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Stocks in News Today

December 20, 2022

HDFC : The mortgagae lender increased its retail prime lending rate by 0.35% and now the minimum rate will be 8.65%,

IRCTC : LIC bought an additional 2.27% stake in IRCTC between Oct 17 and Dec 16 this year via open market transactions.

Sterling and Wilson Renewable Energy : The promoters Shapoorji Pallonji and Company and Khurshed Yazdi Daruvala will sell up to 5.27% stake through the offer for sale route.

NBCC(India) : The company has received a contract for the construction of a new multi- storied quarter complex from Odisha Power Transmission Corporation.

Hindustan Zinc : The company is planning to invest over Rs 8,270 crore to convert its diesel- fired mining vehicles into battery- operated ones.

InterGlobe Aviation : Company’s market share dropped to 55.7% in Nov 2022, from 56.7% in Oct 2022.

Glenmark Pharma : The company received final approval from the USFDA for its generic nicardipine hydrochloride capsules.

Adani Enterprises : Adani Enterprises announced that joint venture AdaniConnex has incorporated a wholly-owned subsidiary DC Development Noida Two Limited for undertaking business in IT services.

IRB Infra : IRB Infrastructure’s board will meet on Jan 4, 2023 to consider a stock split.