“Stocks In Focus Today 09-09-2021” – Investelite Research Axis Bank: The lender has raised $600 million via dollar denominated, unsecured, 4.10% Basel III compliant, additional tier 1 notes, it said in a regulatory filing. Hero MotorCorp: The group is set to cross ₹1,000 crore in exports and international revenue by FY22, an increase of 92%…
Continue Reading“Stocks In Focus Today 08-09-2021” – Investelite Research Banking stocks: India Ratings and Research has maintained a “stable” outlook on the overall banking sector for the rest of 2021-22 (April- March) on the back of continuing systemic support that has helped manage Covid-induced stress, strong capital and provision buffers. Cipla: The pharma company has requested…
Continue Reading“Stocks In Focus Today 07-09-2021” – Investelite Research Axis Bank: On the third anniversary of the Supreme Court verdict decriminalising homosexuality, the lender has announced a charter of policies and practices to create an inclusive environment for employees and customers belonging to the LGBTQIA+ community. BPCL: The divestment-bound oil company has created a separate platform…
Continue Reading“Stocks In Focus Today 06-09-2021” – Investelite Research Ashoka Buildcon: The company said it has received a contract worth ₹1,567.45 crore for upgrading a part of the national highway NH-19 in West Bengal. Bajaj Healthcare: The company has announced the launch of the API and formulation of 2-Deoxy-D-Glucose (2-DG), an antiviral drug used for treating…
Continue Reading“Stocks In Focus Today 03-09-2021” – Investelite Research Adani Green Energy: The company has raised $750 million through a green bond to fund the equity for its under construction projects, it said in a statement. IRB Infrastructure: The company has emerged as a preferred bidder for Chittoor-Thachur six laning highway hybrid annuity project in Tamil…
Continue Reading“Stocks In Focus Today 02-09-2021” – Investelite Research Aditya Birla Fashion and Retail: The company’s board has agreed to the raising of funds via issue of 4,000 unsecured rated, redeemable non-convertible debenture of face value of ₹10 lakh each on a private placement basis. Axis Bank: The Reserve Bank of India (RBI) has imposed a…
Continue Reading“Stocks In Focus Today 01-09-2021” – Investelite Research Aviation stocks: Indian airlines are expected to report a combined net loss of ₹250-260 billion in FY2022, and would require additional ₹450-470 billion between FY2022 and FY2024 to sustain operations, credit rating agency Icra said in a statement on Tuesday. Vijaya Diagnostic IPO: GMP and other details…
Continue ReadingHERE ARE THE STOCKS IN FOCUS TODAY 06-04-2021 Maruti Suzuki India | Maruti reported production of 1,72,433 vehicles in March 2021, against 92,540 vehicles produced in the corresponding period. Passenger vehicles production increased to 1,70,036 vehicles from 91,602 vehicles in the same period, the company said in its BSE filing. Trident | Trident in its…
Continue ReadingHERE ARE THE STOCKS IN FOCUS TODAY 01-03-2021 Reliance Industries | Strategic Business Ventures Ltd (RSBVL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), has acquired additional equity stake in its investee company skyTran Inc, the company announced on February 28. The additional equity stake were acquired by RSBVL for a consideration of $26.76…
Continue ReadingHERE ARE THE STOCKS IN FOCUS TODAY 08-02-2021 Results today | BPCL, Aditya Birla Fashion, Astrazeneca Pharma, Balkrishna Industries, Bombay Dyeing, Godrej Consumer Products, NMDC, Redington India, Sun Pharma Advanced Research Company, Sun TV Network, Torrent Pharmaceuticals, Usha Martin and Vakrangee were among 140 companies to announce their quarterly earnings. Britannia | The company reported…
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