Stocks In News On 21st July, 2020

STOCKS TO WATCH

EARNINGS TODAY
HUL
Axis Bank
Bajaj Finance
Bajaj Finserv
ICICI Prudential Life
Crisil
DCM Shriram
IndiaMART InterMESH
Syngene International
HDFC Life
SBI Life
Tata Elxsi
Polycab
Hindustan Copper
Hindustan Zinc
Mahindra CIE

Vodafone Idea, Bharti Airtel
SC reserves order on time frame for staggered payment of telcos AGR dues
Next hearing on August 10

Omaxe
Decided to use advanced steel structure technology for its commercial project in Chandni Chowk
The technology will save 40% time and also help expedite delivery of the project by July 2022

Wipro
Received order from ComplianceQuest for quality management solutions

NHPC
Signed pact with Odisha Green Energy Body to develop solar projects

Apollo Hospitals
LIC increased stake in the company to 4.63% in June quarter, from 3.91% in March quarter
HDFC Life Insurance also raised stake to 1.55% from 1.28% in same period

Yes Bank
Shareholding of individuals having share capital up to Rs 2 lakh each increased to 12.76% in bank in June quarter, from 11.79% in March quarter, and individuals share capital in excess of Rs 2 lakh each rose to 2.53% from 0.98% in same period

NLC India
Issued commercial paper of Rs 500 crore in favour of ICICI Prudential Liquid Fund

L&T
FPIs increased stake in company to 18.77% in June quarter, from 16.90% in March quarter including Government of Singapore to 2.28% from 1.78%
MFs cut stake to 17.15% from 19.19% in same period

NTPC
800 MW, Unit-2 of Lara Super Thermal Power Project has been added to installed capacity of NTPC on successful completion of trial operation

Gateway Distriparks
Company to open rights issue of Rs 115.97 crore on July 30, till August 13
The issue price fixed at Rs 72 per share, a 20% discount to Monday's closing price

Indian Oil Corporation
Fitch affirmed IOC's 'BBB-' rating, outlook is negative

Jindal Steel & Power
Promoter Glebe Trading released a pledge on 11.76 lakh equity shares of the company
Another promoter Danta Enterprises released pledge on 4.73 lakh shares

Majesco
Company to sell US subsidiary to Thoma Bravo for $420.7 million
Shareholders will receive $13.1 in cash for each share of the company common stock upon closing of the transaction
The price is a 74% premium to the average closing price during the 30-day period ended July 17

InterGlobe Aviation
IndiGo, impacted by the pandemic, is flying only a small percentage of its fleet of 250 airplanes and will cut 10% of its workforce
Impacted employees will be given a severance pay while medical insurance has been extended till December

Balaji Telefilms
Resumed shoot of all television shows from July 16

Tata Power
Arm Coastal Gujarat Power has allotted NCDs worth Rs 350 crore on a private placement basis

Unitech
Board submitted resolution proposal before Supreme Court

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