Top 5 stocks in focus on August 21: HCL Technologies, Reliance Infrastructure to FDC Ltd, here are the 5 newsmakers of the day
The domestic stock markets on Monday closed in a green and the two benchmark indices ended at new highs. But there were certain stocks that came in the news after the market was closed and these can impact the market during the trading session on Tuesday, .i.e. on August 21, 2018.
The domestic stock markets on Monday closed in a green and the two benchmark indices ended at new highs. But there were certain stocks that came in the news after the market was closed and these can impact the market during the trading session on Tuesday, .i.e. on August 21, 2018. Here is the list of five stocks:
HCL Technologies: The software company has said that its shareholders have approved the proposal to buyback shares worth Rs 4,000 crore at a price of Rs 1,100 per equity share. HCL Technologies in a BSE filing has said 99.59 per cent shareholders had voted in favour of the proposal. The board has fixed August 31, 2018, as the record date for the buyback offer.
Reliance Infrastructure/Reliance Naval: Reliance Group has clarified Rahul Gandhi's allegation over Rafale Deal. The group on Monday has said that its chairman Anil Ambani has written to Congress President Rahul Gandhi on the Rafale fighter jet deal saying his party has been misinformed and misled and informed him that not a single component worth a single rupee is to be manufactured by his group for the 36 Rafale jets India is buying from France.
Telecom Shares: TRAI report of June 2018 has said that the telecom subscribers base in India has reached 116.8 crores at the end of the quarter. In its report, the regulator has said that Reliance Jio has added the highest number of new customers to its network. Jio which added 97 lakh new connections during the month was followed by Idea Cellular's 63 lakh new connections, Vodafone's 1.75 lakh, BSNL's 2.44 lakh and Airtel's 10,689 customers.
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Goa Carbon: The company has approached the Supreme Court expressing its concern over lower output after the government put a ban on the import of petcoke.
FDC Ltd: The USFDA has issued Form 483 to its Aurangabad unit pertaining to the ophthalmic products being exported to the US. The company has received eight observations for which appropriate response shall be submitted by the Company.
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