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Stocks To Watch

August 25, 2021

Wipro: The company has been awarded a strategic multi-year contract to partner with E.ON in its digital transformation journey in the financial area. Besides, it said it will open a new delivery centre in Sherwood, Arkansas.

Tata Steel: Brickwork Ratings upgrades the ratings for the unsecured Non-Convertible Debentures/Bond Issues aggregating Rs 4,000 crore of the company from BWR AA/Stable to BWR AA+/Stable.

Dollar Industries: CARE Ratings revised the credit rating from CARE A+; Positive to CARE A+; Positive for long-term facilities and reaffirn1ed the existing credit rating CARE A1+ for short-term facilities/Commercial Paper issue.

IndusInd Bank: India Ratings assigns the bank’s Tier II Bonds rating at ‘IND AA+’/Stable.

CreditAccess Grameen: The company board approved the issuance of non-convertible debentures aggregating up to Rs 100 crore.

Sterling Tools: ICRA has reaffirmed the long-term as well as short-term credit ratings of the company.

Brigade Enterprises: CRISIL Ratings has upgraded the long-term rating for the credit limits of the company from banks to CRISIL A+/stable from CRISIL A/stable.