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Posted by : Simran Shah
Monday, 30 June 2014
·
Sun Pharma at record high as Taro
gains 17% post price hike
Shares of
Sun Pharma up 3 percent after Taro rallied 17 percent in the US markets,
reacting to its price hike of 11 products. Sun Pharma owns a
70 percent stake in Taro.
·
ONGC to invest Rs 5,700 cr in
Mumbai High North development
Oil and Natural Gas Corp
will invest over Rs 5,700 crore in redevelopment of its giant Mumbai High
(North) oil and gas field off the west coast.
·
HDIL gains 4% on Citigroup stake
buy
Housing
Development & Infrastructure Ltd has moved higher by 4% as Citigroup bought
4 million shares of the Mumbai-based real estate developer for about Rs 38
crore through open market.
·
Union Bank surges 6%,
shareholders' approval for QIP
Shares of
Union Bank of India rallied as much as 5.6 percent after its shareholders
approved raising of capital up to Rs 1,386 crore via qualified institutional
placement.