infosys: The company will make an additional investment of $0.45 million in TidalScale Inc, taking its total investment in the software-defined-server technology startup to $3.45 million.
2. Hero MotoCorp: The company said it retailed over one lakh units on a single day on August 9, its 10th anniversary.
3. Adani Enterprises, Sadbhav Infrastructure Project: Adani Road Transport Ltd (ARTL), a wholly-owned subsidiary of Adani Enterprises will acquire a 49 percent stake of Maharashtra Border Check Post Network Ltd (MBCPNL), a subsidiary of Sadbhav Infrastructure Project, at an Enterprise Value of Rs 1,680 crore.
Adani Enterprises, Sadbhav Infrastructure: Adani Enterprises’ subsidiary will acquire a 49 percent stake in MBCPNL, a subsidiary of Sadbhav Infrastructure for Rs 1,680 crore.
4. Lupin: The company received tentative approval from USFDA for Brivaracetam tablets, which are indicated for the treatment of partial-onset seizures in patients four years of age and older.
5. Suven Life Sciences: The company has announced Phase 3 clinical trial of SUVN-502 (Masupirdine), a 5-HT6 antagonist for the treatment of agitation and aggression in Alzheimer’s type dementias.
6. Coal India: The company will buy new equipment worth over Rs 9,000 crore in FY22.
7. Indiabulls Real Estate: The company has filed an application with NCLT for a merger with Embassy Group entities.
8. Aarti Industries: The company’s board will meet on August 19 to consider the demerger of the pharma business and allied activities into a separate entity.
9. Escorts: The company has announced a leadership transition, including the elevation of Bharat Madan as President Finance, Group Chief Financial Officer and Corporate Head.
10. Star Paper Mills: The company announced the resignation of Sandeep Rastogi as CFO with a notice period of 3 months.