Stocks to Watch: GMR Infra, Edelweiss Financial Services, HDFC Bank, Kotak Bank
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New Delhi, Aug. 28 -- Here's a list of top ten stocks that may be in news on Friday:
GMR Infrastructure: The company has unveiled a strategic group restructuring involving demerger of non-airport vertical business as part of efforts to simplify the corporate holding structure. Along with the rejig, the board of GMR Infrastructure Ltd (GIL) also approved raising up to Rs.5,000 crore through issuance of securities.
Edelweiss Financial Services: Hong Kong-based private equity firm PAG will buy a 51% stake in the wealth management business of India's Edelweiss Financial Services Ltd. for Rs.2,200 crore, the Mumbai-based company said in a statement to stock exchanges.
NMDC: Consolidated net profit of state-owned NMDC fell over 54% to Rs.531...
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