Here are stocks that are in the focus today:
Results on August 9: Bharat Heavy Electricals Ltd, Bharat Petroleum Corporation Ltd, Britannia Industries Ltd, Cadila Healthcare Ltd, Century Plyboards (India) Ltd, Future Consumer Ltd, GAIL (India) Ltd, Gujarat Alkalies & Chemicals Ltd, Himatsingka Seide Ltd, Hindalco Industries Ltd, Honeywell Automation India Ltd, Inox Wind Ltd, ITD Cementation India Ltd, Jamna Auto Industries Ltd, Meghmani Organics Ltd, MRF Ltd, Narayana Hrudayalaya Ltd, Natco Pharma Ltd, NCC Ltd, New India Assurance Company Ltd, NHPC Ltd, Oil India Ltd, PC Jeweller Ltd, Pfizer Ltd, Reliance Communications Ltd, S H Kelkar & Company Ltd, Shipping Corporation of India Ltd, Shree Cement Ltd, Sobha Ltd, SpiceJet Ltd, Steel Authority of India Ltd, Sun TV Network Ltd, T.V. Today Network Ltd, Varroc Engineering Ltd
DHFL: Company said payment obligations falling due in the near future may not be met on schedule, but it is committed to resolving issues related to a liquidity crisis and making best efforts to work out a resolution plan.
Bodal Chemicals: Company acquired 80 percent stake in SEN-ER Boya Kimya Tekstil Sanayi VE Ticaret Ltd. STI. by entering the share sale and transfer agreement.
Marico: Company will further invest in Revolutionary Fitness Private Limited and will increase stake in same to 37 percent.
HCL Technologies: UK subsidiary makes a minority investment in OM Mobile Ventures (doing business as Kalido), headquartered in London.
Indostar Capital Finance: Company approved the appointment of Amol Joshi as the CFO.
Alphageo (India): CRISIL revised long term credit rating to BBB+/Watch Developing, from BBB+/Stable.
Cochin Shipyard: Company launched two Ro Pax vessels designed and built for Inland Waterways Authority of India.
SBI: Term of office of Dinesh Kumar Khara, MD, extended by two years with immediate effect.
IDBI Bank: Bank to cut MCLR on most tenures by 5-15 bps from August 12.
Oriental Bank of Commerce: Bank to cut MCLR across tenures by 5-10 bps from August 10.
GMR Infrastructure: Board approves raising up to Rs 2,500 crore via equity, debt.
Wipro: Company partners with Camunda to offer workflow automation platform.
NBFC: The government is likely to come up with some relief measures on sectors like the non-banking financial companies (NBFCs).
Marico will further invest in Revolutionary Fitness and will increase stake to 37 percent
Lakshmi Vilas Bank is working in close co-operation with Indiabulls Housing Finance to ensure all regulatory approvals are received at the earliest
8K Miles Software Services stated that the company has entered into new projects
Jamna Auto Industries has made changes in production schedule at a1l its plants. The plants may not run or partially run on all working days in August 2019.
Care Ratings has downgraded its rating on Long Term Bank Facilities and Non-Convertible Debentures rating of Vodafone Idea to CARE A from CARE A+, with a negative outlook.
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Source – MoneyControl