Stocks to Watch: SBI, Yes Bank, Ruchi Soya, IRCTC, DLF, Adani Power
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New Delhi, Aug. 20 -- Here's a list of top ten stocks that may be in news on Thursday:
State Bank of India: India's largest public sector bank will raise Rs.8,931 crore ($1.19 billion) through 15-year bonds that comply with Basel III capital norms, according to a Bloomberg report. The notes carry a coupon of 6.80%, the lowest pricing on such debt issued by any lender since the country started implementing the stringent capital norms in 2013, data compiled by Bloomberg show.
Ruchi Soya Industries: Patanjali Group firm Ruchi Soya reported 13% decline in its net profit to Rs.12.25 crore for the first quarter ended 30 June. Its net profit stood at Rs.14.01 crore in the year-ago period. The company also announced the resignation of Acharya B...
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