Stocks To Watch Today For Trade

 stocks to watch in trade today:

State Bank of India has raised Rs 8,931 crore In Tier-II Bonds. The Tier-II bonds with a maturity of 15 years were raised a coupon rate of 6.8% and the credit spread stood at 35.5 basis points over the corresponding government security yield. The total issue was for Rs 10,000 crore with Rs 2,000 as the base issue size.

Titan stated in a press release that it is fully hedged with gold on lease and gold bought from stock markets. The company said that the ineffective hedge loss due to mismatch in sales quantity will be reversed subsequently with a corresponding reversal of stock gain accrued in the first quarter of fiscal 2021.

DLF & Hines JV has secured Rs. 2,600 crore Construction Loan for its new project from HDFC.

Zee Learn: Board accepted the resignation of Ajey Kumar as managing director with effect from Aug.18.

Solara Active Pharma Sciences has appointed Subhas Anand as the new CFO. Subhas Anand was the ex-CFO and President at PI Industries.

Karnataka Bank has appointed Justice A V Chandrashekar and Pradeep Kumar Panja as additional directors. Justice A V Chandrashekar is formers judge of Karnataka High Court and Pradeep Kumar Panja was ex-managing director (corporate banking) at State Bank of India.

Chalet Hotels: Rajeev Newar has resigned from the post of CFO with effect from Aug.19.

PNB Housing Finance: Board approved raising Rs 1,800 crore via preferential issue/rights issue.

Ruchi Soya Industries: Acharya Balkrishna resigned from the post of managing director.

IIFL Wealth Management: Board declared special dividend of Rs 40 per share. Record date is set on Aug. 27. Dividend yield is 3.58% of the closing price as on Aug.19.

Cosmo Films: Board has given in-principle approval for company's foray in pet care business. Pilot launch is expected by early next year with an investment of Rs 15 crore over the next 18 months in NCR.

NTPC said in a press release that it would be able to reduce the transportation cost of coal to fuel to its NTPC Kudgi Super thermal power station in Karnataka, to around Rs 200-500 per metric tonnes thereby bringing down the cost of electricity generation, with a newly constructed bridge.

Yes Bank has sold its entire stake of 6.34 crore shares (10.12% stake) in CG Power & Industrial Solutions, in various tranches.

Mastek: Abakkus Growth Fund increased stake from 4.96% to 5.9% from March 9-July