 "Stock Alert: IIFL Finance, NTPC, Reliance Infra, IDBI Bank, Joythy Labs")
Aarti Industries , Biocon, Birla Soft, Chambal Fertilisers and Chemicals, Gujarat National Fertilisers and Chemicals (GNFC), Granules India, LIC Housing Finance, National Aluminium, Oracle Financial Services, Punjab National Bank (PNB), SAIL.
Stocks to watch:
IIFL Finance said that the RBI lifted its restrictions imposed in March on gold loans businesses. The company can now resume sanctioning, disbursal, assignment, securitisation, and sale of gold loans.
NTPC received investment approval for Darlipali Project at an estimated cost of Rs 11,131 crore and received investment approval for Sipat project at an estimated cost of Rs 9,791 crore.
Reliance Infrastructure board approved raising up to Rs 3,014 crore via preferential issue of shares. It will also seek shareholders nod to raise another Rs 3,000 crore.
Power Grid Corporation of India was declared a successful bidder for the Khavda Transmission project in Gujarat.
Also Read
Jyothy Labs acquired laundry services brand Quiclo from Smartwash Solutions along with its software and customer database for Rs 70 lakh to strengthen its laundry business and customer base in Hyderabad.
Sandur Manganese has received consent from Karnataka pollution board for operations of the companys manganese and iron ore mines for the enhancement of manganese ore production from current 0.43MTPA to 0.55 MTPA.
EMS' board approved raising up to Rs 400 crore via Qualified Institutional Placement (QIP).
Powered by Capital Market - Live News
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)