Thursday 28 November 2019

Stocks in the news

Cipla | Lemon Tree Hotels | Satin Creditcare | BSE | Shiva Cement | Balaji Amines |

Escorts | Lemon Tree Hotels | Satin Creditcare | Rane Holdings | Orient Bell and Autoline Industries are stocks which are in news today.


Here are the stocks that are in news today:
Balaji Amines receives environmental clearance for setting up organic and specialty chemicals manufacturing unit at Solapur, Maharashtra
Cipla's subsidiary signs agreement with City Health Imports to acquire the remaining 40% stake in Cipla Pharma Lanka
Escorts: D J Kakalia resigned as the independent director of the company.
Manappuram Finance: S&P Global Ratings has given ‘BB-' long-term and ‘B’ short-term ratings with stable outlook.
Tata Communications and Kacific ink global IP connectivity and cyber security deal
RBL Bank board meet on November 30 to consider fund raising via issue of equity shares on a Preferential basis
Jet Airways' CoC passed to file an application for the extension of the Corporate Insolvency Resolution Process by another 90 days
Infra stocks in focus
Govt chalks out plan for Rs 100 lakh cr investment in infra over 5 years: Piyush Goyal
Auto industry problems essentially derived from SC order to upgrade to BS-VI: Nirmala Sitharaman
Orient Bell: CRISIL has reaffirmed long-term rating as "CRISIL A-" with negative outlook.
Rane Holdings: ICRA has reaffirmed the long-term rating for the captioned line of credit (LOC) at "ICRA AA-" with a stable outlook.
Lemon Tree Hotels: RJ Corp sold 1.1 crore shares or approximately 1.4 percent stake of Lemon Tree Hotels in an open market transaction.
Ceat signs share subscription and shareholders’ agreement with Greenzest Solar and Cleantech India OA Pte. for subscribing to at least 26% of total equity share capital of Greenzest
Satin Creditcare: Morgan Stanley sold 2.38 lakh shares (0.46 percent equity) on November 25 via the open market.
Shiva Cement: JSW Cement raised the capacity target to 25 mtpa by 2023, with a total capex investment of Rs 2,875 crore.
Rane Holdings: ICRA reaffirmed long-term rating to Rs 50 crore bank facilities of the company at AA- with a stable outlook.
BSE Limited: Board approved selling 4 percent stake in CDSL via offer for sale.
Autoline Industries: The company entered into an agreement with Kinetic Green Energy and Power Solutions for E-cycles.
Enkei Wheels: The company entered into Joint Venture Agreement with Nikkei MC Aluminium Co (Japan), Century Metal Recycling, Enkei Corporation (Japan).
Videocon Industries reported a loss of Rs 6,760.75 crore for FY19 against Rs Rs 5,264.04 crore in the year ago period
Hero MotoCorp stopped the production of over 50 variants of its Bharat Stage IV models
Zee Entertainment announces he resignation of independent directors Sunil Sharma and Neharika Vohra, and non-independent director Subodh Kumar
Tata Steel confirms 1,000 job cuts in UK as talks with workers kick off - PTI
Govt has no plans to reduce price for 5G spectrum - PTI
NTPC signs MoU with C'garh govt for medical college expansion - PTI
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Stocks in the news

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