Check Out the Stocks Today [09-12-2020]

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

  • ICICI Bank - The company approved the sale of up to 2.21 percent stake in ICICI Securities via OFS.

  • YES Bank - Brickwork Ratings upgrades rating of Tier I Subordinated Perpetual Bonds (Basel II) to BWR BB+/ Stable.

  • JSW Steel - November crude steel output at 13.32 lakh tonnes, up 3 percent YoY.

  • Tata Steel - S&P revises company outlook to ‘stable’ from ‘negative’ and affirms ‘B+’ rating.

  • Dr Reddy’s: US-based Exelixis, Inc and wholly-owned subsidiary Aurigene announced that Exelixis has exercised its exclusive option for Aurigene’s novel CDK7 inhibitor under the companies’ July 2019 agreement. Also, files investigational new drug application for phase-1 clinical trial in advanced solid tumors.

  • TCS launches new transformative Digital Bank Guarantee platform, powered by the Quartz Blockchain solution, as part of the Banking Service Bureau (BSB), operated by TCS for the digital banking industry in Israel.

  • Indian Bank raises Rs1,048cr worth tier-1 capital fund through private placement of Basel-III compliant AT-1 perpetual bonds.

  • Acuite Ratings & Research has assigned AA-/Stable rating on IRB Infrastructure’s total bank facilities worth Rs 2,600 crore.

  • Gujarat Industries Power receives approval from the District Collector, Kutch, Gujarat for allotment of land admeasuring 4750 HA for development of 2375 MW Renewable EnergyPark.

  • International Finance Corporation has acquired 8.88 lakh shares in Polycab India.

  • SMS Pharma’s promoter Potluri Infra Projects LLP pledges 8 lakh equity shares in favor Vistra ITCL India Limited.

  • ICRA Ltd and CARE Ratings have both reaffirmed A1+ on the proposed Commercial paper issue of Rs2500cr by Hindustan Aeronautics Limited.

  • Paisalo Digital - Meeting on December 11 for the issuance of NCDs on a private placement basis.

  • Majesco: Edelweiss ELSS Fund bought 1,58,392 shares of the company at an average price of Rs 978.01 on NSE in a bulk deal.

  • Malu Paper Mills: Ashwin Stocks And Investment Private Limited bought 1,51,704 shares of the company at an average price of Rs 33.08 in a bulk deal on NSE.

  • PRICOL RE: Vramath Financial Services Private Limited sold 1,67,898 shares of the company at an average price of Rs 16.36 in a bulk deal on NSE.

  • SKIL Infrastructure: IFCI sold 19,15,616 shares of the company at an average price of Rs 2.14 in a bulk deal on BSE.