Here are stocks that are in the news today:
Himachal Futuristic Communications (HFCL): Board approved the proposal of enhancing the additional manufacturing capacity of optical fibre cable (OFC) at Hyderabad from 7 million Fibre Kilometer (FKM) to 10.5 million FKM where the company is already setting up optical fibre (OF) and OFC manufacturing facilities.
HFCL: Board approved redemption of 60,37,500, 6.5% cumulative redeemable preference shares (CRPS) of Rs 100 each at par aggregating to Rs 60.38 crore as per the terms of CRPS.
VST Tillers and Tractors: The Malur unit will be closed on January 8 and 9 due to the impact of strike and power shut down by BESCOM.
Bandhan Bank: Board approved amalgamation of Gruh Finance, subsidiary of HDFC, into the bank.
TCS: Central Bank of Kuwait modernised its technology platform with TCS BaNCS.
Endurance Technologies: Subsidiary Endurance Overseas Srl., Italy and the special purpose vehicle for strategic overseas investments, acquired entire equity stake in Fonpresmetal Gap SpA (Fonpresmetal), an aluminum die casting company in Italy.
National Peroxide: Board approved the appointment of Conrad David Fernandes as Chief Financial Officer and Shailesh Chauhan ceased to be the Chief Financial Officer.
Indostar Capital Finance: Board approved allotment of 2,500 Series XXXII Rated, Secured, Unlisted, Redeemable, Non-Convertible Debentures of face value of Rs 10 lakh each, for cash at par, on private placement basis, aggregating to Rs 250 crore.
Jagran Prakashan: CRISIL assigned long term rating of AA+/Stable for non-convertible debentures worth Rs 300 crore.
Rane Brake Lining: ICRA reaffirmed - for the Rs 165.32 crore line of credit - long term rating at AA- with outlook stable.
PIX Transmissions: CARE upgraded its rating to an A- rating from BBB+ for long-term bank facilities and A2+ rating for short-term facilities has been reaffirmed .
Omaxe: CARE revised its rating to BBB-/Negative from BBB-/Stable for long term bank facilities.
Trident: Company fixed record date for the purpose of third interim dividend for the financial year 2018-19, if declared by the board in its meeting scheduled to be held on January 15, 2019.
Prabhat Dairy: Company entered into animal nutrition business.
Punjab National Bank: Government amalgamated Madhya Bihar Gramin Bank and Bihar Gramin Bank to become Dakshin Bihar Gramin Bank in Bihar while Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank will be merged to become Punjab Gramin Bank in Punjab.
Alliance Integrated Metaliks: Sanjiv Bhasin, Director resigned from the board and all committees of board, due to personal and unavoidable circumstances.
Fedders Electric and Engineering: Satya Narayan Gupta has resigned as the Non- Executive Independent Director of the company due to personal reasons.
Insecticides India: Government of India, The Patent Office has granted the patent for an Insecticidal Combination of 'Diafenthiuron and Acetamiprid in Wettable Power Form' for 20 years.
Sadbhav Infrastructure Project: Toll revenue received from 10 operational SPVs (apart from NSEL which is an annuity project) have increased by approximately 6.2 percent to Rs 275.76 crore in Q3FY19 from Rs 259.78 crore in Q3FY18.
We provide you sure shot Commodity & Equity Market Tips, Intraday tips, share market tips, Mcx bullion tips, Mcx tips, Crude tips, Stock tips, Future and Cash tips with Technical & Fundamental Research.
Visit: www.ripplesadvisory.com
Contact us @ +91-9644405056
No comments:
Post a Comment