Morning Watch Stocks for Dec 16: Tata Steel Ratings Upgrades, ICICI Bank & More
Morning Watch Stocks for Dec 16: Tata Steel Ratings Upgrades, ICICI Bank & More
TVS Motor Company Ltd. (NS:TVSM): The two-wheeler and three-wheeler vehiclemobile producer introduced on Wednesday to companion with BMW Motorrad for co-growing new structures and destiny technologies, like electric powered vehicles.
Vodafone Idea (NS:VODA): The loss-making telco is focused on a surge in its annual Capex with the aid of using 4 instances to $2 billion, which is set Rs 15,000 crore.
Tata Steel (NS:TISC): The credit score score employer India Ratings and Research has upgraded the long-time period provider score of the steelmaker from ‘AA’ to ‘AA+’, with a ‘stable’ outlook.
ICICI Bank (NS:ICBK) and PNB (NS:PNBK): Citing deficiencies in regulatory compliance, the principal financial institution RBI imposed a financial penalty of Rs 30 lakh on ICICI Bank, and of Rs 1.eight crore on PNB, on Dec 15.
Cipla (NS:CIPL): The drug most important has received approximately 33% stake in Clean Max Auriga Power LLP, a renewable power company for Rs 6 crore.
Sun Pharmaceutical Industries Ltd. (NS:SUN): The drugmaker has obtained the United States FDA’s very last acclaim for the Abbreviated New Drug Application (ANDA) of its everyday Amphotericin B Liposome injection used withinside the remedy of fungal infections.
