Stocks in the news | PNC Infratech, Wipro, Ceat, Dixon Technologies, IIFL Finance, Lupin Wendt, Dish TV India, Capital Trust, Maruti Suzuki, Kanpur Plastipack, Take Solutions, Archidply Industries, Ramco Systems, Sterling Tools, Saint-Gobain Sekurit India, are also among the stocks in focus today.
January 07, 2021 / 08:54 AM IST
Here is the list of stocks in the news today.
Wendt | Promoters to sell up to 4.74 percent stake in the company via offer for sale on January 7-8, floor price set at Rs 2,200 per share.
PNC Infratech | Axis MF acquired 22 lakh equity shares of the company at Rs 175 per share, Nippon India Mutual Fund 25 lakh shares at same price, BNP Paribas Arbitrage 20.8 lakh shares at same price, Fidelity Asian Values Plc 13,21,824 shares at same price and Fidelity Funds Asian Smaller Companies Pool 30,28,389 shares at same price. However, CN Infrabuild Private Limited sold entire 2,55,34,008 equity shares at Rs 175.12 per share on the BSE.
Dish TV India | 1.84 percent stake pledged by promoter entities Direct Media Distribution Ventures Pvt Ltd & Veena Investments Pvt Ltd has been invoked.
Wipro | The company will announce results for the December quarter on January 13.
Realty stocks in focus | Real estate stocks will be focus after Maharashtra cabinet cleared proposal to cut govt levies on real estate by 50 percent until December 31, 2021. It was decided at the meeting that as recommended by the Deepak Parekh Committee, a 50 percent discount will be given on all the various premiums levied by the state government on construction projects till 31.12.2021 and also concessions in the premiums levied by all planning authorities/local administrations at their level.
Capital Trust | Credit rating of the company and its subsidiary, Capital Trust Microfinance has been reaffirmed by CARE as BBB Negative and the outlook is stable.
Maruti Suzuki | The production in December 2020 increased to 1.55 lakh vehicles, from 1.15 lakh vehicles in same month last year.
Kanpur Plastipack | The company incorporated wholly-owned subsidiary (WOS) - Bright Choice Venture.
Take Solutions | CARE revised the credit rating of the company to BB+ (Issuer Rating) with Negative outlook, from BBB (Issuer Rating) with a Negative outlook.
Archidply Industries | Company has fixed January 19 as the record date for determining the entitlement and the names of the eligible shareholders / beneficial owners to whom the letter of offer will be sent and who will be eligible to participate in the buyback.
Ramco Systems | Company will implement its Aviation M&E MRO Suite v5.8 for America's Construction Helicopters Inc. (CHI Aviation), part of Heligroup Inc. and its four operating and three asset-holding entities in the US.
Sterling Tools | ICRA reaffirmed the long-term as well as short term credit ratings of the company.
Saint-Gobain Sekurit India | Company concluded the Scheme for its workmen and staff employees and the total financial impact under the Scheme for workmen and staff employees is Rs 1.56 crore towards the settlement under the Scheme. (Image: saint-gobain.co.in)
Ceat | CARE reaffirmed the credit ratings for long term bank facilities, short term bank facilities and commercial paper of the company. (Image: ceat.com)
Dixon Technologies | Company entered into an agreement with Imagine Marketing ('boAt') for manufacturing of twin wireless speakers.
IIFL Finance | CARE reaffirmed its 'AA' rating with outlook Negative to the various debt instruments and long term bank facilities of the company.
Lupin | The company received approval from USFDA for Sulfamethoxazole and Trimethoprim Oral Suspension, which is used to treat bacterial infections.
Ajanta Pharma | Company gets US FDA tentative nod for Sitagliptin Phosphate, an anti-diabetic medication used to treat Type 2 diabetes.
Tata Consultancy Services | Tata Sons tendered shares worth Rs 9,997 crore of TCS during the IT major’s Rs 16,000-crore buyback offer that concluded recently. The single largest shareholder of TCS, Tata Sons tendered more than 3.33 crore shares during the offer.
State Bank of India | Moody's Investors Service voluntarily withdrew the ratings on the short-term foreign currency programme of SBI and its branches under its USD 10-billion global medium-term note programme "for its own business reasons".
Bandhan Bank | Bank’s loans and advances grew by 23 percent to Rs 80,255 crore in Q3FY21 as against Rs 65,456 crore, YoY. Total deposits increased by 30 percent to Rs 71,188 crore from Rs 54,908 crore, YoY.
Sobha Ltd |Company’s sales volume in Q3FY21 rose to 11.3 lakh sq ft from 10.7 lakh sq ft, YoY. Total sales value increased to Rs 887.6 crore from Rs 726.1 crore, YoY.