Top stocks in focus: Yes Bank, UltraTech, Dena Bank, Persistent Systems

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

Jan 24, 2019 02:01 IST India Infoline News Service

Stocks to watch
Moody’s upgraded IDBI Bank’s ratings across various instruments in view of significant capital infusion by LIC. The long-term local and foreign currency ratings have been upgraded by three notches to ‘Ba2’ from ‘B1’.

Glenmark Pharmaceuticals Inc., USA (Glenmark), has been granted tentative approval by the USFDA for Abiraterone Acetate Tablets USP, 250 mg, a generic version of Zytiga Tablets, 250 mg, of Janssen Biotech, Inc.

 J Kumar Infraprojects won an order worth Rs225cr from Gujarat Metro Rail Corporation (GMRC) Limited.

Bharat Financial Inclusion completed its sixth direct assignment worth Rs832.3cr to a public sector bank in financial year 2019.

MEP Infra arm entered into a concession contract with NHAI for HAM project in Maharashtra for Rs567.8cr.

Dena Bank clarified on the news that it is selling prime properties worth Rs540cr and the bank initiated the process of the sale of these non-core assets after taking necessary approvals.

Lakshmi Vilas Bank reappointed Parthasarathi Mukherjee as its Chief Executive Officer and Managing Director of the bank for two years with effect from Jan. 25.

Apollo Micro Sytems bags supplied order of Rs13cr from Bharat Dynamics.

Persistent Systems to consider share-buyback proposal on January 27.

Results today: Yes Bank, UltraTech Cement, Biocon,  Quess Corp, PVR, Jyothy Laboratories, Hatsun Agro Product, Reliance Power, Edelweiss Financial Services, Sharda Cropchem, PNB Housing Finance, Sintex Industries, Colgate Palmolive (India), Bharat Bijlee, ICRA, Zee Media Corporation, Sunteck Realty, Pudumjee Paper Products, Poddar Pigments, Amj Land Holdings, Onward Technologies, VST Industries, Pfizer, MphasiS, Newgen Software Technologies, Sterlite Technologies, NIIT, Kokuyo Camlin, NELCO, Mold-Tek Technologies, Sunflag Iron, Century Enka, KRBL, Jindal Saw, Tijaria Polypipes, Orient Green Power Company, Hexa Tradex, Supreme Industries, Kamdhenu.

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