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Top stocks in focus: Parag Milk Foods, Biocon, Grindwell Norton, Tourism Finance Corporation of India, PNB

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

November 17, 2021 7:20 IST | India Infoline News Service
Stocks In Focus
Parag Milk Foods: Investcorp Infrastructure Fund 1 (formerly IDFC Infrastructure Fund 3) sold 2% stake in the company via open market transactions, reducing shareholding to 3.29% from 5.29% earlier.

Biocon: Subsidiary Biocon Biologics, and Viatris launched interchangeable biosimilars SEMGLEE (insulin glargineyfgn) injection, a branded product, and Insulin Glargine (insulin glargine-yfgn) injection, an unbranded product, to help control high blood sugar in adult and pediatric patients with type 1 diabetes and adults with type 2 diabetes, in the US.

Grindwell Norton: The company has made an investment of Rs15 lakh in Cleanwin Energy Three LLP towards power purchase.

Tourism Finance Corporation of India: The company, on November 22, will consider the issuance of Non-Convertible Debentures to be issued on private placement basis.

PNB: India Ratings has upgraded the rating on Basel III AT1 Bonds from 'IND AA/Stable' to 'IND AA+/Stable' while affirming its Long-Term Issuer Rating at 'IND AAA/ Stable', Short-Term Issuer Rating at 'IND A1+' and ratings on Basel III Tier 2 Bonds & Senior Infrastructure Bonds at 'IND AAA/Stable'.

KDDL intimates about Signing of Agreement with Brands by Ethos Limited, Material Subsidiary of the Company.

State Bank of India onboards U GRO Capital as its first co-lending partner for its Sanjeevani program to finance MSMEs; aims to disburse upto Rs500cr by March 2022.

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