Here are the stocks that are in focus today:
Canara Bank: Board approves the sale of part or full stake in Can Fin Homes.
HCL Technologies and Cricket Australia announce a multi-year partnership
Adani Ports: Fitch affirms BBB- issuer rating, outlook stable.
Jain Irrigation: India Ratings cut Long Term Issuer Rating to BBB with an outlook at ‘Watch Negative’.
Adlabs Entertainment: Meghna Ghai Puri, Non-Executive Independent Director tendered her resignation from the directorship.
PNB – India rating downgraded Basel Ill Compliant Tier I Bonds ratings to IND A/Negative from IND A+/Negative
Sundaram Multi Pap: Company has received BB+ (Stable) credit rating from Brickwork Ratings India Private Limited.
SEBI: Recognised bourses can launch futures on commodity indices.
NDTV: Securities Appellate Tribunal stays SEBI’s order banning NDTV promoters from the securities market.
Sundaram Multi Pap received BB+ (Stable) credit rating from Brickwork Ratings India
IIFL Holdings: Company to mull approval of conditions for raising funds via NCDs up to Rs 500 crore.
NMDC – Total May productions of Iron Ore at 3.04MT and sales at 3.37 MT
HDFC Bank: RBI imposes a penalty of Rs 1 crore on the bank for non-compliance with directions on KYC norms & on reporting of frauds.
Chambal Fertilisers & Chemicals: CRISIL and ICRA assigned the rating of A1+ to the commercial paper program of the company for an enhanced amount of Rs 3,500 crore.
NLC India: The 100 MW Solar PV power plant at Kamuthi & K. Nedunkulam village, Ramanathapuram District, Tamilnadu, out of 709 MW solar power projects awarded by TANGEDCO has been successfully commissioned.
Khadim India: Company appointed Amit Kumar Gope as Head – Marketing.
Ashiana Housing: ICRA reaffirmed rating on non-convertible debentures.
Dabur India: CRISIL reaffirmed rating on long term bank facilities, short term bank facilities, commercial paper, non-convertible debentures.
Cochin Shipyard: Company entered into a long term wage settlement with its workmen which will be valid for 10 years.