Stocks in the news: Infosys, Adani Enterprises, Hero Moto, UPL and Auro Pharma

Nifty futures on the Singapore Exchange traded 51 points, or 0.29 per cent higher at 17,619.5, signaling that Dalal Street was headed for a positive start on Friday. Here are a dozen stocks which may buzz the most in today's trade:

Infosys: The IT major has completed the acquisition of Europe-based life sciences consulting and technology firm BASE life science, which will further expands Infosys' footprint in the Nordics region and will bring domain experts with commercial, medical, digital marketing, clinical, regulatory, and quality knowhow.

Hero MotoCorp: The two wheeler major reported a 1.92 per cent increase in total sales at 4,62,608 units in August 2022. The company had sold 4,53,879 units in the year-ago period.

UPL: UPL Corporation, the flagship company of UPL for global operations, announced that its Board of Directors has appointed Mike Frank as the Chief Executive Officer (CEO) of UPL’s Global Crop Protection (CP) business that manages all CP assets outside of India. Mike will be a member of the UPL Crop Protection Board of Directors.

Adani Enterprises: The Adani Group firm will replace Shree Cement from National Stock Exchange's benchmark index Nifty 50 from September 30. Adani Enterprises is the flagship company of Adani Group and Shree Cement is the leading cement-making firm. The Index Maintenance Sub-Committe has decided to make the changes as a part of its periodic review.

Eicher Motors: The motorcycle maker Royal Enfield reported a 53 per cent increase in total sales at 70,112 units in August, 2022. The company had sold 45,860 units in the same month last year.

Aurobindo Pharma: The drug maker's wholly-owned arm, CuraTeQ Biologics, plans to invest around Rs 300 crore on capacity expansion of biologics manufacturing facilities. The board of CuraTeQ Biologics approved the expansion of its operations by establishing another mammalian cell culture manufacturing facility of higher capacity.

Bharat Electronics: Dinesh Kumar Batra, Director (Finance) & CFO, has taken additional charge as chairman and managing director (CMD) of navratna defence PSU.. As director (Finance) & CFO, Batra steered BEL to achieve its highest ever turnover of Rs 15,044 crore and Profit After Tax (PAT) of Rs 2,349 crore in FY 2021-22.

Krishna Institute of Medical Sciences: General Atlantic Singapore offloaded 16.60 lakh shares of hospital chain at an average price of Rs 1,230 apiece for Rs 204.18 crore through an open market transaction, according to NSE's bulk deal data. Emerald Investments picked up 15,70,000 shares at the same price.

Indian Bank: The state run lender has revised the marginal cost of funds-based lending rates (MCLR) by 0.10 per cent to 7.75 per cent across tenors from Saturday, which will make most of the consumer loans costlier. It has also revised the lending rates benchmarked on treasury bills.

GMR Power and Urban Infra: The arm of GMR Enterprises said that its board has given a go-ahead to raise up to Rs 3,000 crore via issuance of securities. The approval was accorded in the board meeting held on Thursday.

Ramco Systems: The enterprise aviation software provider announced that its US subsidiary Ramco Systems Defense and Security Incorporated has received contract from General Atomics Aeronautical Systems. Ramco will implement its Aviation M&E MRO Suite V5.9 for GA-ASI’s SkyGuardian Global Support Solutions program.

GMDC: The state-run minerals firm said it is contemplating to conduct a study to determine the economic viability of setting up a rare earth elements processing unit in Gujarat. Rare-earth elements also known as rare-earth metals are crucial to developing green energy technologies like permanent magnets for electric vehicles and wind turbines and LEDs.

SJVN: The state-owned utility firm evinced interest to develop 5,000 MW of renewable energy projects in Punjab. SJVN Chairman & Managing Director Nand Lal Sharma met Punjab Chief Minister Bhagwant Mann at Chandigarh and expressed keen interest in developing 5,000 MW renewable energy projects in the state.

SIS: The commercial services provider's a subsidiary, SIS Australia Group, has signed share purchase agreement for acquisition of 85 per cent shareholding in Safety Direct Solutions which provides critical risk management, medical and training services. The company will complete transaction by September 30 for AUD 5 million.

Olectra Greentech: The electric mobility firm said its board has approved a plan to raise up to Rs 800 crore through issuance of securities. The company is looking to raise the amount through issuance of equity shares and/or through sale of securities convertible into equity shares.