HDFC Bank, SBI Life, IDBI Bank, NLC India, IndusInd Bank and Ajanta Pharma are some of the stocks which are in news today.
First Published on Apr 9, 2020 07:51 am
Here is a list of stocks to focus on today. (Image: Moneycontrol)
SBI Life Insurance | Board appoints Mahesh Kumar Sharma as Deputy Chief Executive Officer. (Image: PTI)
IDBI Bank | Board approved in principle proposal to sell stake in IDBI Federal Life Insurance Company to extent of 23-27%. (Image: Flickr)
Manali Petrochemicals | Company recommenced production of Propylene Oxide, feedstock for Propylene Glycol which is a pharmaceutical input, on April 7 at Plant 1. (Image: Moneycontrol)
GRM Overseas | Company restarted its plant operation on April 8. (Image: grmrice.com)
NLC India | Company resumed mining operations of Neyveli Mines. (Image: nlcindia.com)
Music Broadcast | Qualified institutional buyer bought 4.42% stake during Q4FY20. (Image: Wikimedia Commons)
CRISIL reaffirms ratings on debt instruments of IndusInd Bank
HDFC Bank: RBI returned bank's proposal to elevate Sashidhar Jagdishan and Bhavesh Zaveri as EDs. RBI asked bank to examine and submit ED appointment proposals post new CEO appointment.
Ajanta Pharma: Company gets US FDA nod for Cholestyramine powder
Titan Company: Quarter started well, but COVID impacted sales in March. Jewellery business saw a 5 percent decline. Watches division grew 1 percent despite impact in March. Eyewear saw 20 percent decline. Other businesses saw a growth of 42 percent on a low base.
Marico Q4: India business posted low single-digit volume decline in the quarter. Overall secondary growth in the quarter was in low single digits.
Hindalco Industries: Novelis received approval from the European Commission for sale of the Duffel facility of Aleris to Liberty House Group for €310 million.
Astron Paper & Board Mill: Company received permission from the Government of Gujarat regarding commencement of production for its unit located at Bhuj.
Gujarat Pipavav Ports: Company's March quarter cargo volume handled fell 10 percent at 197,000 TEUs
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