Stocks in the news | Cipla, JSPL, JSW Steel, Hero Moto, KEC International, Power Grid, Muthoot Finance
Panacea Biotec, Snowman Logistics, KEC International, Power Grid and Muthoot Finance are some of the stocks which are in news today.
Central Bank of India | Capital Raising Committee approved the proposal for raising capital funds upto Rs 500 crore.
Union Bank | Bank issuing bonds of maximum Rs 1,500 crore on private placement basis.
Zuari Global | Company acquires 100% shares of Zuari Insurance Brokers from Zuari Finserv
Jindal Steel & Power | Company reports growth of 15% in standalone steel production at 6,14,000 tonnes in Nov 2020 versus 5,33,000 tonnes in a year ago period.
Cipla | Company settles litigation with Celgene Corporation.
MSTC | Acuite Ratings & Research reaffirmed rating od ACUITE A1+ to the long term and short term bank facilities.
Chalet Hotels | ICRA re-affirmes ICRA BBB+ in respect of Terms Loans, Long Term Fund Based Limits and ICRA A2 for Short Term Non-fund Based limits.
Zensar Tech | Company appoints Ajay Bhutoria as CEO & MD.
JSW Steel | ICRA changes JSW Steel's outlook to stable from negative.
eClerx | Company entered in to a share/membership interest purchase agreement to acquire 100% stake in Eclipse Global Holdings LLC.
Yes Bank | Bank has sold 15,00,000 equity shares of Sical logistics in various tranches.
Anjani Portland Cement | Income Tax Department carried out search at the registered office in Mumbai.
Ortel Communications | Kotak Mahindra Bank sold 2,22,204 shares of the company at an average price of Rs 0.95 in a bulk deal on NSE on December 11.
Panacea Biotec | Serum Institute of India sold 4,38,950 shares of the company at an average price of Rs 248.2 in a bulk deal on NSE.
Snowman Logistics | Adani Logistics sold 30,62,932 shares of the company at an average price of Rs 64.92 in a bulk deal on NSE.
Vikas Multicorp: Aviator Global Investment Fund bought 45,00,000 shares of the company at an average price of Rs 7.5 in a bulk deal on NSE.
Power Grid Corporation of India | Company has declared an interim dividend of Rs 5 per equity share.
KEC International |Company won new orders of Rs 1,438 crore.
S Chand and Company | Everstone Capital Partners II LLC sold 3,10,000 shares of the company at an average price of Rs 73.86 in a bulk deal on NSE.
Muthoot Finance | Moody's Investors Service affirmed corporate family rating Ba2 CFR and revised outlook to stable from negative.
Hero MotoCorp | Company donated three specially designed First Responder Vehicles (FRVs) to Prathmik Araogya Kendra at Katol & Narkhed in Nagpur, Maharashtra.
PIL Italica Lifestyle | Company is planning to start manufacturing of plastic crates and bins in various sizes and designs at the Silvassa plant.
Astral Poly Technik | Company started commercial production of plastic water storage tanks at manufacturing facility situated at Aurangabad.
