Stocks to watch: LVB, HDFC AMC, CSB Bank, Bharti Airtel, Eris Lifesciences

Here's a list of stocks that may trade actively in today's trading session.

The addition to MSCI's indices has sent Riyadh stocks into a bull market and brought record fund inflows
SI Reporter New Delhi
3 min read Last Updated : Dec 04 2019 | 9:01 AM IST
At 08:29 am, Nifty futures on the Singapore Exchange (SGX) were trading 33.50 points or 0.28 per cent lower at 12,017.50, indicating a negative start for the Indian market on Wednesday. 

Here's a list of stocks that may trade actively in today's trading session - 

Telecom shares: 
Telecom operators have proposed sector regulator Trai to fix a minimum price for mobile internet as no company on its own is in a position to decide on it due to fierce competition in the market, industry body COAI said on Tuesday.

HDFC AMC: Standard Life Investments Ltd, one of the promoters of HDFC Asset Management Company, will offload 2.23 per cent stake in the fund house on December 4-5.

YES BANK: The lender has sold its entire holding of 13,77,000 equity shares having nominal value of Rs 10 each, constituting 5.49 per cent of the paid-up share capital of One Point One Solutions Limited ('OPOS').

ICICI Bank: As per reports, Nomura has raised the target price of the stock to Rs 645 from Rs 620. Morgan Stanley has target price of Rs 775. 

Bharti Airtel: The company's board to meet today to consider fund-raising. 

Lakshmi Vilas Bank: Entities belonging to the Capri group have bought around 4.9 per cent in the bank, reports say. 

Bajaj Finance: Reports say the NBFC has an exposure of Rs 345 crore to the Karvy Stock Broking. 

Eris Lifesciences on Tuesday announced acquisition of the trademark Zomelis, for Vildagliptin-based formulations, and its associated trademarks from Novartis AG, Switzerland, for a consideration of $13 million (roughly Rs 93 crore).

Natco Pharma said the company completed the investment of Rs 5 crore in OMRV Hospitals. 

Punjab and Sindh Bank said that a meeting of Board of Directors of Punjab & Sind Bank is scheduled to be held on 6 December 2019 to revalidate the approval for a further period of twelve months to issue of Equity Shares by way of QIP upto an amount of Rs 500 crore.

Sical Logistics: Allcargo Logistics has emerged the front-runner to buy the container freight station (CFS), inland container depot (ICD) and rail logistics business of Sical Logistics Ltd from the Coffee Day Group, as per news reports.

New listing

CSB Bank, which recently concluded its initial public offering (IPO), will make its stock market debut on Wednesday. The IPO of the lender was subscribed a whopping 86.89 times last month.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :stocks to watchStocks in focusMarkets Sensex Nifty

Next Story