Stocks That Were In News On December 23, 2015

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The 30-share benchmark index ended the trade at 25850.30 higher by 259.65 points, while the NSE Nifty was at 7865.95, up by 79.85 points.

On the global front, most of the Asian markets ended the day mixed. While, European peers trading higher.

Stocks That Were In News On December 23, 2015

Reliance Communications

Shares of Reliance Communications (RCom) rose after the telecom major announced it has entered into exclusive discussions for potential combination of its Wireless Business with Aircel.

The stock ended the trade at Rs 86.25, higher by 0.64 per cent on BSE. The stock touched an intra-day high and 52-week high at Rs 87.70 during the trade.

Alkem Laboratories

Shares of the Alkem Laboratory had a good debut on the stock exchange today, the stock surged by 30 per cent on bourse today.

The stock ended the trade at Rs 1381, higher by 31.94 per cent on NSE. The stock touched an intra-day high and 52-week high at Rs 1413 during the trade.

Piramal Enterprises

Piramal Enterprises has said that its consumer products division has acquired five trademark rights for India from Organon India Pvt. Ltd. and MSD BV. for a consideration of Rs 92 Crore.

The stock ended the trade at Rs 953, higher by 1.03 per cent on BSE. The stock touched an intra-day high Rs 959 during the trade.

Welspun Enterprises

Welspun Enterprises has said that it has entered into a definitive agreement with India Infrastructure Fund - II, an alternative fund sponsored by IDFC to divest its stake in Dewas Bhopal Road Corridor.

The stock ended the trade at Rs 57.90, higher by 11.88 per cent on BSE. The stock touched an intra-day high at Rs 59.40 during the trade.

Wipro

Wipro to acquire Viteos Group, a BPaaS provider for the alternative investment management industry.

The stock ended the trade at Rs 556, higher by 0.15 per cent on NSE. The stock touched an intra-day high at Rs 560 during the trade.

Essar Oil 

Essar Oil's delisting today got through as the markets regulator Sebi gave its go-ahead to the stock exchange BSE to accept nearly 2 crore shares tendered by the state-run LIC for the promoters' buyout offer, reports PTI.

The stock ended the trade at Rs 254.10, higher by 5.87 per cent on BSE. The stock touched an intra-day high and 52-week high at Rs 255.40 during the trade.

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