Sunday, September 30, 2018

Top stocks in focus: Bandhan Bank, Auto stocks, Vakrangee

Bandhan Bank  stock will be in focus as RBI froze remuneration of MD and CEO till further notice.

Automobile stocks will be in focus as companies will report their September sales data.

Vakrangee got an order from the Ministry of Corporate Affairs for inspection of books of accounts for three financial years.

Bharti Airtel clarified that the company on its own or through its subsidiary companies keeps on evaluating various opportunities of fund raising as per its requirement in ordinary course of business.

Indian Hotels emerged as a successful bidder for Hotel Taj Mansingh, New Delhi.

Ajanta Pharma has received USFDA approval for Ranitidine HCL.

Infibeam Avenues claimed that the company had given interest free unsecured loan to its wholly owned subsidiary NSI Infinium Global. The loan is short-term loan and are repayable on demand.

Engineers India has received an order over Rs5,000cr from HPCL Rajasthan.

KKR, Blackstone said to show interest in $3bn Shriram deal, as per a media report.

PNGRB has fixed the final initial unit natural gas pipeline tariff for Gujarat State Petronet’s High Pressure Gujarat Gas Grid and Low Pressure Gujarat Gas Grid Network.

GBL Industries to divest 100% equity stake in the subsidiary company, which ceased to be a subsidiary company of GBL Industries.

BPCL received an approval from board for Rs 11,130 cr Kochi petchem project.

Kalpataru Power has received orders worth Rs1,145cr.

Tata Power’s  Coastal Gujarat Power (CGPL) has completed refinancing of ECB loans.

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