DLF, IOC, Bharti Airtel among 14 Stocks in focus today

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

MMTC: MMTC reportedly said that it will invest about Rs. 6,000 crore to double the capacity of Neelachal Ispat Nigam (NINL) in the next four years. 

IOC, BPCL, HPCL: IOC has announced that it has reduced Petrol prices by 58p/L and Diesel prices by 25p/L with effect from midnight.

Shreyas Shipping & Logistics Ltd: The company has entered into a Memorandum of Understanding for the formation of a Joint Venture Company with Suzue Corporation, Japan for exploring business opportunities in the logistics space within India and Japan.

DLF: CCI dismisses complaint against DLF group firms regarding the anti-competitive business policy, as per media reports.

Kwality: The company would start distribution of their products i.e. Milk, Curd and Chaach under the brand "Kwality". The three categories of Milk i.e. Full Cream, Toned and Double Toned; would be available in pouches in Delhi NCR from November 30, 2015.

Bharti Airtel: Bharti Airtel announced the launch of a massive network transformation program - “Project Leap”. It aimed at perceptibly improving network quality and delivering the best customer experience, this strategic project will see an investment of Rs. 60,000 crore in the next 3 years.

Natco Pharma: The pharma company has received shareholders' approval for amalgamation of its subsidiary Natco Organics into the company. 

Pidilite Industries: Pidilite Industries has acquired Chemifix trademark and other brands associated with PVAC adhesives business from Sri Lanka-based CIC Holdings Plc.

Cipla Ltd: The pharma company said it is ready to launch low dose 'Efavirenz' used in treatment of HIV infection. 

Subex Ltd: The company has allotted 1,86,27,341 equity shares pursuant to the conversion of US$ 4,320,000 out of the Company’s US$ 39.61 million bonds that are outstanding under the US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on November 30, 2015. Post the conversion, FCCBs aggregating to US$ 35.29 million are outstanding under the said Bonds. Subject to the listing & trading approval of the NSE and BSE the paid up share capital of the Company has increased from Rs. 351,63,69,810 to Rs. 370,26,43,220.

Rajesh Exports: The company said it has bagged an export order worth Rs 1,122 crore for gold and diamond studded jewellery and medallions from the UAE.

Tata Power Company Ltd: The company has announced that Maithon Power Limited, a 74% Joint Venture of the Company, has issued and allotted senior, non-cumulative, redeemable, listed, rated, secured non-convertible Debentures ("NCDs") for an amount of Rs 500 crore on private placement basis.