Wipro, Colgate, Lupin among hot stocks to watch out for on March 11

Mar 11, 2022

By: bhakti.makwana@timesinternet.in

Credit: BCCL

Wipro

The company has partnered with Pandorum Technologies, a biotechnology company working in the field of tissue engineering and regenerative medicine.

Credit: BCCL

Future Consumer

Kishore Biyani-led Future Group company announced it has decided to terminate a joint venture with New Zealand's dairy firm Fonterra Future Dairy.

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Colgate-Palmolive

The company has appointed former Hindustan Unilever executive Prabha Narasimhan as its managing director and chief executive officer replacing Ram Raghavan.

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Exide Industries

The company has entered into a long-term technical collaboration with SVOLT Energy Technology (China) for lithium-ion cell manufacturing.

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Century Textiles and Industries

Birla Estates, the real estate company owned by Century Textiles and Industries, announced it has recorded a sales booking of ₹1,000 crore in its flagship project Birla Niyaara in Worli area of Mumbai.

Credit: BCCL

Jindal Steel and Power

The company’s steel sales in February 2022 went up 8 percent year-on-year to 5.90 lakh tonnes compared to 5.47 lakh tonnes in the same period prior year. It also announced an interim dividend of ₹1 per equity share for FY22.

Credit: BCCL

Lupin

Lupin Diagnostics has launched its first reference laboratory in East India, in Kolkata, with plans to set up in West Bengal, Assam, Bihar, Jharkhand and Orissa.

Credit: BCCL

Britannia

LIC has reportedly acquired 1.2 lakh shares in the company via open market transactions. Now, LIC’s stake in the company stands at 5.02 percent.

Credit: BCCL

Shipping Corporation of India

LIC reportedly sold 2 percent stake in the firm through open market transactions.

Credit: BCCL

HUL, Future Retail, Dr Reddy’s, Bharti Airtel among stocks to watch out for on March 10