Top 5 stocks to watch today

Here are the top 5 action stocks for the day

 

Tata Steel

Tata Steel shareholders approved re-appointment of TV Narendran as Chief Executive Officer and Managing Director of the company.

 

Reliance Industries

Global PE firm KKR will invest Rs 2,069.5 crore in Reliance Industries' retail arm, thereby raising its stake to 1.42% in the company.

 

Larsen & Toubro (L&T)

Infrastructure major L&T has revised the final price for its proposed buyback to Rs 3,200 from Rs 3,000 earlier.

 

SpiceJet

The airline said it would complete the payment of Rs 100 crore to former promoter Kalanithi Maran by September 12. It would also make a payment of $1.5 million in the Credit Suisse case in accordance with a court directive.

 

Lupin

The company plans to enter into a business transfer agreement with its arm Lupin Manufacturing Solutions to carve out two active pharmaceutical ingredients (API) manufacturing sites at Dabhasa and Visakhapatnam and select R&D operations, including fermentation, at Lupin Research Park, Pune.

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