Stock In News On 10th August, 2020

STOCKS TO WATCH

EARNINGS TODAY
Power Grid
Shree Cement
Titan
Akzo Nobel
AstraZeneca Pharma
Bank of Baroda
Camlin Fine
Cochin Shipyard
Equitas Holdings
HEG
IPCA Labs
KEC International
Meghmani Organics
TTK Prestige
Ujjivan Financial
V-Mart Retail

Birla Corporation
To increase grinding cement capacity to 1.54 MTPA from 1.3 MTPS at its Durgapur facility for an investment of Rs 72.6 crore
There will be a delay in putting up the 3.9 MTPA green-field integrated cement plant, to be commissioned by August 2021

Zee Entertainment
Brickwork Ratings has downgraded the company's issuer rating to BWR AA- from BWR AA, with credit watch with negative implications

Coal India
Cuts FY21 production target to 650-660 MT: PTI

Bharat Forge, BEL and L&T
Defence stocks may gain after the Ministry of Defence announced over the weekend that it has prepared a list of 101 items for which there would be an embargo on the import beyond the timeline indicated against them

Dilip Buildcon
To consider raising funds via NCDs on August 14

Eveready Industries
Promoter group Khaitan family's stake in Eveready Industries has slipped below 10% after IndusInd Bank acquired nearly 8% stake by invoking pledged shares of the battery maker

Amber Enterprises
Board approved raising Rs 500 crore through equity and debt

ONGC
Board approved allotment of NCDs worth Rs 1,000 crore

REC
Board approved raising Rs 85,000 crore through NCDs, subject to shareholders approval
The board approved revised scheme of amalgamation of its arms REC Transmission Projects with REC Power Distribution

FDC
Board approved buyback of Rs 21.63 lakh shares or 1.27% of equity at Rs 450 per share
The share buyback aggregates to Rs 97.4 crore. The buyback price is a 34% premium to Friday's closing price

IndusInd Bank
Has acquired 7.82% stake in Eveready Industries and 7.5% stake in McLeod Russel India after invoking shares pledged by promoter Williamson Magor
The invocation was done to secure the outstanding dues of Seajuli Developers & Finance

Majesco
Thoma Bravo Increases Offer Price For Majesco To $16/Shr
Majesco has signed amended definitive agreement to be acquired by Thoma Bravo, L.P. in a transaction valuing the company at $729 million
Majesco expects the merger to close by the end of 2020

Here are our social media handles. Request you to follow us and stay connected for more updates:
LinkedIn: https://www.linkedin.com/company/nirmal-bang/
Facebook: https://www.facebook.com/nirmalbang/
Instagram: https://www.instagram.com/nirmalbanggroup/
Twitter: https://twitter.com/NirmalBang

Visit our website on: https://www.nirmalbang.com/

View more videos on: https://www.nirmalbang.com/static/support-videos.aspx

Disclaimers & Disclosure:
https://www.nirmalbang.com/disclaimer.aspx
https://www.nirmalbang.com/disclosure.aspx

#NirmalBang #BeyondApp #RelationshipBeyondBroking #NBMarketUpdates #MarketsAtPreOpen #BSE #NSE #StocksInNews #MondayMorning

Видео Stock In News On 10th August, 2020 канала Nirmal Bang