Top stocks in news at 12:
- TEJAS NETWORKS: Tejas networks striking the upper circuit with 5 percent on July 9 taking the share price to 51.80 after Kedia Securities, Owned by Investor and Trader Vijay Kishanlal acquired 0.81 percent of stake in the company for Rs 3.7 Crore through open market transactions.
- GAIL INDIA: The stock gained nearly 4 percent in the early trading session up by 3.85 points with the share price at 106.55 and also reaching the day’s high at 107.00 after LIC increased stake in the company by 2.014% to 7.019% via market purchases.
- SOUTH INDIAN BANK: The stock price gained nearly 4.50% taking the share price to Rs 8.30 AT 11.30 IST. The stock previously closed at Rs 7.95 in the last trading session. The bank posted their Q1 results on Wednesday – Profit at Rs 81.65 crore versus Rs 73.26 crore, NII at Rs 586.89 crore versus Rs 535.66 Crore YoY.
- AUROBINDO PHARMA: The share price of the company touched the 52-Week high mark in the early trade being the News-maker of the trading session on July 9. The company’s share gained over 3 percent after the US drug regulator gave its NOD to the company’s blood pressure drug, Verapamil Hydrochloride.