Explore Now
Nifty futures on the Singapore Exchange traded 95 points, or 0.64 per cent, higher at 15,037.50 in signs that Dalal Street was headed for a gap-up start on Monday. Here are a few stocks which may buzz the most in today s trade:
BPCL, Sun TV: BPCL, Godrej Consumer, Torrent Pharma,
Balkrishna Industries, NMDC, Sun TV, Aditya Birla Fashion, AstraZeneca Pharma and Redington India are among companies which will announce their December quarter results on Monday.
NTPC: State-run power giant NTPC said that an avalanche near Tapovan in Uttarakhand has damaged its under-construction hydropower project.
Reliance Industries: Billionaire Mukesh Ambani s Reliance Industries has picked up two-thirds of its own new gas from KG-D6 block. Reliance and its partner UK s BP Plc auctioned 7.5 million standard cubic metres per day of incremental gas from the R-series gas field in the KG-D6 block.
State-owned Punjab National Bank on Friday reported a net profit of Rs 506 crore for the quarter ended December 31, 2020 (Q3FY21). Sequentially, the profit declined 18.5 per cent. The lender had posted a profit of Rs 621 crore in the previous quarter (Q2FY21), and a standalone loss of Rs 492.28 crore during the corresponding period last year (Q3FY20). The Delhi-based lender s net interest income the difference between interest earned through lending and interest paid to depositors came in at Rs 8,313 crore for the period under review . The NII had been Rs 8,393 crore during the September quarter. It had been Rs 4,355 crore during the same period a year earlier (Q3FY20)
Tata Motors, on Friday, said it has increased prices of its passenger vehicle (PV) range by up to Rs 20,000 to offset rising input costs and semiconductors. The company will also offer protection from the price increase to customers who have booked Tata passenger vehicles on or before January 21.
Grasim Industries: The firm said it will enter paints business and invest Rs 5,000 crore over the next three years.
IndusInd Bank: UBS Principal Capital Asia on Friday sold nearly 40 lakh shares of IndusInd Bank Ltd worth over Rs 366 crore through an open market transaction.
NTPC: The state-owned power giant, on Friday, said it will raise Rs 2,500 crore through issuance of non-convertible bonds via private placement on January 27.
BW Businessworld
PNB Raises Rs 495 Cr Via AT-1 Bonds
The bank has issued and allotted Rs 495 crore Additional Tier - 1 (Basel III Compliant) Capital Bonds at a coupon of 8.6 per cent per annum on private placement basis, PNB said in a regulatory filing.
Photo Credit : Reuters
State-owned Punjab National Bank (PNB) on Friday said it has raised Rs 495 crore by issuing bonds on private placement basis.
The bank has issued and allotted Rs 495 crore Additional Tier - 1 (Basel III Compliant) Capital Bonds at a coupon of 8.6 per cent per annum on private placement basis, PNB said in a regulatory filing.