Stocks in Focus on April 22: Deepak Fertilisers, Dr Reddy’s to Syngene; here are the 5 newsmakers of the day
Snapping the four-day gains, the domestic stock market on Thursday, April 18, 2019, ended lower as selling in financial shares put pressure on bourses.
Snapping the four-day gains, the domestic stock market on Thursday, April 18, 2019, ended lower as selling in financial shares put pressure on bourses. But, there were certain stocks that came in news after the market was closed for trading and may have an impact on the market today, April 22, 2019, after the market is reopened for trading purposes. Here is the list of five such stocks:
AU Small Finance Bank/ Goa Carbon/ Mahindra Lifespace: These companies will declare their financial results of the fourth quarter and year ended March 31, 2019, today, on April 22, 2019.
Deepak Fertilisers: The company’s board is scheduled to meet today, on April 22, to consider the issue of foreign currency convertible bonds by the company & issue of compulsorily convertible debentures by company's wholly owned subsidiary Smartchem Technologies Ltd.
Lakshmi Vilas Bank: The company’s board will meet today, on April 22, to decide the price of shares issuance.
Dr Reddy’s: USFDA has classified the Srikakulam plant inspection as the Voluntary Action Indicated (VAI). This means that no action will be initiated against the company.
Syngene International Ltd: Board of Directors of the company is scheduled on April 24, 2019, to consider and approved the financial results for the quarter and year ended on March 31, 2019, and to consider and consider a proposal for issue of bonus shares.
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