Top 5 stocks in Focus on September 11: Reliance Home Finance, Sun Pharma to Balrampur Chini; here are the 5 newsmakers of the day

Sensex tumbled by 467.65 points and Nifty 50 also saw a fall of 151 points on Monday. But there were certain stocks that came in the news after the market was closed on the day for trading and can have an impact on the market on September 11, 2018. Here is the list of such stocks: 

Reliance Home Finance: The company has posted its Quarter 1 results and reported its revenue from operations as Rs 404 crore and the net profit after tax at Rs 48 crore. 

Jaiprakash Associates: ICICI Bank has filed a bankruptcy petition against debt-ridden Jaiprakash Associates with the Allahabad Bench of the National Company Law Tribunal (NCLT). The petition, under Section 7 of the Insolvency and Bankruptcy Code, will formally initiate insolvency proceedings against the company.

BSE, PTC India Limited & ICICI Bank: The three organisations have filed a petition with the power market regulator, Central Electricity Regulatory Commission (CERC), for grant of license for setting up a new power exchange. 

Sun Pharma: One of the wholly-owned subsidiaries of the company has agreed to acquire shares of Tarsius Pharma, Israel by the way of subscription of 3,45,622 ordinary shares representing 18.75 per cent of shares of Tarsius, on a fully diluted basis.

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Balrampur Chini Mills Ltd.: Morgan Stanley France SAS has sold 14.8 lakh shares or 0.63 per cent equity of Balrampur Chini at Rs 78.32 apiece on the NSE.