HomeNewsBusinessStocksCoal India, SBI, Infosys, KEC Int'l to stay in focus today

Coal India, SBI, Infosys, KEC Int'l to stay in focus today

CNBC-TV18 analysts fish out stocks that can be in focus today either for the quarterly numbers or for company specific news. Find out the ideas and take a call for today's trade.

August 12, 2015 / 11:01 IST
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CNBC-TV18 analysts fish out stocks that can be in focus today either for the quarterly numbers or for company specific news. The following are the stocks which will remain in the news for the day:Infosys – Post the yuan devaluation, IT stocks are performing well. The best stock in the IT pack remains Infosys. It will be worth watching its run today.SBI- Post the mixed June earnings, 5 SBI accounts worth over Rs 6,200 crore are going to be refinanced under RBI’s 5:25 scheme. In addition, pipeline of 5:25 refinancing stands at over Rs 12,000 crore for the bank.Coal India- The Finance Ministry will seek Cabinet’s nod for the 10 percent stake sale in the company again. The ministry will circulate note of the Cabinet for the same. The government may garner over Rs 25,000 crore through this sale. There is a proposal to offload 10 percent of government’s stake in the company as part of a 3 year divestment roadmap. Appointment of merchant bankers, lawyers is possible by next week.KEC International- The company has bagged new order worth Rs 838 crore in transmission and distribution (T&D) and telecom cable businesses. The company’s orderbook now stands at Rs 10,537 crore. Watch video for rest of the stocks

first published: Aug 12, 2015 08:58 am

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