Friday, 20 June 2014
·
IFCI spikes 9%, to sell stake in
subsidiary and NSE
IFCI jumped 9% after the
company proposes disinvestment of partial stake in NSE and entire stake in IFCI
Financial Services.
·
TVS Motor gains on bike launch in
Tanzania
Shares of
TVS Motor Company were up nearly 2% after the company has launched a new
motorcycle, StaR HLX 125, specially designed to suit riding conditions in
African Continent.
·
Orchid Chemicals up 8% on USFDA
nod for insomnia drug
Shares of
Orchid Chemicals and Pharmaceuticals rallied as much as 8 percent in on getting
US Food and Drug Administration approval for Eszopiclone tablets.
·
ICRA up 18%, Moody's raises stake
to 50.06% via open offer
Shares of
rating agency ICRA up 18% after its promoter Moody's increased stake to 50.06
percent in the company via open offer.
