Action is seen on the shares of the stock companies of the listed companies of the stock market or the decisions taken by the government. Some companies announce their decisions after market close and some companies make their decisions public during market hours. Sometimes such information about companies is also filtered from other sources, which has a favorable or unfavorable effect on their stocks. Keeping this in mind, we provide daily information about such stocks or companies in the form of Buzzing Stocks for the investors, which will be in the headlines or focus during the market today due to some reason.
These companies are in news even before the market opens today.
PNB Housing Finance | The housing finance company has approved raising funds up to Rs 2,500 crore through a rights issue. The issue price, rights entitlement ratio, record date, timing and payment terms will be determined in due course, the company said.
Ugro Capital | The company will look to raise funds by issuing non-convertible debentures on private placement basis on March 14.
Diligent Industries | The firm said that the board has recommended sub-division of the shares of the company from a face value of Rs 5 each to a face value of Re 1 each, subject to the approval of the shareholders.
Biocon | CRISIL has rated ‘AA+’ on the long term bank facility of the company.
Gufic Biosciences | The company entered the cancer immunology business through a research collaboration with Australia-based biotechnology company Selvax Pty Ltd.
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APM Finvest | Manoj Kumar Rinwa has resigned as the Chief Financial Officer of the company.
NTPC | The state-run power generation company said that its subsidiary Nabinagar Power Generating Company’s Unit-3 of 660 MW capacity has successfully completed the trial operation. Consequently it has been included in the installed capacity of NTPC Group. With this the total installed capacity of Nabinagar Power Generating Company and NTPC Group has gone up to 1,980 MW and 68,567.18 MW respectively.
Piccadily Sugar & Allied Industries | Chartered Accountant Anil Jain has been appointed as the Chief Financial Officer of the company.
Arvind | The company said that its operations at the Ankur unit have fully resumed.
Karnataka Bank | The bank partnered with SELCO Solar Light Private Limited for financing solar based livelihood products to its customers.
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