HDFC Bank, HCL Tech and other top stocks to watch out for on August 18

Aug 18, 2021

By: Rounak Jain

Credit: BCCL

HDFC Bank

The Reserve Bank of India has partially lifted a ban on the bank, allowing it to issue new credit cards again.

Credit: BCCL

HDFC Bank

It is still not allowed to launch new digital products.

Credit: BCCL

HCL Technologies

Signed a 5-year deal with Wacker Chemie AG, a German chemical company, to establish a modernised digital workplace and improve its quality of services.

Credit: HCL Technologies

Asian Paints

Has raised the prices of its products as a result of an increase in input costs.

Credit: Asian Paints

Cadila Healthcare

Received tentative approval from the USFDA to market Lenalidomide capsules used in the treatment of various types of cancers.

Credit: Cadila Healthcare

Bharat Dynamics

Signed an agreement with MBDA, a European arms manufacturer, to establish an advanced short range air-to-air missile facility in India.

Credit: Bharat Dynamics

Canara Bank

Launched a qualified institutional placement of equity shares to raise up to ₹2,500 crore funds.

Credit: BCCL

InterGlobe Aviation

ICRA downgraded the long-term credit rating from A+ to A, with the outlook remaining negative.

Credit: BCCL

Kaveri Seed Company

Its board will consider a proposal to buy back equity shares of the company.

Credit: Kaveri Seed Company

Infosys, Hero MotoCorp, Adani Enterprises and other top stocks to watch out for on August 17