Sunday, November 22, 2020

Stock to Watch Today - 23.11.2020

Stock to Watch Today - Rupeedesk Reports : 23.11.2020


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Stock to Watch Today - Rupeedesk Reports : 23.11.2020
Stock to Watch Today - Rupeedesk Reports
Stock to Watch Today - Rupeedesk Reports : 23.11.2020

Stocks in the news | RIL, Axis Bank, Zee Learn, Lakshmi Vilas Bank, Sun Pharma, IRCTC
TD Power Systems, Trident, Private Banks, Punjab National Bank, Mangalore Chemicals & Fertilizers, TRF, HFCL, South Indian Bank, IIFL Securities, Jump Networks, Filatex India, Ashok Leyland, Astron Paper & Board Mill, are also among the stocks in focus today.

Reliance Industries | Competition Commission of India approved Future Retail & Reliance Retail deal.

TD Power Systems | ICICI Prudential Asset Management Company A/C PMS sold 1,73,833 equity shares in company at Rs 131.3 per share on the NSE.

Trident | Trident Group acquired 6 crore equity shares of the company at Rs 7.9 per share on the NSE. However, Rainbow Integrated Texpark LLP sold shares at the same price.

Private Banks | RBI released panel report on ownership and governance norms of private banks.

Punjab National Bank | ICRA revised rating on bank's Basel III Compliant Tier II bonds to AA (hyb) (Stable) from AA- (hyb) (Stable).

Mangalore Chemicals & Fertilizers | Promoter entity Zuari Global acquired 1 lakh equity shares of the company.

TRF | Board approved sale of the entire stake held by Dutch Lanka Trailer Manufacturers (a step down wholly owned subsidiary of the company), in Tata International DLT (TIDLT), a 50|50 joint venture (JV) company of Tata International and Dutch Lanka Trailer Manufacturers.

HFCL | Promoter entity MN Ventures acquired additional 5 lakh equity shares in company via open market transaction.

South Indian Bank | Bank will acquire 6.67 percent shareholding in IBBIC through acquisition of 50,000 equity shares at Rs 5 lakh, which will be completed by December.

Axis Bank | Bank will acquire 6.67 percent shareholding in IBBIC through acquisition of 50,000 equity shares at Rs 5 lakh, which will be completed by December.

Zee Learn | Promoter entity Asian Satellite Broadcast's shareholding in company reduced to 7.63 percent from 10.84 percent earlier

Lakshmi Vilas Bank | CARE revised rating on bank's unsecured redeemable non-convertible subordinated Lower Tier II bonds to BB- (Under Credit Watch with Developing Implications, from BB-/Negative.

IIFL Securities | Board approved buy-back of equity shares of the company; selling / disposing / leasing of asset(s) of the material subsidiary (ies); and resignation of Mohan Radhakrishnan as Executive Director & Chief Compliance Officer.

Sun Pharmaceutical Industries | Promoter entity Shanghvi Finance Pvt Ltd pledged 41 lakh equity shares of the company.

Jump Networks | Company reported profit at Rs 6.1 crore in Q2FY21 compared to loss Rs 6.45 crore, revenue increased to Rs 34.3 crore from Rs 9.96 crore YoY.

Filatex India | Nouvelle Securities increased stake in the company to 5.17 percent from 4.97 percent earlier.

Ashok Leyland | Board approved the introduction of Voluntary Retirement Scheme (VRS) for all eligible employees of the company. Company has incorporated a wholly owned subsidiary 'Vishwa Buses and Coaches Limited'.

Astron Paper & Board Mill | Promoter entity Asian Granito India released pledge on 10 lakh equity shares.

IRCTC | Government appointed Crawford Bayley & Co., as Legal Advisor for disinvestment of paid up equity capital of IRCTC through offer for sale.

BEML Gets Additional Order Worth `501 Cr For Mumbai Metro.

Indiabulls Housing Finance | Board approves appointment of Dinabandhu Mohapatra as Independent Director of the company for three years.

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