Monday, 18 December 2017

Camson Bio & Bharti Airtel Up more than 5%@HighLight Update

Bharti Airtel :The stock opened on a negative note and slided more than 6% in today’s trade session. The stock also fell steeply as the government suspends company’s e-KYC licence.

The shares of Bharti Airtel fell today after the company said that Unique Identification Authority of India has served an interim order to the company and subsidiary Airtel Payments Bank. The order directs suspension of the e-KYC licence key of the company and its subsidiary, effective immediately.

The company said that it will engage with the Unique Identification Authority of India to resolve the matter at the earliest.

Camson Bio :Camson Bio Technologies (Camson) currently trading at Rs 20.35, up by Rs 0.95 or 4.9% from its previous closing of Rs 19.4 on the BSE.

Camson has entered into a Joint Venture Agreement (JVA) with Krishi Rasayan (KR), an entity based in Kolkata a part of Krishi Rasayan Group. Both the Joint Venture Partners will hold 50% stake each in the Joint Venture Company (JVC) with Camson bringing the technology as its part. The newly formed entity will set up a state of the art manufacturing facility, going forward.

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