{
  "id": 1847399,
  "title": "Buzzing stocks: Shipla Medicare, CG Power, Exide, Manipal Health, JG Chem, PNB Housing, ONGC, Ducon",
  "url": "https://urgent.news/2026/08/19/buzzing-stocks-shipla-medicare-cg-power-exide-manipal-health-jg-chem",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T01:49:26.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/buzzing-stocks-shipla-medicare-cg-power-exide-manipal-health-jg-chem-pnb-housing-ongc-ducon/article71363129.ece"
  },
  "original_language": "en",
  "account": "Drug manufacturer Shilpa Medicare Ltd has voluntarily recalled 27,923 vials of their Pemetrexed Injection 100 mg/10 mL and 500 mg/50 mL products in the United States due to atypical discoloration of the drug. This recall, initiated on July 29, 2026, affects four batches, encompassing 9,489 50 mL vials and 18,434 10 mL vials. Shilpa Medicare believes the recall will not have a significant impact on their financials or operations.\n\nManipal Health Enterprises (MHEL) and Kinder Women's Hospital have entered into a business transfer agreement, with MHEL acquiring the hospital for ₹130 crore in cash. The acquisition will be completed within 90 days, subject to regulatory approvals. ONGC has commissioned gas evacuation facilities in Assam's Golaghat district, allowing for the processing and evacuation of surplus natural gas from the Upper Assam Shelf through the North East Gas Grid. This new connectivity will enable ONGC to utilize approximately 1 lakh Standard Cubic Metres (SCM) of gas per day from its Jorhat asset.\n\nJG Chemicals' Material subsidiary BDJ Oxides Pvt Ltd has purchased 16.74 acres of land in Tirupati, Andhra Pradesh for ₹18.41 crore. This acquisition will support future expansion and development of a green sustainable recycling product portfolio. Ducon Infratechnologies Ltd has secured a significant contract to supply and service a Forced Cooling Network (FCN) System for a large aluminium smelter plant in India. This win highlights Ducon's commitment to expanding its presence in the aluminium and thermal power sectors with infrastructure solutions like fly ash and alumina handling systems.\n\nCG Power has reported a suspected cyber event on its IT systems, which has not impacted core systems. The company has engaged both internal and external cybersecurity experts and has notified the Indian Computer Emergency Response Team (CERT-In) about the incident, demonstrating their commitment to regulatory compliance and cyber risk management. PNB Housing Finance Limited's shareholders approved a ₹10,000 crore NCD issuance and increased borrowing limits to ₹1,50,000 crore during its 38th Annual General Meeting on August 17, 2026. Additionally, Exide Industries has invested Rs 200 crore in its wholly-owned subsidiary Exide Energy Solutions (EESL) through a rights-based equity subscription, aiming to develop a greenfield multi-gigawatt lithium-ion cell manufacturing facility. RailTel Corporation of India has received a ₹166.8 crore work order from the Employees Provident Fund Organisation (EPFO), which includes an extension of the original work order involving additional components.",
  "summary": "Shilpa Medicare initiates a precautionary recall of nearly 28,000 vials amid operational updates from key players like Manipal Health and ONGC, while CG Power addresses cybersecurity concerns and Exide funds ambitious lithium-ion projects.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}