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Wednesday 14 October 2020

Stocks in the news

Wipro reported a dollar revenue growth of 3.7 percent at $1,992.4 million against $1,921.6 million QoQ. Management expects dollar revenue growth at 1.5-3.5 percent in Q3.


SRF: The QIP committee of the company is scheduled to be held on October 16 to determine the issue price.


PNB Gilts: CRISIL re-affirmed its credit rating of 'A1+' as assigned to its Rs 1,000 crore commercial paper programme.


Karnataka Bank reported a profit of Rs 119.44 crore in Q2 FY21 against Rs 105.91 crore, net interest income increased to Rs 575 crore from Rs 498.7 crore YoY.


CSL Finance's board approved the issuance of non-convertible debentures (NCDs) aggregating to Rs 10 crore on a private placement basis.


TVS Motor Company: LIC increased stake in company to 4.87 percent in September quarter from 3.18 percent in the June quarter.

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