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Bajaj Finance Stocks: Stocks in News: Bajaj Finance, Kronox Lab, IDBI Bank, Dr Reddy’s, Godawari Power, Jubilant Pharmova

The domestic market had a volatile trading week with significant swings in both directions, but ended up near all-time highs. Today’s trading will see stocks of Bajaj Finance, Kronox Lab, IDBI_Bank, Dr Reddy’s, Godawari Power and Jubilant Pharmova in focus due to various news-related developments.

Bajaj Jae Won

Bajaj Housing Finance (BHFL) has filed a draft red herring prospectus (DRHP) with the Indian market regulator to launch a Rs 7,000-crore initial public offering (IPO).

Chronox lab
Kronox Lab’s shares are set to debut on the stock exchange today and the stock is expected to list at a healthy premium of around 30%, in line with gray market trends.

Godavari strength
Godawari Power said its board of directors will consider the share buyback proposal on June 15.

doctor Redis
Dr. Reddy said its manufacturing unit in Andhra Pradesh has received four observations from the US FDA.gland perm
Gland Pharma has appointed Srinivas Sadu as Chairman and CEO of the company, effective June 10.

Korea Expressway Corporation
KEC International has received orders worth Rs 1,061 crore across its various businesses.

delighted Pamova
Jubilant Pharmova said the U.S. Food and Drug Administration has issued three observations about its contract manufacturing facility in Spokane, Washington.

lupine
Lupine has signed a BTA with Lupine LifeSciences to start its generics trading business in India from July 1.

RVNL
RVNL emerged as the lowest bidder for the Rs 156.47 crore Southern Railways project.

IDBI Bank
IDBI Bank was ordered to refund income tax worth Rs 2,701 crore for the tax year 2016-17. The bank said it was in the process of assessing the impact of the order on its financial statements.

Artson Engineering
Artson Engineering has received an award letter from Guwahati International Airport for a project worth Rs 126.15 crore.

Borosil Renewable Energy
Borosil Renewables said its board has approved its proposal to raise up to Rs 450 crore through equity issue.

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