NBCC stocks will remain in focus as it has bagged projects worth Rs 192.74 crore in November. (Photo: PTI)
The BSE Sensex and NSE Nifty are likely are open in negative terrain on Wednesday following weak global cues. Back home, Sensex closed 219.78 points down at 25,310.33 on Tuesday, while NSE Nifty50 index settled 63.70 points down at 7,701.70.
Below are the stocks that are likely to be in focus today:
Amtek Auto: Shares of Amtek Auto that surged almost 11 per cent on Tuesday amid reports that fund house JP Morgan has recovered 85 per cent of the company’s bond dues will also remain in focus today.
NBCC: Stocks will remain focus in as that it has bagged projects worth Rs 192.74 crore in November.
Bharti Airtel: Airtel will launch 4G services in Rajasthan within a few days and cover other important cities in next six months.
Dr Reddy’s: The company on Tuesday said that it has submitted a response to the US health regulator on a warning letter it had received last month. In response to the letter, DRL CEO G V Prasad had said the company is in the process of shifting some of the products from these plants to other facilities and considering third party assessment for its plants.
IIFL Holdings: Canadian investor Prem Watsa’s Fairfax India Holdings (FIH) has acquired additional 21.85 per cent stake in financial firm IIFL Holdings for Rs 1,341.37 crore through an open offer.
Ashoka Buildcon: Roads developer said it has fully acquired Ashoka Path Nirman Ltd. “Ashoka Buildcon Ltd has informed… regarding acquisition of 100 per cent share capital of Ashoka Path Nirman (Nasik) Private Ltd,” the company said in a filing to BSE.
Yes Bank: It is set to mobilise up to $5 billion of funds to fight climate change by 2020.
Nalco: Aluminium major launched a joint venture with Gujarat Alkalies and Chemicals Limited (GACL) to set up a caustic soda plant at an investment of Rs 1,800 crore.
Tata steel, JSW steel, Jindal Steel, SAIL: To curb cheap steel imports from China, Japan and Korea, the government is likely to restrict inward shipments to one port, apart from introducing a floor price for imports.
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