Stocks in news: Sapphire Foods, PNC Infratech, Nestle, NHPC, Sun Pharma

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GIFT Nifty on the NSE IX traded 19.5 points, or 0.09 per cent, lower at 21,466.50, signaling that Dalal Street was headed for negative start on Tuesday. Here’s a slew of stocks that will be in focus today for various reasons.

Sapphire Foods
In Sapphire Foods, promoter group entities – Sapphire Foods Mauritius and Samara Capital sold stakes in the company through the open market.

Archean Chemical Industries
Archean Chemical Industries, Piramal Enterprises sold 3.4% stake through the open market for around Rs 252 crore.

PNC Infratech
The company has been declared Ll (first lowest) bidder in a Madhya Pradesh Road Development Corporation’s (MPRDC) highway project.

Read more: Here’s the trade setup for today’s session

Nestle
Nestle India has fixed January 5 as the record date to determine eligible shareholders for the stock split announced by the company in October.

NHPC
A Board meeting of NHPC is scheduled to be held on December 22 to consider the proposal regarding monetization of future cash flow of one or more power station(s) of the company for suitable tenure.Sun Pharma
Sun Pharma has entered into agreement to acquire 16.7% shares on a fully diluted basis, in Lyndra Therapeutics engaged in the business of developing novel delivery technology for long-acting oral (LAO) therapies.

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