Stocks in News
Shriram EPC: IDBI sold more than 1.96 crore equity shares of the company via open market transaction, reducing shareholding to 0.07% from 2.1% earlier.
Acrysil: The company announced further expansion of production capacity by an additional 1,60,000 Quartz Sinks per annum through greenfield project at Bhavnagar in Gujarat, taking the overall capacity to 10,00,000 sinks (1 million sinks) per annum.
Larsen & Toubro: The company has completed the sale of its entire stake in L&T Uttaranchal Hydropower to ReNew Power Services.
Ipca Laboratories: CRISIL reaffirmed its credit rating for the company's commercial paper programme at A1+.
Aayush Food and Herbs: Classic Mercantile LLP picked up a 5.77% stake in the company via an open market transaction on August 30.
Axis Bank: Moody's has assigned B1(hyb) rating to the bank, GIFT City Branch's proposed USD-denominated, undated, non-cumulative and subordinated Additional Tier 1 (AT1) capital securities being issued out of its Global Medium Term Note (GMTN) programme.
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