Top stocks in focus today: PNB, HDFC Bank, Ambuja, ACC, Coffee Day Enterprises
These companies will be in focus during trade today based on recent and latest news developments.
PNB reveals the possibility of additional fraud of Rs1,325cr in Nirav Modi case, as per media reports.
Ambuja Cements said that it is not pursuing the merger with ACC owing to some constraints. Meanwhile, the board approved an arrangement with ACC for the sale and purchase of materials and services.
HDFC Bank said that it will work closely with SEBI on information leakage.
RIL, BP’s Rs40,000cr investment plan in KG-D6 approved, as per media reports.
Promoter Malavika Hegde bought 55 lakh shares, or 2.6% equity at Rs324 each of Coffee Day Enterprises. KKR Mauritius Pe Investments II sold 1.25cr shares, or 5.9% equity at an average price of Rs324.45 each.
BNP Paribas Arbitrage bought 40.20 lakh shares, or 0.8% equity at Rs157.59 each of Fortis Healthcare. ECL Finance sold 41.95 lakh shares, or 0.8% equity at Rs155.81 each.
IDBI Bank sold 2.11 lakh shares, or 0.8% equity at Rs23.08 each of Punjab Alkalies & Chemicals.
Gujarat Sidhee Cement commissions 5.5 megawatt power plant.
Sagar Cements to acquire 4.3-megawatt hydel power projects for Rs26.9cr.
Indiabulls Real Estate seeks shareholders’ approval for divestment of stake in Indiabulls Properties.
Tata Steel opposes Liberty House plea to buy Bhushan Power assets, as per media reports.
Vedanta increases aluminium product prices by 1%, as per media report.
IMAX inks a new five-theatre agreement with PVR.
PFC inks MoUs with UP power utilities to provide financial assistance of Rs50,200cr, as per media reports.
Jain Irrigation subsidiary acquires 100% stake in Innova Food NV Belgium.
Mahindra & Mahindra collaborates with LG Chem to for Lio-on battery technology to support EV revolution in India
IOB approves preferential issue of shares to GoI up to Rs4694cr.