Tega Industries, Vedanta, SpiceJet and other top stocks to watch out for on December 13

Dec 13, 2021

By: Rounak Jain

Tega Industries

The company’s shares will debut on the stock exchanges today after its IPO was subscribed 219 times. Its issue price is ₹453 per share.

Credit: Tega-Industries

Vedanta

Approved its second interim dividend for FY 2021-22 at ₹13.5 per share, with the record date being December 18.

Credit: Vedanta

SpiceJet

The return of the controversial Boeing 737 Max aircraft has run into another issue after SpiceJet’s Mumbai-Kolkata flight experienced a mid-air emergency and had to turn back.

Credit: BCCL

Burger King India

Its board will meet on December 15 to consider options for raising funds via a further issue of securities either through public or private offerings.

Credit: Unsplash

Dr. Reddy's Laboratories

The Hyderabad-based pharma company received approval for an abbreviated new drug application (ANDA) VeraRing from the US drug regulator.

Credit: Dr-Reddys-Laboratories

Aurobindo Pharma

US pharma giant Gilead has sued Aurobindo from launching copies of Letairis, a drug used in the treatment of pulmonary hypertension.

Credit: Aurobindo-Pharma

Cadila Healthcare

Bagged a tentative approval from the US drug regulator for Cariprazine capsules, a generic drug used in the treatment of schizophrenia.

Credit: Cadila-Healthcare

Minda Industries

To expand its two-wheeler alloy wheel capacity by 20 lakh units per annum at its Maharashtra plant. Its subsidiary to enhance four-wheeler alloy wheel capacity by 3.6 lakh units per annum at its Gujarat plant.

Credit: Minda-Industries

Power Grid Corporation

Its board will meet on December 15 to consider a proposal for an interim dividend.

Credit: BCCL

Greenlam Industries

It will consider a proposal for a stock split that would split each existing equity share into five. Its shares were trading at ₹1,682 on December 10.

Credit: Greenlam-Industries

Prosus terminates $4.7 bn deal to acquire BillDesk