Top stocks in focus: Yes Bank, L&T, Maruti Suzuki, Infratel

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

Jan 25, 2019 07:01 IST India Infoline News Service

Buy Hold And Sell Dice Represents Stocks Strategy
Yes Bank has received RBI approval for its new MD & CEO, Ravneet Singh Gill to join on or before March 01, 2019. The bank has also appointed Maheswar Sahu and Anil Jaggia as independent directors and recommended Ashish Agarwal to the Reserve Bank of India for the post of executive director.

Bharti Infratel said it has reached a settlement with four operators, including Vodafone Idea, that exited from its cell sites before the expiry of their contracts at a payment of around Rs3,800cr.

UPL said that with respect to its 100% acquisition of the US-based Arysta LifeScience, both parties obtained all regulatory approvals to complete the transaction, which is expected to close by January 31.

Interglobe Aviation appointed Ronojoy Dutta as chief executive officer and Meleveeti Damodaran as chairman of the company with effect from January 24.

The Central Bureau of Investigation probe against former ICICI Bank CEO and MD Chanda Kochhar has revealed that she received "illegal gratification" through her husband Deepak Kochhar for favouring Videocon group, as per media reports.

The founders of Mindtree are looking to shore up their control of the company against a possibly hostile takeover, with 21% stakeholder VG Siddhartha’s exit imminent, as per media reports.

Linde India promoter BOC Group rejected discovered price of Rs2,025 per share for the company’s delisting. The acquiring entities will launch open offer again after the public announcement for the delisting which will happen on January 25.

Deepak Fertilisers & Petrochemicals clarified that the company had been repaying commercial papers in accordance with due dates and the company along with its arms have no commercial papers outstanding as on date.

Laxmi Machine Works launched nine varieties of machining centers and three types of lathes machines for use in heavy duty tools industry and auto industry.

Results today: L&T, Maruti Suzuki, Dewan Housing Finance, Gruh Finance, Gujarat State Fertilizers, Indian Bank, Indian Oversease Bank, Mahindra & Mahindra Financial, Nilkamal, Shriram City Union, Sundaram-Clayton.

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