@StockMarketNEWS Thu 20 Aug, 2020
Latest #StockMarketNEWS by #MunafaSutra Daily Updates
Stocks to watch: SBI, L&T Finance, Cosmo Films, CG Power
Most sugar stocks rise in trade; Shree Renuka Sugars gains over 3%
According to crisil, sugar offtake in the current sugar season is expected to remain more or less at last season levels despite the covid-19 pandemic
According to media reports, the government is looking to sell 5% stake in hal, while quantum of stake sale for irctc will be decided later
Aarti Drugs leaps 15%, hits new high as board approves 3:1 bonus shares
The company will intimate the "record date" for determining eligible shareholders entitled to receive bonus shares in due course
Hotel re-opening hope post Covid-19 fires up EIH, Lemon Tree, Chalet Hotels
According to reports, the delhi disaster management authority on wednesday approved re-opening of all hotels in the capital besides allowing weekly markets
on a trial basis
KNR Constructions soars 17% in 3 days; analysts see 21% upside in stk price
Analysts believe the company is well-placed to execute projects much better than its peers given its ability to win orders and maintain healthy margins
Packaging stocks in focus; Everest Kanto up 10%, Cosmo Films hits new high
Cosmo films gained 1.82 per cent to its fresh all-time high of rs 488.95 on the bse after announcing its june quarter earnings
IndiaMART InterMESH up 4% after MOFSL initiates coverage with "BUY" rating
Shares of indiamart intermesh were listed on the bourses in july 2019. the initial public offering (ipo) of the company had received a strong response
with bids for 97 million shares.
Power stks zoom as Cabinet ups lending limits for discoms; Tata Power up 8%
Currently, discoms can borrow only up to 25 per cent of their previous year's working capital under the limits stipulated in the uday scheme. the limit,
however, has now been relaxed
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