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Last Updated : Sep 26, 2016 08:20 AM IST | Source:

Stocks to watch: L&T, IFCI, GAIL, Brigade, GNA Axles, IL&FS Engg

L&T | Tata Power | GAIL | JM Financial | IL&FS Engineering | IFCI | Ujaas Energy | Brigade Enterprises | Indo Amines | GOCL Corporation | KNR Constructions | Piramal Enterprises | Asian Oilfield Services | Tamilnadu Steel Tubes | Canara Bank and Rain Industries are stocks, which will be in the news on Monday.

  • bselive
  • nselive
Todays L/H

Here are stocks that will be in news on Monday:

-Gets shareholder nod to appoint SN Subramanyan as deputy MD & president
-Gets shareholder nod to raise funds via bonds or qualified institutional placement (QIP) for up to Rs 3,600 crore
-Gets shareholder nod to issue non-convertible debentures (NCDs) of up to Rs 6,000 crore

Canara Bank
-To issue foreign currency bonds worth USD 500 million
-To raise additional equity of up to Rs 1,128 crore via rights issue

Rain Industries
-Commenced operations at waste heat recovery based power plant
-Power plant project completed at cost of Rs 70 crore


Oriental Bank of Commerce consortium
-Seek IndiGo & Go Air payments to Airbus
-Seeks pre-delivery payment by Go Air & IndiGo to be deposited to consortium
-Consortium has already attached Rs 196 crore of Kingfisher Airlines
-Go Air & IndiGo file objections to OBC's interlocutory application

Yes Bank on QIP withdrawal
-Deferred QIP due to market conditions
-Company victim of market circumstances
-Confident that proposed QIP will be consummated sooner than later

Supreme Court
-Directs RBI, Finance Ministry, SEBI to probe IFCI's MCX-SX stake buy
-Directs RBI, Finance Ministry, SEBI to probe IFCI's exposure to Satyam

Essar Power
-Essar Power loses coal mine for failing to clear payment: ET
-Company has also been barred from bidding in coal block auctions for a year

Department of Telecom
-Release list of final bidders for auctions;
-All 7 telecom companies eligible

Dilip Buildcon
-Bags order worth Rs613cr from NHAI to be completed within 30 months
-Bags order worth Rs350cr from MORTH (Ministry of Road Transport and Highways) to be completed within 24 months

Other stocks and sectors that will be in news on Monday:
-Listing: GNA Axles
-IL&FS Engineering gets shareholder nod to issue securities up to Rs 500 crore
-JM Financial board approves allotment of 6.25 lakh equity shares worth Rs 79.2 crore
-Tata Power's plan to sell Indonesian arms hits valuation hurdle: BS
-Blackstone, DLF, RMZ could take REIT route soon: BS
-Ujaas Energy seeks shareholder nod to offer securities of up to Rs 500 crore via foreign currency convertible bonds (FCCBs)
-GAIL gets shareholder nod for private placement of securities
-Brigade Enterprises incorporates Brigade Hotel Ventures & Augusta Club as subsidiaries
-Indo Amines board to consider merging Classic Oil with company on October 4
-Dena Bank issued Basel III compliant Tier 2 bonds worth Rs 400 crore on September 20
-GOCL Corporation gets shareholder nod for issue of further capital
-KNR Constructions board to consider sub-division of shares on September 30
-Piramal Enterprises board to consider early redemption of NCDs on October 10
-Kwality promoter Sanjay Dhingra creates pledge on 2.97 percent stake
-Asian Oilfield Services board to consider options for raising funds including rights issue on September 28
-Tamilnadu Steel Tubes gets shareholder nod to borrow up to Rs 25 crore (market capitalisation Rs 28 crore as of September 23)
-Bharat Electronics ex date for buyback entitlement
-Wim Plast listing of bonus shares
-Birla Ericsson Optical name changed to Birla Cable
-Monte Carlo - ICRA upgrades long term rating from ICRA A+ to ICRA AA- and reaffirms short term rating of ICRA A1+
-Orient Cement - CARE reaffirms short term rating of CARE A1+
-Star Paper Mills - CARE reaffirms long term rating of CARE BB+ and short term rating of CARE A4+
-Suprajit Engineering & Phoenix Lamps gets shareholder approval for amalgamation of Phoenix Lamps with itself
-Vardhman Textiles approved buyback up to Rs720cr at max price of Rs1175 per share
-Power Mech received orders worth ~Rs145cr
-KSK Energy approved issue of securities and disposal of shares / assets held in subsidiaries
-RCF issued CP worth Rs200cr to HDFC Bank
-Nitesh Estates BM on 28 Sep to consider further issue of capital
-Dena Bank issues and allotted Rs400cr NCDs with rating of CARE AA-
-Technvision - Solix Announces Common Data Platform for Oracle Applications
-Autoline Industries BM on 28 Sep to consider preference shares
-Welspun India secures patent for “interactive textile article and augmented reality system”
-Shristi Infrastructure Development acquires 100% stake in Avarsekar Realty
-India Glycols approves issue of securities up to Rs250cr
-HCC & Adhunik Power - S4A scheme starts with HCC and Adhunik power
-FTIL tells shareholders,  never received any money from NSEL
-Shriram EPC - Debt rejig to give banks 30% stake in Shriram engineering unit
-Arvind steps into footwear retail
-ONGC board okays stake acquisition in GSPC gas block
-RCF to set up 1.3 mtpa urea plant in Iran
-Mahindra CIE looking for more acquisitions
-DLF Brands likely to lose Mango franchise

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First Published on Sep 24, 2016 11:58 am
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