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May 22: Here are the top stocks to watch out for
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May 22: Here are the top stocks to watch out for
May 21, 2018 11:02 PM

The Indian market fell for the fifth session in a row as the outcome of the Karnataka elections and rising fuel prices weigh on the market.

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NSE

Here are the top stocks to watch out for today

UltraTech Cement: Along with an acquisition deal with Century Textiles' cement business, the company bagged a limestone mining block in Madhya Pradesh.

Tata Steel: The National Company Law Appellate Tribunal (NCLAT) on Monday refused to stay Tata Steel's acquisition of Bhushan Steel.

RBL Bank: Dilip Buildcon's promoters create pledge on 34 lakh shares with RBL Bank on May 17.

L&T Hydrocarbon: The company bagged two new orders from Urvarak and Rasayan Ltd.

PNB: Moody's downgraded PNB from Ba1 to Baa3; outlook stable.

Future Lifestyle: L Catterron Asia is set to buy approximately 10% stake in the company through a preferential allotment and secondary purchase.

DHFL: The company is set to raise up to Rs 12,000 crore via bonds issuance on Tuesday largely for onward-lending to push growth as the company is targeting 30% growth in loan disbursements in the current financial year.

Indostar: The firm was listed with a 5% premium on Monday.

Fortis Healthcare: Fortis Healthcare may consider inviting other interested companies that did not submit or revise their bids after Yes Bank urged the board to do so, The Economic Times reported.

Tata Chemicals: The company is looking to expand its consumer business revenue to Rs 5,000 crore. The company posted a steady set of earnings in the fourth quarter boosted by its inorganic chemicals business.

Bank of Baroda: The Central Bureau of Investigation on Monday filed a chargesheet against Rotomac Global chairman Vikram Kothari, and his son Rahul Kothari, and three senior officials of the Bank, in relation to the Rs 3,695 crore Rotomac scam.

Adani Enterprises: The company is set to make entry into the electric buses manufacturing arena, sources closed to the group told The Economic Times.

JP group: Jaiprakash Associated Limited on Monday said it would appeal against the National Company Law Tribunal order asking the company to return land to its unit Jaypee Infratech.

First Published:May 22, 2018 8:02 AM IST

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