Top stocks to watch on February 17
Feb 17, 2021
Adani Ports to invest ₹10,000 crore to build new gateway into Maharashtra
The company also completed the acquisition of a 100 percent stake of Dighi Port Limited (DPL) for ₹705 crore.
Nestle India reported a 2.25 percent year-on-year rise in its net profit for Dec quarter
The company approved a final dividend of ₹65 per share for the financial year ended December 31.
Infosys’ McCamish acquires underwriting platform from STEP Solutions
The transaction details were not disclosed. STEP is an affiliate of the Dillon Kane Group LLC based in Chicago.
ICICI Bank to pick up 9 percent stake in fintech startup Thillais Analytical Solutions
The deal agreed for a cash consideration of ₹1.1 crore is expected to be closed by the end of March 2021.
L&T Finance Holdings raises ₹2998.61 crore through rights issue, oversubscribed by 15 percent
The allotment of equity shares offered pursuant to the rights issue would take place on or about February 23.
Axis Bank and its promoter United India Insurance settled Sebi cases of alleged disclosure lapses
Axis Bank paid ₹41.43 lakh while United India Insurance paid ₹10.13 lakh as settlement.
RailTel IPO: Issue subscribed 2.63 times, retail portion booked 5 times on day 1
It is among the largest neutral telecom infrastructure providers in India with a pan-India optic fibre network.
Last day of bidding for ₹100 crore Nureca IPO
The IPO saw strong buying on the second day, with the issue getting nearly 14.8 times subscription.