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CNBC-TV18’s top stocks to watch out for on September 22

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CNBC-TV18’s top stocks to watch out for on September 22

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Market

Updated : 2020-09-22 07:24:33

The Indian market may trade volatile on Tuesday as investors remain cautious following losses in Asian and US markets amid weak global cues. However, at 7:15 am, the SGX Nifty was trading 42.00 points or 0.37 percent higher at 11,286.00, indicating a positive start for the Sensex and Nifty50.

 State Bank of India  | The bank’s board has approved allotment of debentures worth Rs 7,000 crore.

State Bank of India | The bank’s board has approved allotment of debentures worth Rs 7,000 crore.


 GMM Pfaudler  | The promoter of the company will sell 25.71 lakh shares via offer for sale at a floor price set at Rs 3,500 per share on September 22-23.

GMM Pfaudler | The promoter of the company will sell 25.71 lakh shares via offer for sale at a floor price set at Rs 3,500 per share on September 22-23.


 Jindal Steel & Power  | The company has clarified on reports of certain transactions undertaken between 2014-16 saying that all transactions entered into by the company were part of routine business activities and all the transactions had proper underlying assets.

Jindal Steel & Power | The company has clarified on reports of certain transactions undertaken between 2014-16 saying that all transactions entered into by the company were part of routine business activities and all the transactions had proper underlying assets.


 Ramco Cements  | ICRA has reaffirmed long-term credit rating at AA+/Stable.

Ramco Cements | ICRA has reaffirmed long-term credit rating at AA+/Stable.


 CEAT  | The company’s board will consider raising funds via NCDs on September 25.

CEAT | The company’s board will consider raising funds via NCDs on September 25.


 Shree Renuka Sugars  | The company has approved the allotment of 21.16 crore equity shares at Rs 8.74 per share aggregating to Rs 185 crore on a preferential basis to promoter Wilmar Sugar Holdings Pte Ltd.

Shree Renuka Sugars | The company has approved the allotment of 21.16 crore equity shares at Rs 8.74 per share aggregating to Rs 185 crore on a preferential basis to promoter Wilmar Sugar Holdings Pte Ltd.


 HSIL  | The company has approved buyback of up to Rs 70 crore worth of shares at Rs 105 per share.

HSIL | The company has approved buyback of up to Rs 70 crore worth of shares at Rs 105 per share.


 Aarti Drugs  |The company has set the record date for the bonus issue on October 1.

Aarti Drugs |The company has set the record date for the bonus issue on October 1.


 Bombay Burmah Trading  | The company’s board will consider raising Rs 75 crore via NCDs on September 24.

Bombay Burmah Trading | The company’s board will consider raising Rs 75 crore via NCDs on September 24.


 Phillips Carbon Black  | CARE Ratings has reaffirmed the company's long-term credit rating at AA-/Stable.

Phillips Carbon Black | CARE Ratings has reaffirmed the company’s long-term credit rating at AA-/Stable.


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