Thursday, 3 July 2014
·
GMR Infra, JP Associates fall
after launching QIP
Shares of
GMR Infrastructure and Jaiprakash Associates have declined more than 4% each
after both these companies announced launch of qualified institutional
placement on July 2 to raise funds.
·
HDIL to divest 100% shareholding
in HDIL Entertainment
Housing Development and
Infrastructure Ltd has entered into definitive agreements with respect to
transfer of its 100% shareholding of its wholly owned subsidiary company, viz
HDIL Entertainment.
·
Reliance Cap up 1% on plans to
sell non-core assets
Shares of
Reliance Capital jumped over 1 percent it is beginning the process of unlocking
value from investments in non-core sectors to focus on its key financial
services businesses.
·
Ranbaxy Laboratories too has
gained 3.8%
Ranbaxy
Laboratories has gained 3.8% to Rs 543, its highest level since November 2012
after USFDA granted approval to Ranbaxy's subsidiary Ohm Laboratories to
manufacture and sell generic Diovan in the US.
