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Stocks in news: Power Grid, Burger King, YES Bank, Muthoot Finance, Jindal Steel, Cipla, L&T Tech

Stocks in news: Power Grid, Burger King, YES Bank, Muthoot Finance, Jindal Steel, Cipla, L&T Tech

Stocks to watch today on December 14: Power Grid, Burger King, YES Bank, Muthoot Finance, Jindal Steel, Cipla, L&T Tec among others are the top stocks to watch out for in Monday's trading session

Stocks to watch today on December 14 Stocks to watch today on December 14

Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Monday's trading session based on latest developments.

Share Market News Live: Sensex hits new high, Nifty at 13,579 for first time; L&T, ONGC, Airtel top gainers

Burger King India: Shares of Burger King will make market debut on Monday. The QSR's Rs 810 crore IPO, which ran from December 2 to December 4, was subscribed 156 times.

Jindal Steel and Power: The company recorded a 15% growth in its standalone production of crude steel at 6.14 lakh tonnes during Novemberas against 5.33 lakh tonnes during the same month last year.

JSW Steel: Rating agency ICRA has revised company's outlook to stable from negative.

YES Bank: The lender has sold 15,00,000 equity shares of Sical logistics in various tranches.

Central Bank of India: The lender will raise up to Rs 500 crore by issuing non-convertible redeemable unsecured Basel III compliant tier 2 bonds in the nature of promissory notes.

Power Grid Corporation of India: Company has declared an interim dividend of Rs 5 per equity share of Rs 10 at 50% of the paid up equity share capital for the financial year 2020-21. The interim dividend shall be paid on 8 January.

Astral Poly Technik: Company has started commercial production of plastic water storage tanks at manufacturing facility situated at Aurangabad.

Muthoot Finance: Rating firm Moody's Investors Service affirmed corporate family rating Ba2 CFR and revised outlook to stable from negative.

KEC International: Company has won new orders of Rs 1,438 crore.

L&T Tech: Company recieved order from Swiss Co, Schindler for product development.

Cipla: Company has settled litigation with Celgene Corporation relating  to  patents for REVLIMID.

Union Bank: Lender plans to issue bonds of maximum Rs 1,500 crore on private placement basis.

Chalet Hotels: Rating firm ICRA has re-affirmed ICRA BBB+ in respect of Terms Loans, Long Term Fund Based Limits and ICRA A2 for Short Term Non-fund Based limits.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Dec 14, 2020, 9:10 AM IST
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