Stocks to watch: NTPC, YES Bank, Future Group stks, Lupin, Aurobindo Pharma

Here's a look at the top stocks that may remain in focus today -

Stock market
Ailing private sector lender YES Bank will raise up to Rs 5,000 crore as equity capital
SI Reporter New Delhi
2 min read Last Updated : Mar 27 2020 | 8:51 AM IST
At 08:44 am, Nifty futures on the Singapore Exchange (SGX) were trading 145 points or 1.68 per cent higher at 8,786.25, indicating a positive start for the Indian market on Friday. 

Here's a look at the top stocks that may remain in focus today -

Future Group stocks: Future Group founder Kishore Biyani is in talks with investors including PremjiInvest to sell a large chunk of the promoter stake in Future Retail Ltd (FRL) to tide over his liquidity crisis, according to media reports. 

NTPC: State-owned power giant NTPC on Thursday said it has signed share purchase agreements to acquire the government''s stakes in THDCIL and NEEPCO for a total of Rs 11,500 crore.

YES Bank: Ailing private sector lender YES Bank will raise up to Rs 5,000 crore as equity capital in the second round to meet regulatory requirement and support business. The board, at its meeting on Thursday, approved raising of funds for an additional amount aggregating up to Rs 5,000 crore in one or more tranches, by issuing securities, the bank informed the exchange. READ MORE

Lupin: The company has appointed Ramesh Swaminathan as Chief Financial Officer and Head Corporate Affairs. 

Aurobindo Pharma: The company, as per news reports, has received USFDA nod for Muscle Relaxant Tizanidine Hydrochloride. 

Piramal Enterprises: Rating agency CARE has affirmed its AA/Stable credit rating for additional NCD of up to Rs 1,000 crore.

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 watchMarkets Sensex NiftyStocks in focus

Next Story