Stocks to observe right this moment: Here is an inventory of high shares which might be prone to be in focus in Thursday’s buying and selling session primarily based on newest developments. Investors are additionally awaiting April-June quarter earnings which might be scheduled to be launched right this moment.
Share Market News Live: Sensex drops 180 factors, Nifty at 11,540; Axis Bank, SBI, NTPC high losers
Happiest Minds Technologies: Happiest Minds is ready to record to the inventory exchanges right this moment. The challenge, which was offered between September 7 and September 9 within the value band of Rs 165-166, was subscribed 151 occasions.
Dhanuka Agritech: Company accepted the proposal of buyback of shares price as much as Rs 100 crore and stuck September 28.
SpiceJet, InterGlobe Aviation: Indian airways have sought interest-free credit score of at the least $1.5 billion from the federal government to allow them to deal with the lack of income from the coronavirus pandemic, the nation’s aviation minister mentioned.
HCL Technologies: Company and Google Cloud expanded partnership to ship accelerated enterprise intelligence platform.
Procter & Gamble Health: The firm, reported a 10.8% rise in June quarter web revenue at Rs 48.9 crore. Company reported fall in gross sales to Rs 200.three crore because of the COVID-19 pandemic, as in opposition to Rs 224.9 crore within the April-June interval of final 12 months.
Oil India: The state-owned firm misplaced Rs 148 crore in income in 100 days from the closure of oil and gasoline wells within the neighborhood of the Baghjan fireplace in Assam, Oil Minister Dharmendra Pradhan mentioned on Wednesday.
Mahindra & Mahindra (M&M): Mahindra & Mahindra mentioned it has launched contactless possibility for equipment, prolonged guarantee and workshop associated funds for its complete vary of autos.
Tata Teleservices Maharashtra: Company board has accepted elevating of as much as Rs 5,000 crore by issuing preferential shares to father or mother agency and non-convertible debentures on personal placement foundation, in line with a regulatory submitting.
HSIL: The assembly of the board of administrators of the corporate is scheduled on September 21 to contemplate the proposal of buyback of the absolutely paid-up fairness shares.
PNC Infratech: CARE reaffirmed long run credit standing of the corporate at AA-/Stable.
Deepak Nitrite: CRISIL upgraded long run ranking outlook of firm for financial institution mortgage amenities of Rs 750 crore from ‘AA-/Stable’ to ‘AA-/Positive’.
Jindal Stainless (Hisar): CARE reaffirmed long run ranking on credit score amenities of firm at ‘A-‘ with a steady outlook