Top stocks in focus today: PNB, IndusInd Bank, Yes Bank, Fortis Healthcare
These companies will be in focus during trade today based on recent and latest news developments.
Punjab National Bank (PNB) has uncovered additional exposure of about Rs942.18cr (USD145.27mn) to Asmi Jewellery of Gitanjali group, according to a court filing by the Central Bureau of Investigation, as per media reports. However, the bank has clarified has clarified that the amount of Rs942cr were the regular limits sanctioned to Geetanjali group under consortium lending.
Malaysia based IHH is likely to make a voluntary open offer for Fortis to buy non-promoter shares according to media reports. Yes Bank acquired 17.31% stake in Fortis Healthcare pursuant to an invocation of the pledge.
IndusInd Bank said the Reserve Bank has approved the merger of Bharat Financial Inclusion Limited with the bank.
NHAI has awarded to L&T one of the five packages of Rs 7,500cr Dwarka Expressway project in Haryana under the Bharatmala project, the government said.
IRB Infra, Modern Road emerge as the preferred bidder for NHDP project with the cost of Rs3,465cr.
L&T Finance Holdings successfully closes QIP of up to Rs1,000cr.
Tata Sons sells 3.1 cr shares at an average of Rs 2,874 per share of TCS.
Usha Martin clarifies has not been contacted by ED with respect to an investigation of granted loans.
BPCL to submit resolution plan for insolvent Nagarjuna oil by March 17.
HDFC Board will be meeting on March 16, 2018 to consider its dividend issue.