CNBC-TV18’s top stocks to watch out for on January 1
Antony Waste Handling Cell | The company will list shares on bourses today. The issue price has been fixed at Rs 315 per share.Mahindra & Mahindra | The company has called off its automotive joint venture with Ford Motor Co due to the challenges caused by the COVID-19 pandemic.IDBI Bank | The bank has completed the sale of its 23 percent stake in IDBI Federal Life Insurance, to Ageas for Rs 507.10 crore.Jindal Steel and Power | The company’s subsidiary Jindal Power has been declared as the successful bidder for a block of Gare Palma coal mine in Chhattisgarh.UPL | Promoter Jaidev Rajnikant Shroff bought 3,98,500 Global Depository Receipts equivalent to 7,97,000 equity shares of UPL, representing 0.10 percent of the total share capital of the company.Infibeam Avenues | The company has divested its 100 percent ownership with control in its wholly-owned subsidiary Cardpay Technologies to its subsidiary Instant Global Paytech.Punjab National Bank | The state-run lender has extended its festival bonanza offer till March.Canara Bank | The bank has raised Rs 1,635 crore by issuing additional tier-1 bonds at 8.50 percent coupon, to fund business growth.HSIL | The company has closed its share buyback offer.CRISIL Ratings | The company has received the necessary approvals from SEBI and RBI to undertake the Rating business transferred to it pursuant to the scheme.
