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Stocks in news: Tata Steel, TCS, NMDC, Bank of Maharashtra, Indian Bank, Dr Reddy

Stocks to watch today on December 15: Tata Steel, TCS, NMDC, Bank of Maharashtra, Indian Bank, Dr Reddy among others are the top stocks to watch out for in Tuesday's trading session

Stocks to watch today on December 15

Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Tuesday's trading session based on latest developments.

Tata Steel: The company has increased its shareholding in Tata Steel Minerals Canada to 82% after acquiring 4.32% additional equity in TSMC via share swap and other inter-company adjustments.

Tata Consultancy Services: Company said it has expanded its strategic partnership with Star Alliance, the world's largest airline alliance.

NMDC: The state-owned company's Rs 1,378-crore share buyback opens on17 December and closes on 31 December.

KNR Constructions: Company's board meeting is scheduled on December 18 to consider declaration of bonus shares and other related issues

Bank of Maharashtra: Bank successfully raised capital of Rs 200.70 crore through private placement of BASEL III compliant Tier II bonds

Indian Bank: Bank has further raised Tier 1 Capital Fund through Private Placement of Basel Ill compliant AT 1 Perpetual Bonds aggregating to Rs 560 crore at a coupon of 8.44%.

Dr Reddy's Lab: The company's partner and co-developer of Sputnik V vaccine Russian Direct Investment Fund has said the third interim data on the vaccine's phase 3 trial in Russia showed that the adenovirus vector jabs were 91.4% effective at preventing covid-19.

Shriram City Union Finance: The financier said it will raise up to Rs 200 crore by issuing bonds on private placement basis.

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