Friday, May 7, 2021
No menu items!

Stocks To Watch In Trade Today: Punjab National Bank, BPCL, Biocon

Must Read

Michael Stuhlbarg Joins Hulu Limited Series Dopesick’

Los Angeles, Dec 15: “Your Honor” actor Michael Stuhlbarg has boarded the forged of Michael Keaton-led Hulu restricted...

Bengal Speaker Rejects Suvendu Adhikari’s Resignation, Says It Flouts Rules of House

File photograph of former TMC chief Suvendu Adhikari"Unless and until I am satisfied that the resignation is voluntary...

COVID-19 | Russia signs more deals with India to make 300mn Sputnik V vaccines

“In India, we have agreements with four large manufacturers,” Dmitriev, the pinnacle of the Russian Direct Investment Fund...

[ad_1]

Stocks To Watch In Trade Today: Punjab National Bank, BPCL, Biocon

Union Bank of India raised Rs 500 crore debt capital by issuing Basel III compliant bonds

The home inventory markets are more likely to open agency, after a completely flat closing on Wednesday, going by traits from the worldwide entrance. Trends on SGX Nifty point out a optimistic begin for the index in India, with a achieve of 50 factors. At 7:30 am, the Nifty futures had been buying and selling at 13,629, greater by 50 factors or 0.45 per cent on the Singapore Stock Exchange.

Here are some shares to observe in Wednesday’s (December 16) session:

Punjab National Bank

Punjab National Bank shares are set to see some investor curiosity because the financial institution’s Rs 7,000 crore  Qualified Institutional Placement (QIP) opens on December 15. The state-owned lender has set the ground worth for its proposed QIP at Rs 7,000 crore. The capital elevating committee of the financial institution has authorised the opening of the QIP problem and permitted the ground worth.

Bharat Petroleum Corporation Limited (BPCL)

The shares of Bharat Petroleum Corporation are more likely to be within the limelight after the corporate stated its board, at a gathering scheduled on December 17, will think about shopping for out Oman Oil Company within the Bina refinery mission in Madhya Pradesh. BPCL board may even think about merging Bharat Gas Resources ((a completely owned subsidiary of BPCL) with itself.

Newsbeep

Union Bank of India

Union Bank of India shares might witness some shopping for after the state-owned lender raised Rs 500 crore debt capital by issuing Basel III compliant bonds. The financial institution has allotted unsecured, subordinated, non-convertible taxable perpetual absolutely paid-up Basel III compliant debt devices within the nature of debentures aggregating to Rs 500 crore.

Biocon

Biocon shares might head greater on the bourses after the biotechnology main stated its arm Biocon Biologics signed a pact with the Christian Social Services Commission in Tanzania as a part of its inexpensive insulins programme for low- and middle-income nations. With an estimated 1 million diabetes sufferers, Tanzania is among the many high 5 nations for the variety of individuals with diabetes in Africa.

[ad_2]

Source link

Latest News

Michael Stuhlbarg Joins Hulu Limited Series Dopesick’

Los Angeles, Dec 15: “Your Honor” actor Michael Stuhlbarg has boarded the forged of Michael Keaton-led Hulu restricted...

More Articles Like This