Check Out the Stocks Today [25-11-2020]

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

  • The RBI rejects Muthoot Finance’s proposal to acquire IDBI AMC.

  • IRB Infrastructure Developers in focus as Agra Etawah BOT Project implemented by AE Tollway (SPV) which is now part of IRB Infrastructure Trust - Private InvIT, has been issued a completion certificate by the competent authority. Consequently, toll rates for the SPV would be increased by 70 percent and the SPV will collect toll at revised toll rates on this project.

  • S&P has affirmed Glenmark’s rating at BB- while outlook is revised to stable.

  • JSW Steel acquired balance 26.45% of the issued and paid-up share capital of JSW Vallabh Tinplate.

  • Ingersoll Rand India OFS for non-retail investors gets 273% demand as compared to the shares on offer.

  • TRF sought approval of the shareholders for sale of the entire stake held by subsidiary Dutch Lanka Trailer Manufacturers, in Tata International DLT, a 50:50 joint venture company of Tata International Limited and Dutch Lanka Trailer Manufacturers.

  • Tata Sons chairman N Chandrasekaran appointed additional director and chairman of Tata Chemicals from November 24 after Bhaskar Bhat stepped down.

  • Lasa Supergenerics received further injunction from the Bombay High Court, restraining its competitor from manufacturing albendazole in addition to other reliefs which is subject matter of patent infringement case.

  • Max Financial Services reported a profit of Rs81cr in Q2FY21.

  • Sreeleathers Board approves buyback of up to 20 lakh shares worth Rs32cr.

  • Hindustan Aeronautics Workmen unions at Bengaluru and Koraput Division have given notice of nation-wide general strike on November 26.