21 November 2016

Top 5 stocks in focus today: HDFC, Punjab National Bank, India Cements

Check out the companies which will be in focus during trade today based on recent and latest news developments. 
Top stocks in focus today
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Punjab National Bank: The bank has cut interest rate on fixed deposits by up to 0.25% in line with competition.  

HDFC, Unitech: With Unitech defaulting on loan repayment, housing finance major HDFC said it has sold the realty firm's outstanding loan of Rs 869 crore to JM Financial Asset Reconstruction Company (JMFARC).  
Reliance Capital: Reliance Capital is planning to raise up to Rs 3,500 crore through non-convertible debentures (NCDs). 

Infosys: Infosys has invested Rs 145 mn in a start-up UNSILO. The investment is done through Infosys innovation fund.  

India Cements: India Cements reported a 62% jump in standalone net profit at Rs 62 crore for the quarter ended September 30, 2016. It had posted a net profit of Rs 38.5 crore in the year-ago period.

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