Check out the stocks before you trade [13-11-2020]

  • Eicher Motors reported a lower profit at Rs343.3cr in Q2FY21 against Rs572.7cr; revenue declined to Rs2,133.6cr.

  • Reliance Industries entered into agreement to make a capital contribution of $50 million in Breakthrough Energy Ventures.

  • Dr. Reddy’s Laboratories announced the launch of Succinylcholine Chloride Injection in the U.S. market.

  • ONGC and Tata Steel are set to announce their quarterly financial results on Friday.

  • Rakesh Jhunjhunwala’s Rare Enterprises picks up 1.1% stake in Indiabulls Real Estate.

  • Mahanagar Gas reported a profit at Rs144.3cr in Q2FY21.

  • Sun TV Network reported a lower profit at Rs335.1cr in Q2FY21.

  • Grasim Industries reported a standalone profit at Rs360.2cr in Q2FY21. The board approved the sale of fertiliser operations to Indorama for Rs2,650cr.

  • PNC Infratech says CARE Ratings upgraded long-term banking facilities worth Rs1,700cr to CARE AA from CARE AA-, with outlook remaining stable.

  • Future Lifestyle Fashions says CRISIL downgraded long-term bank facilities and NCDs to CRISIL B from CRISIL BB, with rating watch with negative implications remaining unchanged due to delay in servicing of interest and principal due on November on the company’s NCDs.

  • Camlin Fine Sciences board has approved setting up of an additional plant at Dahej with production capacity of 6,000 metric ton for manufacturing of ethyl vanillin and allied products for Rs135cr.

  • Infibeam Avenues to acquire 33.3% stake in So Hum Bharat Digital Payments for Rs18cr. Navin Surya and Vishwas Patel, executive director at Infibeam Avenues, set up So Hum Bharat Digital Payments to explore a new umbrella entity license.

  • NHAI accepts arbitration award amounting to Rs44cr for the Sadbhav Infra Projects unit Dhule Palesner Tollway.

  • Varroc Engineering says NCLT Mumbai approves amalgamation of Varroc Lighting Systems with the company.

  • RBL Bank board approved allotment of 8.85 crore shares on a preferential basis at Rs177 per share aggregating to Rs1,566cr.

  • NBCC gets work contracts worth Rs905cr for development of Bharat Vandana Park and IIM Vishakapatnam.

  • CG Consumer Electricals says Aditya Birla Sun Life Mutual Fund increased stake to 5.23% from 4.63% on November 10.

  • Inox Leisure closed QIP issue on November 12. The Board has approved the issue price of Rs255 per share, which is a 3% discount to the QIP floor price.