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Astral Poly Technik Ltd:
Astral Poly Technik Ltd., CPVC piping and plumbing systems maker, will be in focus after global brokerage house CLSA initiated coverage on Astral Poly with 'Buy' rating with a target price of Rs 545.
Cadila Healthcare Ltd:
Cadila Healthcare Ltd., a drugmaker, will be in focus after it said that it has finalised a pact with Supernus Pharmaceuticals to settle patent litigation regarding Trokendi XR extended-release capsules, used for treatment of seizures.
DB Corp Ltd:
DB Corp Ltd., India's largest newspaper group, will be in focus after said it is consolidating promoter and promoter group holding in the company through inter-se transfers between various members. "The persons from whom the shares of DB Corp are intended to be acquired forms part of the Promoter/Promoter Group of DB Corp," DB Corp said in multiple filings to the stock exchanges.
Gujarat Fluorochemicals Ltd:
Gujarat Fluorochemicals Ltd., India's largest producer of chloromethanes, refrigerants and PTFE, will be in focus after it said that its subsidiary signed agreement with Leap Green Energy and certain subsidiary of Leap Green to sell substantially all of the wind energy-based power project.
Hero MotoCorp Ltd:
Hero MotoCorp Ltd., the India's largest two-wheeler maker, will be in focus after it declared an interim dividend of Rs 55 per equity share for the current financial year.
Infosys Ltd:
Infosys Ltd., India's second biggest software services exporter, will be in focus after it announced that its subsidiary EdgeVerve Systems is selected for Finacle suite of solutions to power the bank's operations in Algeria.
Jaiprakash Power Ventures Ltd:
Jaiprakash Power Ventures Ltd., a subsidiary of Jaypee group, will be in focus after Brookfield Asset Management, the world's second biggest alternative assets manager, is in talks with lenders of debt-laden Jaiprakash Power Ventures to acquire the firm's three power plants, two people with direct knowledge of the development said.
Mahanagar Telephone Nigam Ltd:
Mahanagar Telephone Nigam Ltd (MTNL), a state-owned telecom service provider, will be in focus after a hiatus of few years, the proposal to merge BSNL and MTNL is back on the discussion table with top officials at the telecom department once again 'brainstorming' on various options before the two loss-making, state-owned entities.
Reliance Capital Ltd:
Reliance Capital Ltd., a subsidiary of Reliance Group, will be in focus after it has sold its nearly 1% stake in popular digital payments firm Paytm for Rs 2.75 billion to China's Alibaba Group in a deal reaping huge gains for the Anil Ambani-led group firm.
Tata Motors Ltd:
Tata Motors Ltd., the maker of Nano & Jaguar Land Rover, will be in focus after Jaguar Land Rover unveiled its new Range Rover Velar and Jaguar I-PACE Concept at the Geneva Motor Show. It also displayed its 'Project Hero' -- a bespoke humanitarian version of the Land Rover Discovery.
Tata Steel Ltd:
Tata Steel Ltd., India's biggest producer of metals, will be in focus after its UK unit said it will close the British Steel Pension Scheme to future accrual from March 31 and employees will get a new contributory scheme for their retirement savings thereafter.
Wockhardt Ltd:
Wockhardt Ltd., a drugmaker, will be in focus after it said the Health Products Regulatory Authority of Ireland has given nod to the renewal of certificate for its Aurangabad facility.
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