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Thursday 17 September 2020

Stocks To Watch

HCL Technologies: Announces expansion of strategic partnership with Google Cloud.


Aviation Stocks: Civil Aviation Minister Hardeep Singh Puri, in a written reply to parliament said that airline operators have sought government help to ask banks to defer loan repayments by six months and not to classify such loans as an NPA. Carriers have also sought Aviation Turbine Fuel (ATF) to be included under the GST regime and excise duty on jet fuel to be abolished.


Dhanuka Agritech: Sets September 28 as record date for buyback of shares. The board had approved a buyback worth Rs 100 crore at Rs 1,000 per share on July 22.


ICICI Bank: Board approved proposal to resume seeking approval from RBI for the appointment of Sandeep Batra as a whole-time director (designated as Executive Director) of the bank, for a period of five years.


Suven Pharma: September 28 set as record date for bonus issue. The company had approved a 1:1 bonus issue on August 17.


Puravankara: Board approves raising Rs 70 crore through NCDs.


Intellect Design Arena: Company’s banking platform has gone live for Bank of Bahrain and Kuwait.


HSIL: To consider share buy-back on Sept.21.


Deepak Nitrite: CRISIL upgrades long-term rating outlook of the company's bank loan facilities worth Rs 750 crore to CRISIL AA-/Positive from CRISIL AA-/Stable. It has also re-affirmed the short-term rating as CRISIL A1+.


Sanofi India: Charles Billard resigns as CFO from September 30, to take up a new role within the group. He will continue as the non-executive director of the company.


India Energy Exchange: Dalmia Cement (Bharat) acquired 70 lakh shares (2.34%) at Rs 206.2 per share and DPVL Ventures sold 70 lakh shares (2.34%) at Rs 206.2 per share 

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