PVR and Mukta Arts: As much-awaited Baahubali 2 hits multiplexes, shares of listed multiplex operators such as the PVR and Mukta ArtsBSE 6.88 % will be in focus. Will the movie do wonders at the Box Office is to be seen.
Gems and Jewellery stocks: Gems and Jewellery stocks such as TBZ, Rajesh ExportsBSE 1.06 % and PC Jeweller will remain in focus on account of Akshaya Tritiya on Friday.
Kotak Mahindra Bank: Britain’s Old Mutual Plc said it would sell its 26 per cent stake in Kotak Mahindra Old Mutual Life Insurance to Kotak Mahindra Bank for about Rs 1,293 crore.
Ashok Leyland: Ashok Leyland on Thursday informed bourses that NCLT has approved scheme of amalgamation of Hinduja Foundries with company.
DCB Bank: Private lender DCB Bank has raised about Rs 378.80 crore through an issue of shares to qualified institutional investors on private placement basis. The bank offered 21,770,000 equity shares to qualified institutions buyers under the QIP at an issue price of Rs 174 per share.
Jindal Stainless: The company has announced that the board at its meeting held on April 27 has approved the proposal for issuance of non-convertible debentures by the company for an aggregate amount of up to Rs 600 crore in one or more tranches on private placement basis subject to approval of shareholders.
Biocon: Healthcare firm Biocon’s consolidated net profit dropped 58 per cent to Rs 148.4 crore in the quarter ended on March 31, 2017, compared to year ago period. The company had reported a consolidated net profit of Rs 354.4 crore in the quarter ended on March 31, 2016.
Indiabulls Real Estate: The company on Thursday reported 19 per cent increase in consolidated net profit at Rs 79.8 crore for the quarter ended March. Its net profit stood at Rs 67.2 crore in the year-ago period.
HDFC Bank: HDFC Bank is raising Rs 5,000 crore in a perpetual bond sale for the first time as the lender seeks to support its capital. Those bonds may offer a coupon of 8.85%, perhaps the lowest among such bond issuers, two sources familiar with the matter told ET.
ONGC: State-owned Oil and Natural GasBSE 2.14 % Corp (ONGC) made 23 oil and gas discoveries in the fiscal year ended March 31 as a record number of wells drilled helped it uncover new reserves.