Here are stocks that are in the news today:

Fortis Healthcare: Yes Bank sells 2.13 percent stake of the company in various tranches.

NTPC: Unit 6 of 500 MW capacity of Feroze Gandhi Unchahar Thermal Power Station has been synchronized with grid after boiler restoration.

J Kumar Infraprojects: Company bags order worth Rs 1,349 crore from NHAI.

Bosch: Shareholders passed the special resolution through Postal Ballot for buyback of equity shares of the company.

Welspun Enterprises: Company completed its transaction for sale of balance 13 percent stake in Dewas Bhopal Road Corridor Private Limited with India Infrastructure Fund-II and has received consideration of Rs 57.7 crore. With this, the company has completely divested its 50 percent stake in Dewas Bhopal Road Corridor Private Limited for a total consideration of Rs 184.1 crore as against its fund infusion of Rs 85.4 crore.

Paushak: CRISIL assigned an A-/Stable rating for the long-term bank facilities of the company.

TRAI sets the maximum retail price of pay TV channels offered by broadcasters – CNBC-TV18.

Piramal Enterprises: Board approved an amendment to the terms of non-convertible debentures by modifying rating trigger threshold from ‘A+’ to ‘BBB+’. Board will also consider the bond issue on Dec. 21 of up to Rs 3,000 crore.

IDFC Bank: Sets December 31 as record date for determining the shareholders of Capital First who shall be entitled to receive shares of the bank as consideration to the scheme of amalgamation of Capital First and its two arms with IDFC Bank.

Karnataka Bank: Tied up with Paisabazaar.com to offer Bank’s home loan products to customers.

Mahindra & Mahindra Financial Services: Board to meet on December 21 to consider issuing non-convertible debentures with a shelf limit of Rs 10,000 crore.

Yes Bank: Bank said that it sold 2.13 percent stake in Fortis Healthcare. The bank had been selling the shares of the healthcare company in various tranches.

PVR: Board said it was considering raising funds on December 21.

Lemon Tree Hotels: Company signed license agreement for 69 room property in Pune. This hotel is expected to be operational by March next year.

Dr Reddy’s Labs: Gets Tentative US FDA Nod For Sapropterin Dihydrochloride

Commercial Engineers: Bags wagon order worth Rs 152.3 crore

Majesco says Bajaj Allianz selects Co’s distribution management for Incentive & Reward Management

Mindtree gets shareholders’ nod for re-appointment of NS Parthasarathy as Executive Vice Chairman

Glenmark Pharma announces entry into branded dermatology segment in the USA

Bulk Deals on December 18

Godha Cabcon and Insulation: Mark Corporate Advisors sold 72,000 shares of the company at Rs 30 per share on the NSE.

Analyst or Board Meet/Briefings

Vikas Proppant & Granite: Board meeting is scheduled on December 28 to consider allotment of 32,50,00,000 shares to the proposed allottees (promoters and qualified investors) on preferential basis and to appoint Ashu Garg as an Independent Director of the company.

Container Corporation of India: Company’s officials will be meeting PhillipCapital (India) and IDFC Securities on December 19.

Vadilal Industries: Board meeting is scheduled on December 24 to consider the Limited Review Report of the statutory auditors for September 2018 quarter financial results.

Meera Industries: Board meeting is scheduled on December 21 to consider a proposal of fundraising options & fix the date, time & venue of Extra Ordinary General Meeting of the shareholders.

Shoppers Stop: Company’s officials will be meeting Kaustav Bubna of Rare Enterprises, Rahul Jagwani of SKS Capital, Chintan Desai of Param Capital, Aman Chowhan of Abakkus Ltd, Nirav Savai of JM Financial Services, Love Shah of Brescon Ltd, Pratik Singhania of Sage One Capital and Ankit Babel of Subhkam Capital on December 19.

Blue Star: Company’s officials will be meeting IndiaNivesh Securities on December 20.

PVR: Board meeting is scheduled on December 21 to consider raising of funds.

Mishra Dhatu Nigam: Analysts and Investors visit to the company is scheduled on December 21.

Aurionpro Solutions: Officials of the company will be meeting investors and analysts (participants) on December 19.

Piramal Enterprises: Administrative Committee of the board of directors of the company will be held on December 21 to consider the issue of secured non-convertible debentures on private placement basis.

Get The Latest Stock Updates, Equity Tips, Share Market Tips, Stock Market Tips, Intraday Tips  @ Investelite Research

Leave a Reply