Stocks to Watch: TCS, SBI, PNB, NTPC, Tata Motors, Phoenix Mills, JMC Projects
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New Delhi, Aug. 26 -- Here's a list of top ten stocks that may be in news on Wednesday:
TCS: S&P Global Ratings has revised its outlook on IT major Tata Consultancy Services (TCS) to stable from positive given the subdued global IT spending estimates. "We are revising our outlook on TCS to stable from positive. At the same time, we affirmed our 'A' long-term issuer credit rating on the company," S&P Global Ratings said in a statement.
SBI: Moody's Investors Service has downgraded State Bank of India's (SBI) baseline credit assessment (BCA) by one notch from ba1 to ba2 citing an expected deterioration in asset quality and profitability. "The downgrade of SBI's BCA to ba2 from ba1 reflects Moody's view that the bank's asset quality and pr...
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