Stocks in the news: YES Bank, HPCL, PowerGrid, Meghmami Organics and more

Stocks in the news: YES Bank, HPCL, PowerGrid, Meghmami Organics and more

Stocks to watch today on March 9: YES Bank, HPCL, PowerGrid, Meghmami Organics among others are the top stocks to watch out for in Monday's trading session

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Stocks to watch today on March 9Stocks to watch today on March 9
BusinessToday.In
  • Mar 6, 2020,
  • Updated Mar 9, 2020 7:13 AM IST

Stocks in the news today: Here is a list of top stocks that are likely to be in focus in Monday's trading session based on latest developments.

YES Bank: RBI announces the draft Scheme Of Reconstruction for YES Bank. As per RBI draft plan, SBI plans to invest in the reconstructed bank for up to 49% stake.

In another update, ICRA has cut the private lender's ratings on tier-II & tier-I bonds, As per ICRA, it has factored moratorium placed on the bank which will impact its ability to service liabilities.

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HPCL: The company board has issued Non-Convertible Debentures worth Rs 1,400 crore on a private placement basis.

PowerGrid: The company broad has fixed Rs 5.96 per share as the interim dividend.

Meghmani Organics: The company has said that there has been no major impact on operations due to COVID-19 spread.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

Stocks in the news today: Here is a list of top stocks that are likely to be in focus in Monday's trading session based on latest developments.

YES Bank: RBI announces the draft Scheme Of Reconstruction for YES Bank. As per RBI draft plan, SBI plans to invest in the reconstructed bank for up to 49% stake.

In another update, ICRA has cut the private lender's ratings on tier-II & tier-I bonds, As per ICRA, it has factored moratorium placed on the bank which will impact its ability to service liabilities.

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HPCL: The company board has issued Non-Convertible Debentures worth Rs 1,400 crore on a private placement basis.

PowerGrid: The company broad has fixed Rs 5.96 per share as the interim dividend.

Meghmani Organics: The company has said that there has been no major impact on operations due to COVID-19 spread.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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