20 Stocks in focus today

Check out the companies which will be in focus during trade today based on recent and latest news developments.

Tata Motors: Sales of Tata Motors passenger and commercial vehicles (including exports) were lower by 2% at 45,215 units, sold in September 2015, over 46,154 vehicles sold in September 2014. The domestic sale of Tata commercial and passenger vehicles for September 2015 were flat at 40,813 nos., over 40,908 vehicles sold in September 2014.

Maruti Suzuki: Maruti Suzuki India's board has approved a contract manufacturing agreement for a period of up to 30 years proposed to be signed with an arm of parent Suzuki Motor Corp (SMC) for the upcoming plant in Gujarat.

NMDC: The company has slashed prices of iron ore fines by more than 52% to Rs.1,460 per tonne for the current month as compared to Rs.3,060 a tonne in January, says report.

ICICI Bank has reduced its base rate by 35 basis points to 9.35%, which will be effective October 5.

Indiabulls Housing Finance Company Ltd: IHFCL said its proposed plan to raise up to USD 1 billion by way of equity or convertible securities has been approved by shareholders.

Bank of India, United Bank of India: Bank of India and Union Bank of India have issued equity shares worth Rs. 2,455 crore and Rs. 1,079 crore respectively to the government on preferential basis for capital infusion.

Union Bank of India: The bank has cut its Base Rate by 35 bps to 9.65% from October 5.

Hero MotoCorp : Total Sales of Hero MotoCorp stood 6.06 lakh for Sep'15 compared to 6.04 lakh units last year. LIC increases stake in September end as compared to 4.77% for the quarter ended June.

Chennai Petroleum Corporation Ltd: LIC has has lowered its stake in CPCLto 5.04 per cent by selling 2% stake in the company.

TVS Motor Company Ltd: TVS Motor has reported a marginal drop in sales during the month of September at 232,775 units as against 236,751 units recorded in the month of September 2014.

Karnataka Bank: The bank cut its base rate by 25 bps to 10.25% from 10.50%. The revised rate will come into effect from October 5.

Biocon:  Pharma giant Biocon has acquired business assets of Acacia Life Sciences Private Limited, which has a unit at Jawaharlal Nehru Pharma City (JNPC) at Parawada.

Kalpataru Power Transmission: The company has received shareholders nod to issue securities worth up to Rs 300 crore on a private placement basis.

Cummins India: The company announced that the company has completed acquisition of the balance 50% shares of Cummins Svam Sales & Service, said media reports.

Dena Bank: The bank has reduced its base rate, or minimum lending rate, by 0.30 percent to 9.70 percent from 10 percent earlier.

NTPC: The company will consider selling electricity to Bangladesh from its upcoming 750 MW plant at Kokrajhar in Assam once the neighboring country finalizes plans to buy power from Palatana project in Tripura.

Adani Ports, L&T: Adani Ports and Larsen & Toubro said they have inked a pact to oversee operations of Kattupalli Port in Tamil Nadu.

HDFC: The company said it has raised about Rs. 100 bn through mix of warrants and non-convertible debentures to qualified institutional investors.