Top 11 stocks in focus today: Yes Bank, RCom, Swaraj Engines
Camlin Fine Sciences to allot 1.72cr equity shares at Rs87 each via QIP.
Banking stocks in focus today. The amendment to the Insolvency and Bankruptcy Code (IBC) that bars promoters from bidding for their own distressed companies could impact lenders, as it would bring down the value of these assets.
Skipper Board has given in-principal approval to form a Joint Venture (JV) with Israel-based MetzerPlas Cooperative Agricultural Organization, which is among the largest manufacturers of Drip Irrigation Solutions.
Swaraj Engines to consider buyback on November 28.
Jwalamukhi Investment Holdings sold 12.11 lakh shares or 1.3% equity stake at Rs1446.05 each of AIA Engineering.
Indian Bank has received SEBI approval to raise funds.
Promoter DHG Marketing bought 1.29 lakh shares or 0.8% equity stake at Rs811.76 each of Steel Strips Wheels.
CG Power and Industrial Solutions has bagged an order worth Rs111cr from Indian Railways.
Cox & Kings-owned Meininger Hotels and Peter Simmel signed an agreement for a hotel in Dresden. The 165 rooms and 639 beds hotel is scheduled to open in the second quarter of 2021.
Shares of Reliance Communications in focus today on media report – Bharti Airtel and Reliance Jio Infocomm are in the fray to buy select spectrum and equipment of the company.