Stocks in focus on July 9, 2020

New Delhi: Markets succumbed to a fag-end selloff to shut within the pink on Wednesday.

After opening on a optimistic word, the 30-share BSE Sensex buckled beneath promoting strain within the final hour of commerce to shut 345.51 factors, or 0.95 per cent, decrease at 36,329.01. On comparable strains, the broader NSE Nifty shed 93.90 factors, or 0.87 per cent, to shut at 10,705.75.

Here are Stocks in deal with July 9, 2020

ICICI Bank

India’s second largest personal sector lender ICICI Bank on Wednesday stated its board has determined to lift as much as Rs 15,000 crore in core capital by means of quite a lot of routes. The cash will probably be raised both by means of a personal placement of shares or preferential situation or certified establishments placement (QIP) or follow-on public providing (FPO), or a mix thereof, it added.

South Indian Bank

South Indian Bank on Wednesday reported a 11 per cent rise in web revenue at Rs 82 crore in June quarter of the present fiscal yr.
The personal sector lender had posted a web revenue of Rs 73 crore within the corresponding quarter of fiscal yr 2019-20. Total revenue in the course of the quarter beneath evaluate rose 22 per cent to Rs 872 crore as towards Rs 718 crore within the year-ago interval, the financial institution stated in a regulatory submitting.

Punjab National Bank

PNB its board will take into account a proposal to lift capital by means of a mixture of each fairness and debt on Thursday. Besides, the board will clear opening stability sheet of the amalgamated financial institution as on April 1, which is publish amalgamation of Oriental Bank of Commerce and United Bank of India into PNB, the financial institution stated in a regulatory submitting.

NBCC

State-owned NBCC (India) on Wednesday stated it bagged complete enterprise orders price Rs 431.63 crore final month.
It acquired an order price Rs 284.63 crore from BHEL for building works of pure draught cooling towers for Package -1 and Package – 2 of 5X800 MW Yadadri supercritical thermal energy mission, in accordance with a regulatory submitting by the corporate.

Manappuram Finance Ltd 

Markets regulator Sebi on Wednesday stated it has settled an alleged insider buying and selling case with Manappuram Finance Ltd (MFL) and 5 people after they paid Rs 5.25 crore in the direction of settlement expenses. The matter pertains to the corporate and a few people speaking Unpublished Price Sensitive Information (UPSI) to market members earlier than disclosing the identical to the inventory exchanges in March 2013.