Stocks in the news: Grasim, JSW Steel, Ashok Leyland, Sun TV and Page Industries

NEW DELHI: Nifty futures on the Singapore Exchange were trading 64 points, or 0.55 per cent, higher at 11,743, indicating a gap-up start for the Nifty50. Here are a few stocks which may buzz the most in today’s trade:

Grasim, JSW Steel, ALL: Grasim Industries, JSW Steel, Ashok Leyland, IDFC, IGL, Page Industries, AstraZeneca Pharma, Bata India, Dish TV, Fortis Healthcare, HUDCO, Coffee Day Enterprises are a few companies which will announce March quarter earnings today.

Sun TV: South-based broadcaster Sun TV Network Ltd Thursday reported a decline of 2.30 per cent in its standalone profit after tax to Rs 283.07 crore for the fourth quarter ended March 2019.

GIC Re: State-run reinsurer General Insurance Corporation of India (GIC Re) Thursday posted a 20 per cent decline in net profit at Rs 603.37 crore for the March quarter due to higher provisioning related to tax and exposure towards IL&FS.

Eros International: Media and entertainment firm Eros International Media reported a 14.21 per cent rise in its consolidated net profit at Rs 67.03 crore for the quarter ended March 2019.

MOIL: State-owned MOIL said it targets a manganese ore production of 14.75 lakh tonne and a capital expenditure of Rs 210 crore in the current financial year For these targets, the public sector undertaking has inked a pact with the Ministry of Steel, MOIL said in a filing to the BSE.

Mindtree: Infrastructure major Larsen and Toubro (L&T) on Thursday acquired over 4.5 lakh shares of Mindtree from open market, taking its shareholding in the IT services firm to 26.93 per cent, according to a regulatory filing.

Cipla: The drug firm said it has signed an agreement to acquire 26 per cent stake on a fully diluted basis in AMPSolar Power Systems Pvt Ltd for a cash consideration of up to Rs 12.90 crore.

Reliance Capital: The company will exit the mutual funds business by selling its stake in Reliance Nippon Life Asset Management Ltd (RNAM) to its joint venture partner Japan's Nippon Life Insurance.

Novartis India: The drug firm reported 26.21 per cent decline in net profit at Rs 19.53 crore for the quarter ended March 31, 2019.

Adani Ports and Special Economic Zone: The company will set up its first container terminal outside India in Myanmar at an estimated cost of $290 million (over Rs 2,000 crore).

Board meetings (FULL LIST)

Insider Buys:

• Biocon Limited: Biocon India Limited Employee Welfare Trust has bought 38,000 shares through Market Purchase on May 21, 2019.
• Dr. Reddy's Laboratories Limited: Dr. Reddy'S Employees Esos Trust has bought 179,124 shares through Market Purchase from May 20, 2019 to May 22, 2019.
• Jubilant Life Sciences Limited: Miller Holdings Pte Ltd has bought 770,445 shares through Market Purchase on May 21, 2019.
• LT Foods Limited: Raghuvesh Holdings Private Limitedr has bought 35,000 shares through Market Purchase on May 22, 2019.
• Mangalam Cement Limited: Vidula Consultancy Services Limited has bought 758,870 shares through Market Purchase on May 17, 2019.
• Mangalam Timber Products Limited: Vidula Consultancy Services Ltd has bought 1,072,219 shares through Market Purchase on May 17, 2019.
• Prime Securities Limited: N. Jayakumar (Along With Persons Acting In Concert) has bought 37,500 shares through Market Purchase from May 21, 2019 to May 22, 2019.

Insider Sells:

• Aavas Financiers Limited: Vivek Vig has sold 65,144 shares through Market Sale from May 17, 2019 to May 21, 2019.
• Axis Bank Limited: Life Insurance Corporation Of India has sold 124,731 shares through Market Sale from May 15, 2019 to May 21, 2019.
• Axis Bank Limited: Shashi Kant Rathi has sold 40,000 shares through Market Sale on May 21, 2019.
• Firstsource Solutions Limited: Mr. Rajesh Subramaniam has sold 171,720 shares through Market Sale from May 20, 2019 to May 21, 2019.
• Housing Development Finance Corporation Limited: Mistry K M has sold 47,268 shares through Market Sale from May 21, 2019 to May 22, 2019.
• Housing Development Finance Corporation Limited: Rangan Srinivasa V has sold 25,000 shares through Market Sale on May 20, 2019.
• ICICI Bank Limited: G.Srinivas has sold 29,500 shares through Market Sale on May 21, 2019.
• ICICI Bank Limited: Sanjeev Mantri has sold 25,000 shares through Market Sale on May 21, 2019.
• ICICI Bank Limited: Shailendra Jhingan has sold 45,458 shares through Market Sale on May 20, 2019.
• ICICI Bank Limited: Sujit Ganguly has sold 25,000 shares through Market Sale on May 20, 2019.
• ITC Limited: Anand P. Janardanan has sold 25,000 shares through Market Sale on May 17, 2019.
• ITC Limited: D.V.R. Rajiv Mohan has sold 18,800 shares through Market Sale on May 20, 2019.
• ITC Limited: K. Nirmal Reddy has sold 150,000 shares through Market Sale on May 20, 2019.
• ITC Limited: K.G. Stephanos has sold 40,000 shares through Market Sale on May 21, 2019.
• ITC Limited: Sachin Sahay has sold 15,000 shares through Market Sale on May 20, 2019.
• ITC Limited: Vikram Khosla has sold 18,052 shares through Market Sale on May 20, 2019.
• ITC Limited: Vikram Parikh has sold 20,000 shares through Market Sale on May 21, 2019.
• Jubilant Life Sciences Limited: Torino Overseas Limited has sold 770,445 shares through Market Sale on May 21, 2019.
• Mangalam Cement Limited: Manav Investment & Trading Co. Ltd has sold 732,297 shares through Market Sale on May 17, 2019.
• Mangalam Timber Products Limited: Cygnet Industries Limited has sold 780,462 shares through Market Sale on May 17, 2019.
• Oil India Limited: The President Of India has sold 15,518,943 shares through Off Market on Mar 25, 2019.
• PNB Housing Finance Limited: Ajay Gupta has sold 15,000 shares through Market Sale on May 20, 2019.
• Yes Bank Limited: Sumit Gupta has sold 25,000 shares through Market Sale on May 17, 2019.

Note: Disclosure made under Reg 13(4), 13(4a) of SEBI (IT) regulations 1992.

Bulk and Block Deals :