Top stocks in focus: IOC, Adani Enterprises, HDFC

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

Dec 14, 2018 02:12 IST India Infoline News Service

Stock Market Trader, Stock Trader, Trading
Indian Oil Corporation’ board approves buyback of shares at Rs149/share and declares a dividend of Rs6.75/share.

Adani Enterprises acquires Alpha Design for Rs400cr.

Indian Energy Exchange’s board to meet on December 20 to consider buyback proposal. 

HDFC to raise up to Rs1,500cr by issuing bonds 

Dilip Buildcon’s arm received financial closure for its HAM project in Madhya Pradesh for Rs1,004cr.

NCLT approves IDFC Bank-Capital First amalgamation scheme.

Telecom companies, like Bharti Airtel and Vodafone Idea, will be in focus as Telecom Disputes Settlement and Appellate Tribunal strikes down TRAI’s norms on predatory pricing.

Vijaya Bank raised its MCLR by five basis points across various tenors with effect from Dec 14.

NMDC’s Iron Ore sales rose 19.3mn tonnes in November. 

GTL Infra said that the company is left with Rs389cr of operational costs due to non-occupied towers.

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