Friday, June 20, 2014


IFCI spikes 9%, to sell stake in subsidiary and NSE
IFCI jumped 9% after the company proposes disinvestment of partial stake in NSE and entire stake in IFCI Financial Services.

TVS Motor gains on bike launch in Tanzania
Shares of TVS Motor Company were up nearly 2% after the company has launched a new motorcycle, StaR HLX 125, specially designed to suit riding conditions in African Continent.

Orchid Chemicals up 8% on USFDA nod for insomnia drug

Shares of Orchid Chemicals and Pharmaceuticals rallied as much as 8 percent in on getting US Food and Drug Administration approval for Eszopiclone tablets.

ICRA up 18%, Moody's raises stake to 50.06% via open offer

Shares of rating agency ICRA up 18% after its promoter Moody's increased stake to 50.06 percent in the company via open offer.

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