Stocks to watch, Oct 26: Raymond, RailTel, KEC Intl, Honasa, BL Kashyap, Lupin, Orchid Pharma, Gland Pharma among 15 stocks to remain in focus
Markets in focus: a mix of M&A, contract wins, regulatory updates and new product launches across 15 stocks, from Raymond’s rebrand to Lupin’s FDA observation and Orchid Pharma’s Latin American licensing deal.
Raymond Ltd has changed its name to Raymond Aerospace, Defence & Engineering Ltd. RailTel Corporation of India Ltd has secured a Letter of Intent (LoI) from Munitions India Ltd for Rs 20.04 crore. KEC International Ltd has received prestigious turnkey orders in the Transmission & Distribution (T&D) business. Honasa Consumer Limited has elevated Vipul Maheshwari to Chief Product & Technology Officer (CPTO).
Transworld Shipping Lines Ltd has acquired two container vessels named "OEL Surya" and "OEL Varun". Ramky Infrastructure Ltd has executed a contract with Rail Vikas Nigam Ltd for residential towers, a shopping complex, and associated infrastructure works in Chhattisgarh. B.L. Kashyap and Sons secured a major new work order valued at ₹495.86 crore.
The USFDA conducted an unannounced inspection on Gland Pharma Limited's Formulation Facility with four Form 483 observations. Lupin Ltd underwent a regulatory inspection by the USFDA with a single observation. Orchid Pharma Ltd and Libra signed a licensing and supply agreement for Exblifep in Latin America. Melstar Information Technologies Ltd will establish a Maintenance Training Organization in Andhra Pradesh.
BSE-listed Pro CLB Global Ltd commenced a new business activity under BNP Café – Business Networking Platform. Takyon Networks received a work order from Hindustan Power Exchange for hardware, software, and licenses. Lehar Footwears Ltd received BIS license approval for "Shoes for General Purpose". Richa Infosystems Ltd launched its smart home climate control market venture.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
