Stocks in news: Hero MotoCorp, Lupin, Tata Power, RIL, Quess Corp, PNB

The Nifty futures contract traded on the Singapore Exchange indicates a muted start to domestic equities. The contract was trading at 17,255, down 4.5 points or 0.03% from the previous close.

Here's a slew of stocks that will be in focus today for various reasons

Hero MotoCorp
The Board of Hero MotoCorp appointed Niranjan Gupta as the new Chief Executive Officer (CEO) of the company, effective from May 1, 2023, elevating him from his current position as its CFO, Head - Strategy and M&A.

Wipro
Wipro announced that Badri Srinivasan will lead the India and Southeast Asia businesses under the company’s APMEA (Asia Pacific, Middle East, India and Africa) strategic market unit.

Lupin
The US FDA inspected Lupin’s Pithampur unit-2 manufacturing facility and issued ten observations.

Alembic Pharma
Alembic Pharmaceuticals announced that it has received final approval from the USFDA for its abbreviated new drug application Brimonidine Tartrate Ophthalmic Solution.

Read more: What changed the market while you were sleeping

BEL
The ministry of defence (MoD) has signed two contracts worth Rs 2,696 crore with Bharat Electronics, Bangalore to bolster the defence capabilities of the country.

Aurobindo Pharma
Aurobindo Pharma has signed voluntary sub-licensing with Medicines Patent Pool (MPP), a UN organization, for developing and marketing Cabotegravir Tablets and Long Acting Injectables.

Quess Corp
Promoter Fairbridge Capital (Mauritius) has raised its stake in Quess Corp Ltd by acquiring 4.45% stake through the reverse book building process on the NSE.

Tata Power
The Board has approved the re-appointment of Praveer Sinha as the CEO & Managing Director of the company for a period of four years from May 1.

Angel One
Shares of Angel One will trade ex-dividend on March 31. The company has declared a fourth interim dividend of Rs 9.6 per equity share for the current financial year 2022-23.

IGL
Indraprastha Gas will trade ex-dividend on Friday with respect to the second interim dividend of Rs 10 per equity share for the current fiscal.

Kalyan Jewellers
Highdell Investment has sold 26,208,636 equity shares of Kalyan Jewellers, representing 2.54% of the total issued and paid-up equity share capital of the company, through a bulk trade on the stock exchanges on March 28.

G R Infraprojects
G R Infraprojects has secured Letter of Acceptance for four projects worth Rs 3,700 crore.

PNB
The Board has approved raising of capital up to Rs 12,000 crore through issuance of bonds in one or more tranche.

Tata Consumer Products
The company's Board has approved the re-appointment of L Krishnakumar as Executive Director & Group CFO, for a duration of seven months starting April 1.

Gujarat Ambuja Exports
The company has commissioned a 100 TPD Sorbitol unit at its existing unit of Sitarganj taking the Sorbitol manufacturing capacity to 220 TPD at Sitarganj. With this, the company became the largest Sorbitol manufacturer in the country.

Fino Payments Bank
Fino Payments Bank announced that it has renewed its association with Rajasthan Royals (RR) for season 16 of IPL. Fino Bank will be RR’s official Digital Banking Partner.

Aether Industries
Aether Industries has executed a Letter of Intent (LoI with Saudi Aramco Technologies Company, effective on March 29.

Reliance Industries
The creditors and shareholders of Reliance Industries will meet on May 02 to decide on demerger of financial services business