Top 10 stocks in focus today: Axis Bank, Idea, Coal India, IPCA Labs
axis Bank to raise Rs 11,625.8 crore via issue of equity shares and convertible warrants to Bain Capital and other investors. To raise Rs 9,063 crore via equity and remaining Rs 2,563 crore through warrants.
Amara Raja Batteries is aiming to be a Rs 10,000 crore entity in the next 2-3 years as the Hyderabad-based company clocks a solid double-digit growth in its automotive segment, as per media report.
Mcleod Russel to enter 50:50 stake joint venture with Greendale India (Subsidiary of Eveready Industries India) for development of packaged tea business.
IPCA Labs wins order for supply of anti-malarial medicines by the Global Fund Pooled Procurement Mechanism.
HSIL approves plan for demerger of retail and building products business.
Bank of Maharashtra receives SEBI nod to raise Rs 800 crore by way of QIP.
Jain Irrigation to consider IPO for its food subsidiary Jain Farm Fresh Foods in next fiscal year.
Technocraft Industries to buyback 28 lakh equity shares at a price of Rs 525 per share.
Petronet LNG drops plans to buy 25% stake in GSPC’s Mundra LNG Plant, as per media reports.L&T Q2 FY18 (YoY): PAT at Rs 1,820 Cr (+27%). Revenue at Rs 26,447 Cr (+6%).Coal India Q2 FY18 (YoY): PAT at Rs 369 Cr (-40%). Revenue at Rs 369 Cr (+12%).