Coal India, Wipro, Axis Bank among stocks to watch out on June 20

Jun 20, 2022

By: bhakti.makwana@timesinternet.in

Credit: BCCL

Coal India

State-run company plans to diversify into aluminum production, solar power generation and coal gasification as it seeks to decarbonize its operations, according to Mint.

Credit: Alkem Laboratories

Wipro

Doug Hanson has been named the CEO of Wipro's subsidiary, Topcoder after the previous CEO, Mike Morris, quit the company in March.

Credit: Alkem Laboratories

Axis Bank

The bank has appointed Manoj Kohli, the country head of SoftBank India, as an independent director for a tenure of four years.

Credit: Alkem Laboratories

Cipla

The pharma major plans to acquire a 21 percent stake in Achira Labs for ₹25 crore to develop affordable, innovative medical kits in India.

Credit: Alkem Laboratories

Aurobindo Pharma

The company has acquired 51 percent stake in GLS Pharma for ₹28.05 crore, which specializes in oncology.

Credit: Alkem Laboratories

Delta Corp

Deltatech Gaming, a wholly-owned subsidiary of Delta Corp, has filed a draft red herring prospectus (DRHP) with (SEBI) for an initial public offering (IPO).

Credit: Alkem Laboratories

Nazara Technologies

The gaming firm will invest an additional ₹20 crore in its subsidiary Absolute Sports, which runs the sports news website Sportskeeda.

Credit: Alkem Laboratories

Dilip Buildcon

The company’s joint venture company RBL-DBL has been declared lowest bidder for the Surat Metro Rail Project in Gujarat for an order worth ₹1,061 crore.

Credit: Alkem Laboratories

Alkem Laboratories

The company announced that the manufacturing facility at St. Louis, US has received form 483 with three observations from the USFDA.

Credit: Alkem Laboratories

Engineers India

The company has bagged three projects worth ₹80 crore. The three separate projects are in specialized chemicals, sunrise and infrastructure sectors.

Credit: Engineers India

Tata Group cos, ONGC, TechM, Wipro are top losers on Nifty 50 this week