Stocks in news: Hyundai India, Vedanta, Adani Power, Tata Motors, Aurobindo Pharma
Agencies
US FDA concludes inspection at company’s manufacturing unit at Bachupally, Telangana with 8 observations.
Synopsis
Indian markets remained mostly stable on Friday, with several companies making headlines. Hyundai India will reduce prices following GST reforms, while Adani Power will develop a hydroelectric project in Bhutan. Vedanta's bid for Jaiprakash Associates includes a staggered payment plan, and Tata Motors will pass on GST benefits to commercial vehicle customers.
Markets traded in a narrow range and ended nearly flat on Friday. In today's trade, shares of Hyundai India, Vedanta, Adani Power, Tata Motors, Aurobindo Pharma among others will be in focus due to various news developments.
Britannia expects half of its domestic sales to come from rural markets in the next 3 to 4 years.
Hyundai India
Hyundai Motor India has confirmed that it will pass the benefits of the GST reforms to the customers and announced considerable price cuts across passenger vehicle models
Adani Power
Adani Power announced that it has signed an agreement with the Bhutan government-owned Druk Green Power for developing a 570 MW hydroelectric project in Bhutan.
Vedanta
Mining conglomerate Vedanta in its winning bid for debt-laden Jaiprakash Associates Ltd (JAIL) has offered Rs 4,000 crore payment post approval by NCLT and the balance amount over the next 5-6 years.
Tata Motors
Tata Motors announced that it will pass on the entire benefit of the recent GST rate cut to its commercial vehicle customers.
Aurobindo Pharma
US FDA concludes inspection at company’s manufacturing unit at Bachupally, Telangana with 8 observations.
BPCL
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
ADVERTISEMENT
BritanniaBritannia expects half of its domestic sales to come from rural markets in the next 3 to 4 years.
Hyundai India
Hyundai Motor India has confirmed that it will pass the benefits of the GST reforms to the customers and announced considerable price cuts across passenger vehicle models
Adani Power
Adani Power announced that it has signed an agreement with the Bhutan government-owned Druk Green Power for developing a 570 MW hydroelectric project in Bhutan.
Vedanta
Mining conglomerate Vedanta in its winning bid for debt-laden Jaiprakash Associates Ltd (JAIL) has offered Rs 4,000 crore payment post approval by NCLT and the balance amount over the next 5-6 years.
Tata Motors
Tata Motors announced that it will pass on the entire benefit of the recent GST rate cut to its commercial vehicle customers.
ADVERTISEMENT
Aurobindo Pharma
US FDA concludes inspection at company’s manufacturing unit at Bachupally, Telangana with 8 observations.
Stocks Recommendations
BPCL
ADVERTISEMENT
A committee under the Ministry of Environment and Forest and Climate Change has accorded permission to BPCL to prepare terms of reference (ToR) for its proposed 9 million metric tons per annum (MMTPA) Greenfield Refinery and Petrochemical Complex in Andhra Pradesh.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
(You can now subscribe to our ETMarkets WhatsApp channel)
