Domestic markets have been on an upswing for the past three weeks. Today, shares of Adani Ports, Cipla, Prestige Estates, MCX, and Lupin will be in focus due to recent news updates.
Thomas Cook India
Thomas Cook India predicts that travel demand and spending will keep growing steadily for the next four to five years unless an unexpected major event occurs.
SAIL
Steel Authority of India Limited (SAIL), a leading public sector steel company, is introducing flexible and agile work options for its 55,000 employees.
Adani Ports
Adani Ports is set to join the S&P BSE Sensex starting today, while Wipro will exit the 30-stock index as part of a semi-annual update.
Prestige Estates
Prestige Estates’ Board has approved a plan to raise Rs 5,000 crore by issuing equity shares through a qualified institutional placement (QIP).
Lupin
Lupin has received an establishment inspection report (EIR) from the USFDA for its New Jersey manufacturing facility, with a voluntary action indicated.
Cipla
The US FDA has issued six inspectional observations in Form 483 for Cipla’s manufacturing facility in Goa.
MCX
The board of MCX has shortlisted candidates for the position of MD and CEO and will seek regulatory approvals for the appointment.
TVS Motor
TVS Motor has signed an agreement with CSC Grameen eStores to promote its commercial vehicle range, particularly three-wheelers.
