Stocks in the news 06th Nov 2020

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

  • Reliance Industries Limited in focus as Saudi Arabia Public Investment Fund to invest Rs9,555cr for a 2.04% stake in Reliance Retail Ventures.

  • ITC and Cipla will announce their quarterly results on Friday.

  • Dalmia Bharat reported a higher consolidated profit at Rs232cr in Q2FY21.

  • Adani Green Energy Arm Adani Solar Energy Jodhpur Two has commissioned its 50 MW Solar Power Project as an independent Power Producer for sale of power to third parties or on the Power exchange.

  • Adani Power reported a higher consolidated profit at Rs2,228cr in Q2FY21.

  • Minda Corp to allot 1.19 crore shares on a preferential basis to PHI Capital Trust. The shares will be allotted at a price of Rs 70apiece, aggregating to Rs83cr.

  • Inox Leisure Board approved raising Rs250cr via equity or other securities.

  • JSPL in focus as Sarda Mines can resume operations after paying fine of Rs 5 lakh to Odisha government, which means JSPL can lift iron ore from SMPL post this payment.

  • Cupid to expand its manufacturing base to medical diagnostic test which included Rapid diagnostics tests and ELISA tests for domestic markets and exports.

  • Greaves Cotton: Amit Mittal resigns as CFO from November 5.

  • Berger Paints reported a higher consolidated profit at Rs221cr in Q2FY21.

  • Chambal Fertilisers reported a higher consolidated profit at Rs436.7cr in Q2FY21.

  • Birla Corporation reported a higher consolidated profit at Rs166.6cr in Q2FY21.