Stocks to watch out for on Wednesday
Here are the stocks to watch out for on Wednesday.
Merck: German drug maker Merck is looking to sell its USD 1 billion global consumer health business, including that in India.
Bharat Financial Inclusion: The Reserve Bank has restricted foreign investors from buying more shares in non-banking finance company Bharat Financial Inclusion after the allowed investment limit reached the ceiling, reported a leading business daily.
HCL Technologies: HCL Technologies acquired 100% stake in U.K.-based ETL Factory Ltd. for 7 million pounds
Bhart Airtel: Bharti Airtel’s USD 500 million (Rs 3206 crore) bid to grab digital media rights of the Indian Premier League (IPL) cricket tournament indicates the intent to take on Reliance Jio Infocomm on the content and digital services front, reported a leading business daily.
MRF: Tyre major MRF has recently released the Perfinza range of luxury and premium tyres. Perfinza will have cricketing star AB de Villiers as its global brand ambassador.