Top stocks in focus: Bharti Airtel, Cadila, Yes Bank, Vodafone Idea, Prakash Industries

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

Dec 12, 2019 02:12 IST India Infoline News Service

Stocks In Focus
Bharti Airtel informed that reports of merging DTH operations with Dish TV are speculative in nature.

Prakash Industries declared successful bidder for Bhaskarpara Coal Mine. Sees coal availability substantially raising margins.

Cadila Healthcare launched oral anti-diabetic tablet Vinglyn.

RSWM's Board approved rights issue up to Rs150cr.

Magma Fincorp's Board approved allotment of non-convertible debentures worth Rs350cr to Nederlandse Financierings on a private placement basis.

Vodafone Idea clarified on the news of the company selling some assets to Brookfield, Edelweiss. The company has denied such negotiations taking place between the aforementioned parties.

Prestige Estates Projects will consider raising funds on Dec. 14.

Maruti Suzuki tied up Federal Bank for dealer and retail car financing.

Phoenix Mills' Atul Ruia will retire as Managing Director as per SEBI guidelines. He will continue to be the chairman and the non-executive director. Joint Managing Director Shishir Shrivastava takes over as managing director with effect from Dec. 11.

South Indian Bank said that Kerala Infra Fund Management holds 7.83% stake in the bank post share allotment.

Yes Bank has clarified that the bank had filed an application against McLeod Russel, before Kolkata National Company Law Tribunal, as per the insolvency proceedings.

Ujjivan Small Finance Bank’s shares to start trading on BSE/NSE after IPO which gets 166 times demand at Rs37 each.

India Rating and Research has affirmed West Coast Paper Mill's long-term issuer rating at 'IND AA-'. The outlook is Stable.

Akash Infraprojects has received a work order worth Rs12.57cr from the Office of the Executive Engineer, National Highway Division, Ahmedabad.

CRISIL has re-affirmed the credit rating for long-term and short-term bank loan facilities and for commercial papers of Vardhman Special Steels.

Related Story