Top stocks in focus: TCS, ICICI Bank, SBI, GAIL, PI Industries, Sterling & Wilson

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

Jul 09, 2020 07:07 IST India Infoline News Service

Stocks In Focus
ICICI Bank Board approves raising Rs15,000cr through equity.

The executive committee of State Bank of India's central board approves a maximum investment of Rs1,760cr in Yes Bank's FPO.

State Bank of India SBICAP to invest in Investec Capital Services India to form a Joint Venture entity.

PI Industries Board approves closure of QIP.

Can Fin Homes Board to consider raising funds via equity and debt on July 17.

TCPL Packaging announces that the entire promoter shareholding is free from encumbrance.

Sterling & Wilson Solar Promoters fail to repay the installment of Rs500cr out of the outstanding loans envisaged to be repaid by June 30.

Indian Overseas Bank reduces MCLR by 15-25 basis points across various tenors from July 10. One-month MCLR will now be 7.3% while one-year MCLR will be 7.75%.

ICRA has re-affirmed the long-term and short-term credit rating of GE T&D India at ICRA A+ and ICRA A1+.

Dilip Buildcon allots NCDs worth Rs200cr.

IRB Infra allots NCDs worth Rs150cr.

Emami: SBI Mutual Fund reduces stake to 4.6% from 5.32%.

Gufic Biosciences gets approval from South African Heath Products Regulatory Authority to manufacture Vancomycin after its manufacturing facility in Navsari was inspected by the National Institute of Pharmacy and Nutrition, Hungary.

Shoppers Stop opens new store at Phoenix Mall in Lucknow, taking the total number of operational stores to 90.

LIC increased stake in GAIL India by 2.01% to 7% via market purchases.

Results today: Tata Consultancy Services, Arvind Fashions, Sadbhav Engineering, Arihant Capital Markets, Brady & Morris Engineering, CIL Nova Petrochemicals, HPL Electric & Power, SKIL Infrastructure, Tree House Education.

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