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Shares of the country's second largest lender were trading 6 percent lower at Rs 261.75.
Meanwhile, the bank has clarified that it has not received any communication from the Enforcement Directorate enquiring about the loan it gave to Videocon Group.
The Mumbai-based logistics services provider rose as much as 17 percent to Rs 177 after the NCLT, Mumbai approved scheme of amalgamation of Navkar Terminals into Navkar Corporation, the company said in an exchange notification on Saturday.
Buyers and sellers were not immediately known
Source: Bloomberg
Shares of the country's third largest private sector lender fell as much as 3.6 percent to Rs 492.20 after the Reserve Bank of India asked its board to reconsider fourth three-year term it handed to CEO Shikha Sharma, The Economic Times reported citing people aware of the development.
Meanwhile, the bank has clarified that it follows a standard process with regard to senior appointments and forwards its recommendations to the regulator (to the extent required) and the process is currently in progress.
Shares of the Hyderabad-based drug maker rose as much as 2.6 percent to Rs 2,135 after its U.S. subsidiary Promius Pharma filed for New Drug Application (NDA) for its migraine candidate.
Shares of the Delhi-based educational service provider fell as much as 11.24 percent to Rs 168.20 after large number of shares changed hands on Wednesday in bulk deals.
BNP Paribas Arbitrage bought 1 lakh shares or 0.7 percent equity at Rs 190.5 each.
While, Macquarie Emerging Markets Asian Trading Pte. Ltd sold 1 lakh shares 0.7 percent equity at Rs 190.5 each.
Shares of the Mumbai-based infrastructure company rose 2.9 percent to Rs 439.85 after it won an EPC contract worth Rs 441 crore from Ministry of Road Transport & Highways.
Shares of the Mumbai-based IT services company rose as much as 3.58 percent to Rs 54.90 after its U.S. unit repaid outstanding debt on March 29, the company said in an exchange filing.
The unit has repaid $135 million of loan availed by it in May 2015.
Shares of the Mumbai-based cement maker were trading 2 percent higher at Rs 84.85 after its panel of creditors informed National Companies Law Tribunal (NCLT) that it cannot consider UltraTech's offer.
Meanwhile, the NCLT has adjourned the matter and will be taken up by NCLT Kolkata on April 9.
Shares of the Kolkata-based steel producer rose as much as 6.7 percent to Rs 2.56 after Vedanta agreed to buy Electrosteel Steels, the company informed the exchanges.
The deal closure however is subject to regulatory approval. Earlier, Tata Steel Ltd., Renaissance Steel India and Edelweiss Alternative Asset Advisors had submitted resolution plans for the company, according to an earlier stock exchange filing.
Shares of the Bengaluru-based housing finance firm fell as much as 8 percent to Rs 445.6.
The state-owned lender called off its plan to divest its entire stake in its housing finance subsidiary Can Fin Homes after getting a lower-than-expected price quotation, according to a wire report.
Shares of the Pune-based internal combustion engine maker rose as much as 1.9 percent to Rs 713.75 after Credit Suisse upgraded the stock to 'outperform' from 'neutral' and raised its target price to Rs 975 from Rs 875.
The Nashik-based construction company listed at a discount of 24.4 percent at Rs 136 per share on the National Stock Exchange, compared to its issue price of Rs 180 apiece.
The stock fell as much as 28.2 percent to Rs 129.20 thereafter.
The construction company’s Rs 77.4 crore initial public offering was subscribed 2.44 times on the final day of bidding.
Buyers and sellers were not immediately known
Source: Bloomberg
The two-wheeler makers' sales rose 22.8 percent to 3.34 lakh units versus 2.72 lakh units during the same period last year.
Shares of the country's leading private sector lender fell as much as 3.02 percent to Rs 270 after reports alleged quid pro quo between Videocon Group and the bank's Chief Executive Officer Chanda Kochhar as well as her family members with respect to extending a loan worth Rs 3,250 crore, an issue that has snowballed into a controversy even as the lender has come out in defence of Kochhar.
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Here's a quick look at corporate insider trades reported last Wednesday.https://t.co/Kr731v1CBY pic.twitter.com/zy8n7Z9ULN
— BloombergQuint (@BloombergQuint) April 2, 2018
BofAML on Dilip Buildcon
IDFC Securities on S Chand & Company
Credit Suisse on Cummins India
HSBC on Tata Motors
Axis Capital on RBL Bank
IIFL on CESC
Morgan Stanley on Oil & Gas
Macquarie on ICICI Bank
CLSA on Dish TV
Morgan Stanley on Biocon
CLSA on ICICI Lombard
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Sandhar Technologies to list on exchanges today. @soumeet_sarkar reports.https://t.co/Kr731v1CBY pic.twitter.com/peLweDXMKF
— BloombergQuint (@BloombergQuint) April 2, 2018
Fortis Healthcare
Gati Ltd
Jain Irrigation
Bank of Baroda
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International Conveyors
Kaveri Seeds
Government invites bids for Air India. Here's what the new owners of the Maharaja will get. https://t.co/yP3DwNTXMm pic.twitter.com/AzMVFYmPm3
— BloombergQuint (@BloombergQuint) April 1, 2018
For bond traders, stocks are all that truly matters in jobs week.https://t.co/TGdv0lSbpN pic.twitter.com/sTn1U0Tljp
— BloombergQuint (@BloombergQuint) April 1, 2018
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