Here are stocks that are in the focus today: IDBI Bank: RBI categorized IDBI Bank as a private sector bank for regulatory purposes with effect from January 21, 2019, consequent upon Life Insurance Corporation of India acquiring 51 percent of the total paid up equity share capital of the bank. Tide Water Oil (India): Board…Continue Reading
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These are the stocks in the focus today: DHFL: Brickwork Ratings India downgraded its rating on secured NCD of the company worth Rs 29,000 crore to AA (credit watch with negative implications) from AA+ (credit watch with developing implications), citing degrowth in business on account of inability to raise funds. Alok Industries: National Company Law…Continue Reading
Here Are Stocks That Are In The News Today: Wipro: Company to sell Workday & Cornerstone On Demand operations to Alight for $110 million. Bharti Airtel: The board meeting is scheduled on February 28 to consider The recommendations of ‘Special Committee of Directors for Fund Raising’ The proposal for raising of funds by issue of equity shares, bonds/debentures…Continue Reading
Here are stocks in focus today: Results on February 27: Metalyst Forgings, Nitin Fire Protection, Rain Industries, Vesuvius India, KSB, Merck. Max India: Board approves selling 51 percent stake in Max Bupa Health Insurance for Rs 510 crore to True North. Enterprise value Rs 1,001 crore and company to complete Max Bupa stake sale in…Continue Reading
Here are stocks in focus today: Results on February 26: Richa Industries, Sanofi India, Elantas Beck, Shailja Commercial Emco: Sanjay Bhatnagar tenders his resignation as Independent Director and resigned from all memberships of committees of company. Lupin: Company receives USFDA approval for Methylprednisolone tablets. Mastek: IDFC AMC Limited (investment manager of IDFC Mutual Fund) through…Continue Reading
Here are stocks that are in the news today: Results on February 25: JMT Auto, Khaitan India, Rollatainers, United Drilling Tools. NBFCs: RBI to merge 3 categories of NBFCs to create a new category called NBFC-ICC. Motilal Oswal, IIFL Holdings: SEBI declares commodity arms of Motilal Oswal, IIFL ‘not fit and proper’. IIFL Holdings clarification: SEBI order on IIFL Commodities has…Continue Reading
Here are the stocks that are in Focus today: Results Today: Tilaknagar Industries, CHPL Industries and Sang Froid Labs ING Mauritius Investments to further sell stake in Kotak Mahindra Bank Bank of Baroda to invest Rs 4,638 crore in equity of bank by way of preferential allotment SIS Australia Group Pty Ltd., a subsidiary of Security & Intelligence…Continue Reading
Here are stocks in Focus today: Results on February 21: Anik Industries, Gopal Iron & Steels PSU Banks: Government to infuse Rs 48,239 crore in 12 PSU banks – Rs 6,896 crore in Allahabad Bank, Rs 9,086 crore in Corporation Bank, Rs 4,638 crore in Bank Of India, Rs 205 crore in Bank of Maharashtra,…Continue Reading
Here are stocks in focus today: Results on February 20: Mahindra CIE Automotive, Mayur Leather Products, Metalyst Forgings, Rollatainers, Sang Froid Labs (India) Essel Propack: Company further received Rs 40 crore towards repayment of outstanding dues of Inter corporate deposit. It has already received Rs 25.30 crore in last month. The balance amount is expected…Continue Reading
Here are stocks that are in the news today: Results on February 19: Valecha Engineering, Asahi Industries, Linde India, Imec Services, Shailja Commercial Trade. Power Grid Corporation: Board accorded investment approval for ‘Northern Region System Strengthening – XL’ at an estimated cost of Rs 572.98 crore with commissioning schedule of 22 months from the date of…Continue Reading