Graphit India | Sun Pharma | Future Supply Chain | SBI | Abott India | HeidelbergCement India | Sobha | Future Enterprises and aviation stocks are in the news today.
Here are some stocks that are in the news today:
Sun Pharma: Company's Halol facility classified as official action indicates. Halol plant was inspected from Dec 3-13 and issued 8 observations.
Grasim Industries board meeting on April 1 to consider NCD worth Rs 1000 crore
IDBI Bank withdraw issue of Basel III Compliant Tier 2 Bonds for aggregate total issue size of Rs 1 000 crore
Future Retail - S&P Global Inc revised rating of USD Denominated Notes to B- from BB-
Lupin and Mylan announce positive European Medicines Agency opinion recommending approval of Nepexto, Biosimilar Etanercept
Future Supply Chain - CARE Ratings revised rating of NCDs to A+; credit watch with negative implications
Graphit India - ICRA reaffirmed the long term rating for Rs 1,000 crore Line of Credit for working capital of the company at AA+; outlook revised from stable to negative
Future Enterprises - CARE ratings revised Long-term Bank Facilities - Term Loan rating to CARE A
Godawari Power - All the manufacturing and other operations of the company’s subsidiary Ardent Steels, Odisha closed temporarily
SBI - IAG International Pty completed transfer of entire shareholding in SBI General to Napean Opportunities LLP and Honey Wheat Investment
SBI reduces repo linked lending rate to 6.65% from 7.40% w.e.f April 1 - CNBC-TV18
HIL - ICRA reaffirmed AA+- to the Long Term / Short Term facilities of Rs 225 crore and A1+ t othe commercial paper of Rs 75 crore
Manappuram Finance - Fitch placed BB- as Long-Term Issuer Default Ratings (IDR), with Rating Watch Negative
IIFL Finance - Fitch Ratings has revised the Long-Term Issuer Default Rating to B+ from BB- assigned to India Infoline Finance
IndusInd Bank - CRISIL reaffirmed the Credit Ratings on the Fixed Deposits / Certificates of Deposits / Debt Instruments of the bank
Motherson Sumi Systems - Moody’s Investors Service has assigned Ba1 corporate family rating
Muthoot Finance - Fitch Ratings as revised company's Long-Term Issuer Default Rating from ‘BB+’ Rating Outlook Stable to ‘BB’ Rating Watch Negative
SC allows sale of 10% of BS-IV unsold inventory for 10 days post lockdown- Ex-Delhi/NCR - CNBC-TV18
Abbott India: Receives approval for the test that can detect coronavirus in 5 minutes. The company will begin making said tests available to healthcare providers next week.
HeidelbergCement India: India Ratings reaffirmed long-term issuer rating as AA+/stable.
Sobha: All the offices and manufacturing units will remain closed until April 14 due to COVID-19.
Vishal Fabrics: Brickwork India revised rating on long term bank loans to A-/Stable from BBB+/Stable.
Avenue Supermarts: Company redeemed secured NCDs of Rs 100 crore, prior to redemption of September 2021.
Tata Power: JV Shuakhevi Hydro Power Project in Georgia commenced commercial production.
GHCL: Commercial paper of Rs 25 crore redeemed after making payment on the due date.
General Insurance Corporation: CARE reaffirmed claims-paying ability rating as AAA/Stable.