Reliance Industries, IRCTC, Cadila and other top stocks to watch out for on November 22

Nov 22, 2021

By: Rounak Jain

Credit: BCCL

Reliance Industries

Its deal with Saudi Aramco has been put on hold, with the latter’s investment set to be re-evaluated after RIL announced plans to develop a green energy giga-complex at Jamnagar.

Credit: BCCL

Reliance Industries

RIL and Saudi Aramco had signed a letter of intent in 2019 wherein the latter would acquire up to a 20 percent stake in the Mukesh Ambani-led company.

Credit: Reliance Industries

IRCTC

The railway ministry has announced the resumption of cooked food services in trains.

Credit: IRCTC

Cadila Healthcare

Received US FDA approval to market Decitabine injection used in the treatment of myelodysplastic syndromes, a group of blood and bone marrow cancers.

Credit: Cadila Healthcare

Kesoram Industries

Its board has approved raising ₹2,500 crore via issue of equity, bond and other instruments, to be used towards repaying existing debt and bringing down finance costs.

Credit: Kesoram Industries

Bharti Airtel

Reports suggest that it is re-evaluating its plan to carve out digital and infrastructure businesses from telecom after the government redefined adjusted gross revenue.

Credit: BCCL

HFCL

Bagged purchase orders worth ₹412 crore to supply optical fibre to one of the leading private telecom companies.

Credit: HFCL

ONGC

Signed a Memorandum of Understanding with Saudi Aramco with respect to long-term crude oil, refined petroleum and petrochemical products supply contracts.

Credit: ONGC

Natco Pharma

Launched Tipanat tablet in India which is indicated for the treatment of advanced colorectal and gastric cancer.

Credit: Natco Pharma

Paytm, Sapphire Foods, Vedanta and other top stocks to watch out for on November 18