Check Out the Stocks Today (12-01-2021)

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Dr Reddy’s: Sputnik V meets the primary endpoint of safety in the Phase 2 Clinical Trial in India.

Tata Motors: JLR’s Retail sales for the quarter ending 31 December 2020 were 128,469 vehicles, 13.1% higher than the 113,569 vehicles sold in the preceding quarter, but down 9.0% on the same period last year.

Gail India to consider buyback program and interim dividend in a board meeting scheduled on January 15, 2021.

MFs reduced stake in Emami to 20.41% in the December quarter, from 22.14% in the September quarter, while FIIs increased shareholding to 9.62% from 8.95% in the same periods.

MFs reduced stake in Cummins India to 17.12% in December 2020 quarter, from 18.63% in September quarter. Aditya Birla Sun Life Trustee and L&T Mutual Fund Trustee names did not appear in shareholding pattern for the latest quarter. LIC reduced its stake in the company to 6.12% from 6.74% in December quarter.

Dishman Carbogen: Promoter Adimans Technologies LLP proposes to sell up to 60,71,429 Equity Shares of the Company via offer for sale (OFS) on January 12-13, with an option to additionally sell up to 2.05% shares.

TCS Named a Leader in the IDC MarketScape for Worldwide Manufacturing Intelligence Transformation – Overall and Strategic Consulting.

Force Motors’ board of directors approves raising up to Rs500cr via NCDs.