Top stocks in focus: HDFC Bank, SBI, Vodafone Idea

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

Apr 10, 2019 02:04 IST India Infoline News Service

KKR & Co will offload around 1.14cr shares, or 0.42% stake, in HDFC Bank through a bulk deal on April 10, as per media reports.

SBI cuts MCLR across tenors by 5bps. Home loan rates for up to Rs30 lakh have been cut by 10bps.

Vodafone Idea said its Rs25,000cr rights issue will open today.

Praj Industries signed a construction license agreement with the US-based ‘Gevo’ to commercialize the technology for production of lsobutanol using sugary-based feedstocks, such as juice, syrup and molasses.

Mindtree to consider declaration of interim or special dividend on April 17. If the aforementioned dividend is approved, then the record date is set on April 27.

Info Edge has invested through its wholly-owned subsidiary Rs6cr in Bizcrum Infotech Private Ltd.

Avenue Supermarts has raised Rs50cr via commercial papers.

NBCC has sought an extension of more than two weeks from the Committee of Creditors (CoC) overseeing Jaypee Infratech’s insolvency resolution process to submit a revised bid for the company, as per media reports.

Usha Martin completed the sale of its steel business to Tata Sponge Iron.

Lakshmi Vilas Bank board to consider raising funds via shares on April 12.

Jet Airways has massively reduced its operations from its main hub Mumbai to just about 32 flights Tuesday, as per media reports.

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