Check Out the Stocks Today [03-12-2020]

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

  • Wipro received multi-year contract from Verifone for its cloud services.

  • Nettle Infrastructure Investments, a wholly-owned subsidiary of Bharti Airtel, acquired additional equity stake of 4.94% in Bharti Infratel worth Rs2,882.32cr.

  • Tata Sons buys shares worth Rs76cr in Tata Chemicals.

  • SpiceJet intends to expand it considerably over the next two years, said Chairman and Managing Director, Ajay Singh in annual report.

  • CARE Ratings reaffirmed AAA rating on Mahindra & Mahindra’s long-term bank facilities of Rs1,402.42cr and A1+ rating short-term bank facilities of Rs38.58cr.

  • Apollo Hospital Enterprises approved raising of funds of Rs1,500cr in one or more tranches.

  • Jindal Steel & Power Promoter entity Opelina Sustainable Services Ltd released pledge on company’s 15 lakh equity shares.

  • Good Year to consider declaration of interim dividend for the Financial Year 2020-21 on December 7.

  • Raymond’s wholly-owned subsidiary Silver Spark Apparel has entered into a share transfer agreement to divest its entire stake in its own wholly-owned subsidiary Dress Master Apparel.

  • Jindal Stainless made timely repayment of interest and principal obligations on the Non-Convertible Debentures issued by the company.

  • Trident has issued Commercial Paper worth Rs50cr. The maturity date for the same has been set at February 2, 2021.

  • Dada Dhuniwale Khandwa Power Limited - a Joint Venture company of BHEL and Madhya Pradesh Power Generation Company Limited, which was under liquidation, has been dissolved.

  • ICRA reaffirmed A1+ rating on Karur Vysya Bank certificate of deposit programme.

  • CRISIL has revised (upgraded) its rating on the bank facilities of Gujarat Ambuja Exports.

  • Burger King IPO issue fully subscribed on the first day of bidding. Overall subscription stands at 3.14 times.