Monday, 10 April 2017

Stocks In The News: Maruti, Kotak Bank, Religare, Divis, Sobha, Cairn, IOC, GMR

NLC India, GMR

-NLC shortlists GMR, Ind-Barath power projects for acquisition

-Shortlisted projects are GMR Group's 1,370MW coal power project in Chhattisgarh

L&T

-Appoints AM Naik as non-executive chairman for 3 years from October 1

-Appoints SN Subrahmanyan as CEO & MD from July 1

Cosmo Films

-Approves setting new production line for specialised polyester films

-New line with capacity of 36,000 mt per year will need investment of Rs 250 crore

Prakash Industries

-Q4 production up 16.7 percent at 1.7 lakh tonne, sales up 19.5 percent at 1.69 lakh tonne

-FY17 production up 13.4 percent at 6.15 lakh tonne, sales up 14.9 percent at 6.10 lakh tonne

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