NEW DELHI Here is a list of the top ten stocks that may appear in the news on Wednesday:
DHFL: The Securities and Exchange Board of India (Sebi) has banned the promoters of Dewan Housing Finance Corp. Ltd (DHFL) from the stock market, accusing them of engaging in fraudulent transactions and misleading investors by posting false financial statements for more than one of each.
Tata Group companies: The Shapoorji Pallonji group, run by the Mistry family, said it has decided to exit its decades-long association with the Tata group, hinting at a possible sale of its 18.4% stake in Tata Sons that could mark and end four years. of bitter court battles between the two. sides, which erupted after Cyrus Mistry’s unceremonious removal as president of the Tata group in 2016.
RIL: Reliance Jio, the subsidiary of Reliance Industries Ltd, has introduced a host of new postpaid plans for mobile users in an attempt to attract the customers of its rivals in this more profitable segment for telecom operators. The new plans will be bundled with subscriptions like Netflix, Amazon Prime, and Disney + Hotstar.
Indian Oil Corp: The nation’s largest fuel retailer will invest ₹Rs 17,825 crore to increase the capacity of its Gujarat refinery, as well as to establish a petrochemical plant in the unit as part of plans to expand the petroleum chemistry business to protect margins.
Hindustan Zinc: Vedanta Group firm Hindustan Zinc Ltd (HZL) said Tuesday that its board-made panel has approved raising to ₹4 billion rupees through bonds. It was approved during the directors committee meeting on Tuesday, HZL said in a statement to the BSE.
Future companies: The company has defaulted on the payment of interest on ₹Rs 15.86 million for its non-convertible bonds. The firm Future Group led by Kishore Biyani had revealed last week that it had defaulted on the payment of commercial paper from ₹90 crore. On August 20, he had defaulted on the payment of interest on non-convertible obligations (NCD) for a total value of ₹265 crore.
Central Bank of India: The public sector lender has set the minimum price for your QIP at ₹16.18 per share of capital.
HCC: HCC Concessions Ltd, the infrastructure development arm of the HCC Group, has completed its sale of 100% of Farakka-Raiganj Highways Limited to Cube Highways and Infrastructure II Pte Ltd.
Satin Creditcare: The microfinance firm plans to issue non-convertible debenture up to the amount of ₹175 crore through a private placement.
Sequential scientist: The company, one of the world’s largest manufacturers of veterinary APIs, will acquire a 40% stake in Provet through Alivira Animal Health Limited, Ireland, its wholly owned subsidiary.
.
