Top stocks in focus: Biocon, HDFC, Axis Bank, IDBI Bank, Embassy Office Parks REIT, HG Infra

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

December 16, 2020 7:25 IST India Infoline News Service

Biocon's subsidiary Biocon Biologics signed MoU with CSSC in Tanzania for Mission 10 cents.

HDFC has issued secured redeemable NCDS under Series Y-004 of Rs2500cr on private placement basis.

In its clarification note, Axis Bank said it has complied with its underwriting practices and approval processes for any exposure taken in relation to SREI Equipment Finance and SREI Infra Finance. SREI Group's outstanding dues to the bank stand at Rs800cr.

IDBI Bank's QIP opened on December 15; the bank set the floor price at Rs40.63 per share.

Embassy Office Parks REIT launched a QIP issue on Tuesday in order to raise funds.

HG Infra Engineering has been declared as L-1 bidder by Ircon International (A Government of India Undertaking).

Mahindra & Mahindra will increase the price of its passenger and commercial vehicles, across models.

Punjab National Bank's QIP opened on December 15 and the floor price has been set at Rs37.35 per share.

Indian Bank has declared the NPA account of IL&FS Financial services as 'Fraud' and reported the same to the Reserve Bank of India.

PVR to consider fund raising via various methods at its board meeting on December 18.

JSPL appoints Hemant Kumar as CFO from December 15.

Persistent Systems gas appointed Charles Owen as Chief Corporate Development Officer.

Union Bank of India has allotted non-convertible, fully paid-up Basel-Ill Compliant Debt Instruments in the nature of debentures eligible for inclusion in Additional Tier-1 Capital Series XXVll worth Rs500cr.

Hathway Cable And Datacom has acquired the remaining 49% stake or 9,800 equity shares of Hathway Digital Saharanpur - a subsidiary of the company for a cash consideration of Rs25 lakh.

Mrs. Bectors Food Specialities IPO sees overall subscription of 3.72 times on the first day of bidding.

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