Dr Reddy's Lab, BHEL, Ashoka Buildcon among 16 Stocks in focus today

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

Dr Reddy's Laboratories:  Dr Reddy's Laboratories submitted a response to the US health regulator on a warning letter it had received last month.

BHEL: Heavy industry minister Anant Geete has denied that proposal of further stake sale in BHEL is being considered by the government, according to reports.

State Bank of India: SBI said that it had not committed to extend any loan to the Australian coal mines project of Adani Group but had only signed a conditional Memorandum of Understanding (MoU).

Unichem Laboratories: The company said that it received final ANDA approval from the US FDA for Irbesartan tablets USP.

Electrosteel Steels Ltd: A consortium of 27 lenders, led by State Bank of India (SBI), has approved part conversion of Kolkata-based Electrosteel Steels’ Rs. 2,507 crore debt into 250 crore equity shares of Rs. 10 each under the SDR scheme.

Punjab & Sind Bank: The bank has informed BSE that All India Bank Officers’ Confederation (AIBOC) has given a notice to IBA calling for All India Bank Strike on December 11, 2015.

Ashoka Buildcon Ltd: The company has acquired 100% equity shares of Rs. 10 each fully paid up of Ashoka Path Nirman (Nasik) Pvt Ltd. However, the company has not divulged any financial details of the deal.

NBCC:  The company secured Business amounting Rs. 192.74 Cr (approx) in the month of November 2015.

Tata Communications Ltd: Tata Communications Ltd said that it will sell a majority of its subsidiary Neotel's fixed-line assets to Vodacom South Africa but will retain control of licences, including spectrum.

Steel Strips Wheels Ltd: SSWL announced the award of another exports order for supply of High Speed Trailer (Caravan) steel wheels for the European aftermarket. The order is in line with SSWL's strategy to increase presence in this high volume segment of Europe.

Wockhardt: The pharma company has received qualified disease product (QIDP) status from US health regulator for a new antibiotic.

Larsen & Toubro: L&T has bagged orders worth Rs19.6bn across business segments. The company's construction arm has secured these contracts in different businesses including water and effluent treatment projects.  

 Dabur India: Dabur launched the sugar-free version of its popular ayurvedic product Chyawanprash to tap health conscious customers.

NHPC Ltd: The company announced that Sewa-ll Power Station (120 MW) in Jammu and Kashmir has been completely shut down for annual maintenance of machines/MIVs for about 20 days with effect from 7 December.

Orchid Chemicals & Pharmaceuticals: The company has informed BSE that production operations of the Company's Bulk Drugs Plant located at Alathur, Tamil Nadu have been disrupted from December 02, 2015, due to flooding at the factory premises caused by heavy rains in Chennai. The Company have now recommenced the operations in a phased manner. However, the Sterile Manufacturing Section would need to be verified for Sterility and this would take a few more days for becoming fully operational.

Gati: GATI has revamped its website and launched an app, making its services available through mobile devices. 

Lypsa Gems and Jewellery: The company said that it won orders worth Rs.46.70 crore from UAE-based customers.

Eicher Motors: The company said it has suffered a production loss of 11,200 Royal Enfield motorcycles so far due to heavy rains and flooding in Chennai.