Stocks in the news: Antony Waste, IDBI Bank, JSPL, Canara Bank and RIL

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Stocks in the news: Antony Waste, IDBI Bank, JSPL, Canara Bank and RIL


With most Asian markets shut on account of public holiday, domestic stocks are expecting to see a rangebound trading on Friday. Here are a few stocks which may buzz the most in today’s trade:

IDBI Bank: LIC-controlled IDBI Bank said it has sold 23 per cent stake in life insurance venture to foreign partner Ageas for Rs 507 crore. With this transaction, the stake of the Belgian partner in IDBI Federal Life Insurance Co Ltd (IFLI) has risen to 49 per cent, the upper foreign direct investment limit prescribed by the law.

JSPL: Industrialist Naveen Jindal-owned JSPL on Thursday said its subsidiary Jindal Power has been declared as the successful bidder for a block of Gare Palma coal mine in Chhattisgarh.

Future Enterprises: Kishore Biyani-led Future group firm Future Enterprises said its executive director and chief financial officer Dinesh Maheshwari has resigned from the company.

Canara Bank: State-owned Canara Bank said it has raised Rs 1,635 crore through bonds, to fund business growth. The capital was raised by issuing additional tier-1 bonds at 8.50 per cent coupon on December 31, the bank said in a statement.

CRISIL: Crisil announced a transfer of its flagship ratings agency business into a separate, wholly-owned subsidiary to comply with the Sebi mandate for agencies.

63 Moons Technologies: The company, formerly known as Financial Technologies, said it has moved the National Company Law Tribunal (NCLT) seeking to ensure that recovery from DHFL benefit all creditors, including NCD-holders.

RIL: Reliance Jio, the nation’s largest telecom operator by subscribers, on Thursday said calls by its users to other networks in India will become free from Friday when the so-called IUC regime ends.

Antony Waste Handling Cell: The stock will make market debut on Friday. The company’s IPO was subscribed 15 times in total and joined the likes of Burger King India and Mrs Bectors Food Specialities whose offers were also oversubscribed within a few hours of opening.





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