The Indian market may trade volatile on Tuesday as investors remain cautious following losses in the Asian and US markets amid weak global signals. However, at 7:15 am, the SGX Nifty was trading 42.00 points or 0.37 percent higher at 11,286.00, indicating a positive start for the Sensex and Nifty50.
State Bank of India | The bank’s board approved the assignment of obligations worth 7 billion rupees.
GMM Pfaudler | The promoter of the company will sell 25.71 lakhs of shares through an offer to sell at a minimum price of Rs 3,500 per share from September 22-23.
Jindal Steel & Power | The company has clarified reports of certain transactions conducted between 2014-16 by saying that all transactions conducted by the company were part of routine business activities and that all transactions had adequate underlying assets.
Ramco Cements | ICRA has reaffirmed the long-term credit rating at AA + / Stable.
CEAT | The company’s board of directors will consider raising funds through ENT on September 25.
Shree Renuka Sugars | The company has approved the allocation of equity shares of Rs 21.16 crore to Rs 8.74 per share adding to Rs 185 crore on a preferential basis to the promoter Wilmar Sugar Holdings Pte Ltd.
HSIL | The company has approved share buyback worth up to Rs 70 crore to Rs 105 per share.
Aarti drugs | The company has set the record date for the bond issue to be October 1.
Bombay Burmah Trading | The company’s board will consider raising 75 million rupees through ENT on September 24.
Charcoal black phillips | CARE Ratings has reaffirmed the company’s long-term credit rating at AA- / Stable.
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