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Top Stocks to be Focused for 29 Dec 2016

Top Stocks to be Focused for 29 Dec 2016

Reliance Industries: Reliance Industries on Wednesday said it has successfully commissioned the first phase of its 2.2 million metric tonnes per annum (MMTPA) para-xylene (PX) plant at Gujarat’s Jamnagar.

Goa Carbon: The company on Wednesday informed bourses that the operations at Bilaspur Plant have commenced from December 27, 2016.

Jet Airways: The appointment of Vikram Mehta, Rajshree Pathy and Ranjan Mathai have received the nod of the shareholders, the airline said in a regulatory filing on Wednesday.

Cadila Healthcare: The company’s wholly owned subsidiary ZydusBSE -0.91 % Healthcare has acquired six brands from US drug maker MSD and its subsidiaries for an undisclosed amount.

JMC Projects: The civil engineering and EPC firm on Wednesday said it has bagged new construction projects worth over Rs 1,457 crore.

Sasken Communication: The company has proposed to buy back 29,27,879 equity shares having face value of Rs 10 each at a price of Rs 410 per share in cash for a total consideration not exceeding Rs 12004.31 lakhs.

JK Tyre: The tyre manufacturer said its board has given approval to raise up to Rs 1,000 crore by issuing securities.

Sun Pharma: Two persons were killed and two others injured in a blast at a pharma unit in Ahmednagar district on Wednesday. The incident happened at the Sun Pharma unit in MIDC Ahmednagar area, police said.

Hindustan Unilever: According to reports, the FMCG major will launch around 20 products — toothpaste and skin cream to soaps and shampoos — under its existing Ayurveda brand Ayush.

Phoenix Mills: The company on Wednesday said it has acquired the remaining 8.72 per cent stake in its wholly-owned subsidiary Island Star Mall Developers Pvt Ltd (ISMDPL).

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