SBI stock price: News: SBI, AMC HDFC, Tata Power, Cox & Kings and ICICI Bank

NEW DELHI: Nifty forward contracts on the Singapore Stock Exchange traded at 82 points, or 0.82%, up 10,129 points, signaling a good start for the Nifty50. Here is an overview of the main titles that could draw attention to today 's session:

Cipla: The company announced Monday that it had received final approval for its New Drug Abbreviated Application (ANDA) for Metoprolol ER 50 mg, 100 mg, 200 mg tablets from the USFDA.

Tata Power, HDFC AMC and Union Bank: Tata Power, Union Bank, Chambal Fertilizers from Vijaya Bank, Colgate-Palmolive, Finolex Industries, Gruh Finance, HDFC AMC, Century Textiles, Just Dial, Monsanto India, Raj TV and Sun Pharma Advanced Research are among the dozens announced their quarterly results later in the day.

Vendanta: The government extended the duration of the production sharing agreement (PSC) for the Cairn India block in Rajasthan. The RJ Block PSC's mandate will expire on May 14, 2020. The mandate of the RJ Block PSC has been extended for 10 years from May 15, 2020.

ICICI Bank: The bank recorded a 55.84% decline in its own profit from the quarter ended September 30th to Rs 908.88 billion. It had recorded a net profit of 2,058.19 million rupees in the corresponding quarter of the previous year. Analysts in a poll ET Now had estimated earnings at 815 crore Rs.

Companies Piramal: The company said it identified short sellers who used fake social media messages to cause a sharp drop in the company's stock following the IL & FS crisis.

SBI: India's largest lender has exposure limits of 100 crore and 250 crore Rs for individual and corporate borrowers, respectively. It plans to lend a substantial portion in the form of gold loans, instead of the usual cash credit against shares – a measure that could ensure better monitoring of the end-use of funds but could leave many borrowers with a tightening of working capital.

Cox & Kings: Travel company Cox & Kings has reached an agreement to sell its education business to British investor Midlothian Capital Partners (MCP) for 4,387 crore (£ 467 million).

BCPL Rail Infrastructure: The shares of BCPL Railway Infrastructure are listed and admitted to trading on the stock exchange in the list of securities of the "MT" group.

Cements India: The cement company has entered into a share purchase agreement to acquire, in stages, all the shares of Springway Mining Private Limited, for a total amount of Rs 182.89, for the purpose of establishing a cement plant in the state. from Madhya Pradesh. .

Indiabulls Ventures: The Company's Board would meet on October 31 to review and approve the preferred issue of Convertible Preferred Shares and / or Convertible Debentures and / or Convertible Preferred Shares and / or convertible warrants of the Company to certain eligible non-resident investors.


JSW Steel: JSW Steel, led by Sajjan Jindal, announced that it would inject $ 150 million (about RAR 1 000 000) in the first tranche to set up its new steel plant in Texas, the United States. United.

GAIL: Contracts for the sale of natural gas become relatively easier for buyers, as GAIL offers pacts of shorter duration and easier duration.

The Axis Bank: The lender sold Friday 4.95% stake in NSDL to its neighboring HDFC bank for a consideration of 163.34 crore. After the sale, Axis Bank would end up with a 0.05% stake in NSDL, the lender said in a paper.

Bombay Dyeing: The board of the company approved by circular resolution the conversion of its existing debt vis-à-vis its subsidiary in Indonesia, namely. PT Five Star Textile Indonesia in participatory actions

JSW Energy: Rakesh Srivastava, former director of sales and marketing at Hyundai Motor India, is expected to join the group promoted by Sajjan Jindal, JSW Energy, which seeks to establish its beachhead in the electric vehicle industry.

YES Bank: Emkay Global lowered Yes Bank's rating to reduce it with a price target of Rs. 172 after a poor performance in the second quarter.

Heidelberg Cement: Elara Capital initiated a hedging on Heidelberg Cement with a purchase note and a target price unchanged of Rs. 210 after a strong performance of their second quarter results.

Tata Communications: The company will use its acquisition of Teleena to strengthen mobility-based Internet mobility solutions (IoT). The company had acquired a 35% stake in the Dutch company on Jan. 17 and had acquired the remaining stake earlier this month.