Stocks in news: Greaves Cotton, Biocon, Tata Motors, Hyundai, Cipla

Markets gained nearly 1% last week, marking the second consecutive week of advances amid mixed cues. In today's trade, shares of Greaves Cotton, Biocon, Tata Motors, Hyundai, Cipla among others will be in focus due to various news developments.

Eicher Motors
Eicher Motors shares will be in focus as the reported total sales of Royal Enfield stood at 82,257 units in the month of November.

Greaves Cotton
The Board of Greaves Cotton has approved the initial public offering (IPO) of its subsidiary, Greaves Electric Mobility, which will be a mix of fresh equity sale and an OFS.


Biocon
The USFDA has approved Biocon arm Biocon Biologics’ YESINTEK, a monoclonal antibody that is used to treat Crohn’s disease, ulcerative colitis, plaque psoriasis and psoriatic arthritis.

Tata Motors
Tata Motors reported a marginal rise in total sales at 74,753 units, which domestic sales came in at 73,246 units in November.

Hyundai Motor India
Hyundai India's total sales fell 7% to 61,252 units, which domestic sales stood at 48,246 units in November.

Maruti Suzuki
Maruti Suzuki reported total sales at 1.81 lakh units in November. Domestic sales for the same period stood at 1.53 lakh units.

Cochin Shipyard
Cochin Shipyard signed a contract worth Rs 1,000 crore with the Ministry of Defence for Short Refit and Dry Docking of a Large Indian Naval Vessel.

Home First Finance
Home First Finance is expected to see a block deal on Monday worth Rs 1,267 crore where 14.7% stake is likely to be on offer, according to reports.

Cipla
Shares of drugmaker Cipla are expected to be in focus today as the company's promoters could sell up to 1.72% stake in the company via block deals.