Top stocks in focus: ITC, Axis Bank, Piramal Enterprises, IDBI Bank, Tata Steel, Bharat Forge

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

Jun 29, 2020 07:06 IST India Infoline News Service

Stocks In Focus
Piramal Enterprises approves divesting 20% stake in Piramal Pharma to the Carlyle Group for an equity investment of $490 million.

IDBI Bank Board approves selling stake in IDBI Federal Life Insurance.

S&P Global Ratings lowered Axis Bank's credit rating to below investment grade, on expectations of a looming recession in India due to Covid-19.

Mahindra Logistics board of directors have approved further investment in Lords Freight (India).

Power Finance Corporation downgrade done after the withdrawl of S&P rating mandate by the company.

Adani Transmission to acquire 100% stake in Kharghar Vikhroli Transmission.

CARE Ratings downgrades BHEL's long-term bank facilities to CARE AA from CARE AA+ while the outlook has been maintained as stable.

NCLT approves merger of Investment Trust of India's reinsurance arm with itself.

Phoenix Mills to consider raising equity on June 29.

ITI signs accord with Tech Mahindra for wireles technology in the areas of 4G and 5G smart networks, smart cities and healthcare services.

SBI Mutual Fund acquired 7.88% stake in Andhra Paper's OFS on June 25.

Results today: Tata Steel, Bharat Forge, Bharat Electronics, Petronet LNG, Central Bank of India, Jammu & Kashmir Bank, MRF, Alphageo India, Ansal Properties, Aurionpro Solutions, Balaji Telefilms, Bajaj Hindusthan Sugar, CESC, Dredging Corporation of India, Gujarat Fluorochemicals, Force Motors, GE T&D India, GIC Housing Finance, GMR Infrastructure, Himatsingka Seide, Indian Hume Pipe, Lux Industries, Maharashtra Seamless, Mangalam Drugs, Mercator, Minda Industries, MSTC, NOCIL, Panacea Biotec, Parag Milk Foods, PC Jeweller, Phoenix Mills, Premier Explosives, Pricol, Punjab & Sind Bank, Raymond, Reliance Communications, Religare Enterprises, Shree Renuka Sugars, Repco Home Finance, Rail Vikas Nigam, Shakti Pumps, SREI Infrastructure Finance, Texmo Pipes & Products, Time Technoplast, Venky's India, Veto Switchgears, Vivimed Labs, Welspun India.

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