These stocks are likely to be in focus on August 26
At market close on Thursday, the core equity indices ended in the red dragged by losses from IT, FMCG and Pharma stocks.
The Sensex ended at 58,774.7260, down by 310 points or 0.53% and the Nifty 50 closed at 17,522.45, lower by 82.50 points or 0.47%. The shares of Maruti Suzuki India, SBI, Dr Reddy’s Laboratories, and Kotak Mahindra Bank were some of the top gainers on the Sensex today.
On the BSE, 170 stocks have made their 52-week high whereas 24 stocks reached their 52-week lows today. Out of the 3552 stocks traded, on the BSE today, 1905 stocks have advanced, 1517 shares have declined whereas 130 stocks remained unchanged.
These stocks are likely to be in focus for Friday's trading session:
NHPC Limited: NHPC’s subsidiary NHPC Renewable Energy (NHPC REL) and the government of Rajasthan have signed a memorandum of understanding for the development of an ultra mega renewable energy power park in Rajasthan. The main objective is to set up 10 GW ultra mega renewable energy power parks and renewable energy projects will be developed either in EPC (engineering, procurement and construction) or developer mode by NHPC REL. The shares of the company ended higher by 3.82% on the BSE today.
Barbeque Nation Hospitality Limited: Credit rating agency ICRA has upgraded the credit rating for the bank facilities of Rs 15.50 crore of the speciality restaurants chain to A (Stable) and Rs 5 crore bank facilities, the rating has been upgraded to A2+.The shares of the company ended 0.23% higher, on the BSE.
RBL Bank: College Retirement Equity Fund (CREF) bought 45,84,678 shares or a 0.7% stake in the lender via open market transactions at an average price of Rs 108.86 per share. The shares of the company ended 4.63% higher, at Rs 127.90 on the BSE today.
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