Kotak Mahindra Bank Share price: Stocks in the news: Power Grid, PVR, Kotak Bank, Coforge and IOB

Stocks in the news: Power Grid, PVR, Kotak Bank, Coforge and IOB

17 Nov , 2021 By : monika singh

Nifty futures on the Singapore Exchange traded 73 points, or 0.41 per cent higher at 17,932, signaling that Dalal Street was headed for a negative start on Wednesday. Here are a dozen stocks which may buzz the most in today's trade:

NSE 2.59 % of India: The state owner power transmission player said it has upgraded New Mariani Sub-Station in Assam.

Kotak Mahindra Bank, PVR: The private lender and multiplex chain operator launched a co-branded debit card, claiming to be the first ones to offer such a product in the movie and entertainment genre.

Coal India: The state run miner allocated 72.1 per cent higher quantity of coal at 17.34 million tonnes under the special forward e-auction scheme to the power sector during the April-September period.

Coforge: The IT firm said it has filed papers with the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of American Depositary Shares representing its equity shares.

Bank: The state-owned lender revised downwards its net profit to Rs 646 crore for 2020-21 after reporting a divergence in asset classification and provisioning for bad loans.

Ashok

: The commercial vehicle maker's EV arm Switch Mobility has bagged a contract for the supply and operation of 300 electric buses for Bengaluru Metropolitan Transport Corporation (BMTC).

Coromandel International: The second largest phosphatic fertilizer company announced the setting up of a new Rs 400 crore sulphuric acid plant in Vishakapatnam, "to improve the self-sufficiency and availability of phosphatic fertilisers in the country."

Biocon: The pharma player's subsidiary Biocon Biologics and its US-based partner Viatris announced the introduction of two interchangeable biosimilar insulin injections in the American market for type 1 pediatric and type 2 adult patients.
Grindwell

: The company has made an investment of Rs 15 lakh in Cleanwin Energy Three LLP towards power purchase.

Welspun Enterprises: The construction player said it has received a letter from the Maharashtra government declaring a provisional commercial operation date of November 11 for a road project completed by it in Amravati.

Home First Finance Company: The recenlty listed housing finance company said it is planning to raise up to Rs 99 crore by issuing bonds on a private placement basis.

Tourism Finance Corporation of India: The company, on November 22, will consider the issuance of Non-Convertible Debentures to be issued on private placement basis.
Tourism Finance Corporation of India: The company, on November 22, will consider the issuance of Non-Convertible Debentures to be issued on private placement basis.

TV Today Network: Sunil Singhania’s PMS Abakkus Asset Manager today bought 800,000 shares of TV Today at Rs 345 apiece through a bulk deal on the BSE.

Parag Milk Foods: Investcorp Infrastructure Fund 1 (formerly IDFC Infrastructure Fund 3) sold 2 per cent stake in the company via open market transactions, reducing shareholding to 3.29 per cent from 5.29 per cent earlier.