Eicher Motors, SpiceJet, IndiGo, ONGC, Biocon and more: Top stocks to watch out for on Nov 17

SUMMARY

A slightly lower opening is expected for Indian benchmark indices on Wednesday. SGX Nifty50 futures, which is an early indicator of Nifty50's performance, was down 0.3 percent at 17,952 as of 6:56 am.

By CNBCTV18.comNov 17, 2021 7:25:06 AM IST (Published)

Eicher Motors | The automaker is ranked 8th amongst global automotive companies for ESG practices. It is one of 3 Indian automobile companies, and one among 10 global automobile companies to feature on the Dow Jones Sustainability Index Emerging Markets Index this year.

InterGlobe Aviation and SpiceJet | The aviation ministry has allowed meals on all domestic flights and has also allowed magazines and reading material on all flights.

ONGC | The government wants Oil and Natural Gas Corporation to carve out non-producing high-potential areas of prolific Mumbai High and Bassein fields for privatisation, not privatise entire fields, as per a report.

Steel companies |China's top steel production hub Hebei will cut crude steel output by over 20 percent in this heating season.

Panacea Biotec | India Resurgence Fund and Piramal Enterprises are in the process of extending the repayment date of the debt facility availed of by Panacea Biotec, after a recent payment default, according to a report.

Parag Milk Foods | Investcorp Infrastructure Fund 1 sold 2 percent stake in the company through open market transactions, reducing shareholding to 3.29 percent from 5.29 percent earlier.

Biocon | Subsidiary Biocon Biologics, and Viatris launched interchangeable biosimilars SEMGLEE (insulin glargine-yfgn) injection, a branded product, and Insulin Glargine (insulin glargine-yfgn) injection, an unbranded product in the US.

Grindwell Norton |The company has made an investment of Rs 15 lakh in Cleanwin Energy Three LLP towards power purchase.

Tourism Finance Corporation of India |The company, on November 22, will consider the issuance of Non-Convertible Debentures to be issued on private placement basis.

Golden Tobacco | The company has moved the Bombay High Court seeking intervention in a case between the Directorate of Revenue Intelligence and Golden Tobie to restrain the latter from manufacturing its brand of cigarette, as per a report.