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Titan, Tata Motors, Yes Bank and RIL Among Key Stocks in Focus Today

A NSE (National Stock Exchange) building is seen in Mumbai, India, July 11, 2017. (Photo: Reuters/Danish Siddiqui)

A NSE (National Stock Exchange) building is seen in Mumbai, India, July 11, 2017. (Photo: Reuters/Danish Siddiqui)

Titan Co. Ltd shares gained 2.2%, UltraTech Cement Ltd was down 0.4% and Nestle India Ltd shares fell 1.6% after the three stocks were added to the benchmark BSE Sensex from today, i.e. 23 December.

Titan, UltraTech, Nestle India: Titan Co. Ltd shares gained 2.2%, UltraTech Cement Ltd was down 0.4% and Nestle India Ltd shares fell 1.6% after the three stocks were added to the benchmark BSE Sensex from today, i.e. 23 December.

Tata Motors, Vedanta, Yes Bank: Tata Motors was down nearly 1%, Vedanta jumped 2.3% and Yes Bank was up 1.7% after the stocks were removed from the BSE Sensex from today.

RIL: Reliance Industries Ltd (RIL) shares dropped 2.6% after the company mounted a strong counter to the government petition in the Delhi High Court (HC) seeking to block its $15-billion deal with Saudi Aramco, saying the petition is an abuse of process as no arbitration award has fixed any final liability of dues on the company.

Tata Global Beverages: Tata Global Beverages Ltd shares rose 3.3% after the company announced the appointment of Sunil D’Souza as its managing director and CEO.

Britannia: Britannia Industries Ltd shares inched down 0.7% after the company announced redemption of commercial papers of Rs 500 crore issued on 4 April.

Cadila Healthcare: Cadila Healthcare Ltd shares fell 1% after the US FDA issued no observations to the Ahmedabad unit after their inspection on 16-20 December.

NBCC: NBCC (India) Ltd shares gained 1.1% after the company received a letter of intent from HIL (India) to provide project management consultancy services for development of 5.12 acres land parcel.

Indiabulls Real Estate: Indiabulls Real Estate Ltd shares were up 2.8% after the company entered into definitive agreement with Blackstone for divesting entire stake in Mariana Infra.


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