Here are stocks that are in the news today:
Results on Wednesday: IndusInd Bank, Bajaj Corp, Delta Corp
Indian Bank: Board approved raising of capital funds by way of equity including Employees Share Purchase Scheme and / or AT1 and Tier 2 Bonds.
Transgene Biotek: United States of America granted patent on technology for oral delivery of insulin and insulin analogues.
NMDC: The board approved the proposal to buyback of not exceeding 10,20,40,815 equity shares (representing 3.23 percent of the total paid-up share capital) at a price of Rs 98 per equity share. Company fixed record date for buyback of equity shares as January 18.
Tata Steel: Total sales (provisional) in Q3FY19 fall to 6.77 million tonnes versus 7.36 million tonnes YoY.
Oriental Bank of Commerce: Bank sold 0.8425 percent equity stake in NSDL e-Governance Infrastructure out of 3.125 percent equity stake.
Oriental Bank of Commerce: Board approved the proposal for raising capital for an amount upto Rs 5,500 crore through issuance of equity shares to the government on preferential basis.
Kridhan Infra: Singapore Subsidiary Swee Hong wins order worth Rs 167 crore.
EID Parry
Cane crush for December at 7.17 LMT
Recovery at 10.38%
Sugar sold domestic 0.28 LMT
Sugar sold exports 0.14LMT
Power generation 531 LU
Power export 257 LU
PNC Infratech - CARE has reaffirmed credit rating on the bank facilities of PNC Rajasthan Highways
Vedanta - SC has passed an order to uphold the NGT's order dated December 15, 2018, allowing Vedanta to reopen its Copper Smelter at Tuticorin
Company approaching the state government for necessary approvals for restarting the smelter as per SC directions
PMC Fincorp: Vishnu Bhagwan Aggarwal, Director of the company has tendered his resignation.
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