Wednesday, June 27, 2018

Top Stocks in focus today: Exide Industries, Tata Steel, Bank of Maharashtra, Karnataka Bank, Fortis

Exide Industries entered into a JV with Leclanche SA to build lithium-ion batteries.

Thyssenkrupp, Tata Steel are said closing in on JV Deal, as per news reports.

GMR Infra declared as selected bidder for development of a commercial port located at one of Vizag’s strategic nodes. Port will have initial capacity of 16 MT.

Fortis Healthcare to extend deadline for submission of bids.

Bank of Maharashtra clarifies it has an exposure of Rs96.52cr to DS Kulkarni. Meanwhile, CEO Ravindra Marathe was granted bail.

Karnataka Bank hikes deposit interest rates by 10 basis points to 7.35% across various tenors.

Mercator arm gets mining lease in Gujarat for 20 years; 23mn barrels of oil to be exploited.

India Ratings revised ratings for Shoppers Stop’s debt instruments.

63 Moons: NCLT stays order of appointing three directors on company’s board.

Relaxo Footwears looks for retail push to bridge gap with Bata India.

Allahabad Bank to raise up to Rs1,900cr.

Canara Bank to raise about Rs1,000cr through employee stock purchase scheme.

SBI to shut down nine foreign branches as part of rationalization.

DHFL mulls raising Rs12,000cr fund by via bond issue.

NCLAT declines to stay Electrosteel Steel's delisting.

Ex-Bonus: Prabhat Telecom 1:5 and Jyothy Lab 1:1

Talwalkars Lifestyles to be listed on both exchanges from June 29.

Puranik Builders files draft papers for Rs1000cr IPO.

Penver Products files IPO papers with SEBI.

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