Maruti Suzuki, HDFC, Somany Ceramics among 12 Stocks in focus today

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

Maruti Suzuki: The company said its minority shareholders have approved the Gujarat plant resolution. 89.75% of shareholders voted in the favour of Gujarat Resolution, while the remaining decided to vote against it.

Housing Development Finance Corporation: HDFC has agreed to sell 12,33,57,262 equity shares of Rs .10 each of HDFC ERGO General Insurance Company (HDFC ERGO), a subsidiary of HDFC, representing 22.92% of HDFC ERGO's issued and paid up capital to ERGO International AG, Dusseldorf (ERGO) at a price of Rs 90.973 per share).

Bank of Baroda: CBI has filed chargesheet against 2 former Officials in BOB case in respect of violation of banking norms.

Somany Ceramics: The company has informed the exchange that subsequent to the approval accorded by the Board of Directors of the Company, authorised the opening of the QIP on December 17, 2015, with the floor price for the issue i.e. Rs. 357.24.

Power Grid Ltd: The RBI has now allowed foreign institutional investors  and registered foreign portfolio investors to buy more shares of PowerGrid Corporation of India.

Aurobindo Pharma: The pharma company has received final approval from the USFDA to manufacture and market two drugs used for treating diarrhoea and allergy.

Tata Power Ltd: Tata Power has announced that it has entered into contract with Gamesa India for commissioning 100 MW turnkey wind project in Andhra Pradesh.

TAKE Solutions: The unprecedented rainfall in Chennai during the first week of December 2015 and the resultant flooding impacted the business operations of the company.

JMC Project: The company said in a notice to BSE that it recently got orders worth Rs.1,050 crore.

Jyoti Limited: The company has won the prestigious order at Rs. 139 crores from DRN Infrastructure for design, manufacturing, supply, erection, testing and commissioning of five Nos.

United Bank of India: The bank has informed BSE that at the meeting of the Board of Director scheduled to be held on December 18, the proposal to raise Equity Capital by Preferential Allotment up to Rs. 1500 cr. including premium to the President of India on behalf of the Central Government or Life Insurance Corporation of India or funds thereof or such other investors as may be decided provided that the Central Government holding at any time shall not fall below 51% of the equity capital of the Bank, shall inter-alia be taken up for consideration.