Dr. Reddy’s, Reliance Industries, auto and other top stocks to watch out for on September 6

Sep 6, 2021

By: Rounak Jain

Credit: BCCL

Dr. Reddy's Laboratories

Entered into an agreement with Citius Pharmaceuticals to sell its rights to anti-cancer agent E7777, for a total consideration of $150 million.

Credit: Dr. Reddy's Laboratories

Reliance Industries

Its subsidiary entered into a deal with Strand Life Sciences to acquire a 80.3 percent stake by March 2023, for a total investment of ₹553 crore.

Credit: Reliance Industries

Auto stocks

Reports suggest that the government will announce a production-linked incentive scheme for the auto sector this week.

Credit: BCCL

M&M Financial Services

Its disbursements in August rose 57 percent to ₹2,150 crore year-on-year, while collection efficiency stood at 97 percent.

Credit: M&M Financial Services

NTPC

To seek shareholders’ approval to raise ₹18,000 crore via bonds or debentures.

Credit: NTPC

Barbeque Nation

Raised ₹100 crore through preferential issue of equity shares.

Credit: BCCL

Federal Bank

Expanded its portfolio with the rollout of credit cards in partnership with Visa.

Credit: Federal Bank

Ashoka Buildcon

Bagged an order worth ₹1,570 crore in West Bengal.

Credit: Ashoka Buildcon

Engineers India

Received an order worth ₹1,039 crore from Chennai Petroleum Corporation.

Credit: Engineers India

HFCL

Its board has approved a fundraising of ₹750 crore.

Credit: HFCL

Sensex rallies 8,000 points in over seven months