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Stocks in News Today

October 10, 2022

IDBI Bank : The government has invited bids for selling stake in IDBI Bank. The govt and LIC will together sell a total of 60.72% stake in the bank.

HDFC : HDFC is planning to raise up to Rs 12,000 crore by issuing bonds on a private placement basis.

HCL Tech : HCL Tech is planning to hire 1,300 people in Mexico over the next two years.

Tata Motors : Jaguar Land Rover, a subsidiary of Tata Motors, reported a 4.9% decline in retail sales at 88,121 units in the July Sept quarter.

Ambuja Cements : The company has receive shareholders’ approval for all proposals in its Extraordinary General Meeting (EGM).

Star Health : The company recorded a gross direct premium of Rs 5,655.1 cr for July – Sept quarter, a 12% year-on-year increase.

Bandhan Bank : Bandhan Bank’s collection efficiency ratio (CER) stood at 97% in the July – Sept quarter.

IOL Chemicals : IOL Chemicals has received certification for the supply of ethyl acetate across European markets.

Canara Bank : Canara Bank clarified that it does not have any direct/indirect control in the management or day-to-day operations of Brickwork Ratings Pvt Ltd.