Stocks in the news: Fortis, Binani Cement, Atlas Cycles, DLF, Cipla, BPCL, HDFC, Bharat Forge

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Fortis | Binani Cement | United Bank Of India | ICICI Bank | Aurobindo Pharma | ABC India | Atlas Cycles | DLF | Cipla | BPCL | HDFC | Bharat Forge | Sadbhav Infra | L&T Infotech | Reliance Industries and TVS are stocks, which are in news today.

Here are stocks that are in news today: 


Fortis Healthcare

-In relation to the news of attachment of assets of Singh, brothers confirm that Delhi HC on February 26 pronounced an order for enforcement of an earlier order dated January 31, 2018

-Says company is not a part of the ongoing proceedings in the Delhi High court and not impacted by the outcome

Banking sources say

-Dalmia Bharat -Piramal Bain consortium emerge the highest bidder for Binani Cement

-UltraTech Cement & Dalmia’s bids were approximately Rs 6,200-6,300 crore each

-IDBI Bank, Edelweiss Group lead lenders in the consortium


Alert - Binani Cement has a debt of Rs 3,880 crore & corporate guarantee of Rs 2,420 crore


Equity Service


ICICI Bank says

-Company working with capital lenders to Gitanjali Group along with other banks in consortium

-Exposure to Gitanjali group is not largest amongst lenders in consortium


-Company has no exposure to Nirav Modi group


Aurobindo Pharma

-Undertakes voluntary recall of over 7,000 bottles of Metformin Hydrochloride tablets in the US

-Reason for recall is presence of foreign tablets

-Drug manufactured at company's Unit VII Unit in Mahabubnagar

BPCL

-In talks to sell stake in Bina refinery: Media Report

-National oil firms of Oman, Kuwait, Abu Dhabi may buy up to 24 percent stake

Other stocks and sectors in the news today:

Dilip Buildcon bags order worth Rs 2,013 crore from NHAI in Andhra Pradesh

Dr. Reddy's Labs gets US FDA nod for Atomoxetine Hydrochloride capsules (10-100 mg)

United Bank of India gets shareholders' nod to issue up to 145 crore shares to government on preferential basis aggregating up to Rs 2,634 crore

PNB says AK Pradhan, General Manager, has been appointed as group chief risk officer

ABC India receives order of Rs 142 crore from BHEL for Multimodal Transportation of Export Project Cargo

DLF emerges as highest bidder for freehold land measuring 11.76 acres for a sum of Rs 1,496 crore

Atlas Cycles manufacturing activity at Sonepat unit has been temporarily suspended may be closed after re-assessing the situation

Cipla partners with Roche Pharma India to create greater access to medicines

HDFC opens QIP, floor price set at Rs 1,824.63 per share
Bharat Forge completes divestment of its shareholding in Alstom Bharat Forge Power to GE

Sadbhav Infrastructure has been declared L1 for HAM project by NHAI with a bid price of Rs 1,047 crore

L&T Infotech promoter sells 2 percent stake in open market for achieving minimum public shareholding

TVS Motor plans to sell 2,00,000 Ntorq 125 scooters in FY19: BS

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