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Stocks in News Today

September 15, 2022

SBI : State Bank of India has raised its lending rate (Benchmark Prime Lending Rate) by 0.70%.

Tata Steel : Tata Steel will raise Rs 2,000 cr through the issuance of non convertible debentures on a private placement basis.

LIC : Life Insurance Corporation of India’s (LIC) stake in GlaxoSmithKline (GSK) Pharmaceuticals has diluted from 6.402% to 4.357%. LIC mentioned that it has sold about 34.20 lakh shares or 2.045% of its holding in GSK during September 2018-22 period.

Vedanta : Vedanta is considering setting up a plant to manufacture Apple’s iPhones and TV equipment, company Chairman Anil Agarwal said.

GR Infraprojects : Promoters of the company will reportedly sell a total of 5.9% stake in the company during September 15-16. The floor price has been fixed at Rs 1,260 per share.

HFCL : HFCL has received advance purchase orders worth Rs 447.81 crore.