Here is a look at the top stocks that can attract attention in the session today –
Jet Airways: The board of crisis-affected Jet Airways will consider the cost-saving initiatives and the turnaround plan together with the results of June at its meeting on 27 August, according to a registration application.
CreditAccess Grameen: Microfinance firm CreditAccess Grameen is making its debut today in D-Street. The public offering of the company consisted of a new issue of a maximum of Rs 630 crore and an offer to sell a maximum of 11,876,485 shares, including anchored parts of 8,041,617 shares. The problem, which ran from August 8 to August 10, was registered 2.26 times.
P & G: FMCG major Procter & Gamble (P & G) on Wednesday reported a decrease of 42.91 percent of net profit with Rs 44.55 crore for the fourth quarter ended June 30, 2018. Total income during the considered quarter was Rs 531, 48 crore. It was Rs 540.77 crore of the corresponding quarter of the last fiscal year.
Prataap Snacks: Snacks producer, Prataap Snacks, announced on Wednesday that it will acquire an 80% interest in Avjarh Snacks in Gujarat for Rs 148 crore through a combination of primary and secondary investments, according to an ET report.
Lakshmi Vilas Bank: The lender intends to sell 51% of the shares to strategic investors because the company wants to grow its balance sheet with capital to stimulate growth in an economy where the demand for loans will rise as a result of closing the capacity gap according to an ET report.
Bandhan Bank: The recently-quoted lender is considering a bid to acquire PNB Housing Finance and will likely present a vote of interest later this week, said a TOI report.
V-Mart Retail: Multibrand value retailer V-Mart Retail expands its sales network and plans to have 205 stores by adding 35 stores by the end of this financial year, ET reported an official citation.
Colgate-Palmolive: Colgate-Palmolive Asia Pacific, a subsidiary of the Global Consumer Gammon, debuted in the Indian consumer brand space with an investment in Bombay Shaving Company, a men's care business. According to an ET report, the primary investment is linked to approximately crs of $ 18 ($ 2.6 million).
Lupine: The American arm of the pharmaceutical superpower invokes 11,706 bottles of Lisinopril tablets, used for the treatment of hypertension, of the American market, according to USFDA. The product recalled by Lupine Pharmaceuticals Inc is in the strength of 10 mg, the US health regulator said in an Enforcement Report.
Center Capital, L & T Finance: The Center Group, controlled by former Standard Chartered banker Jaspal Bindra, will take over L & T Finance's supply chain lending activity, which has an outstanding loan book of Rs 800 crore. The divestment is part of a broader Larsen & Toubro effort to limit its wholesale lending activities and instead focus on segments in the retail and residential sectors.
Source link