Thursday, 30 November 2017

Top stocks in focus today: Infosys, SBI, Nestle, Aban Offshore



Nestle India had to defend its top brand Maggi once again on Wednesday after the district administration of Shahjahanpur, Uttar Pradesh, levied a fine of Rs62lakh for alleged ‘ash content’ above the permissible limit in the popular instant noodles.

Infosys' stocks in focus today as its Rs13,000crore buyback offer will open today and end on December 14.

State Bank of India raised the interest rate on bulk deposits of over Rs1cr by one percent, effective November 30.

Indiabulls Housing Finance’s rating upgraded by S&P to AAA.

Aban Offshore sets up subsidiary Aban Hydrocarbons Pte in Singapore.

India Motor Parts & Accessories acquired 90% stake in CAPL Motor Parts Pvt. Ltd. for Rs4.5cr.


Mahindra Finance to raise Rs1,055cr by issuing 2.5cr equity shares at a price of Rs422 each to Mahindra and Mahindra Ltd.

Allahabad Bank cuts MCLR by 5 basis points across tenures.

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