HDFC Bank, Macrotech Developers, Adani Ports and other stocks to watch out for on April 19

Apr 19, 2021

Credit: BCCL

HDFC Bank

The bank reported a 18.2 percent increase in net profit in the March 2021 quarter year-on-year, while net interest margin stood at 4.2 percent.

Credit: BCCL

Macrotech Developers

It is all set to list on the stock exchanges today after its shares were oversubscribed by 1.36 times at an issue price of ₹486 per share.

Credit: BCCL

Adani Ports & SEZ

It has completed the acquisition of 31.5 percent stake in Gangavaram port at ₹3,604 crore.

Credit: Adani Ports

Bharti Airtel

It has sold 100 percent stake in AirtelTigo to the Government of Ghana.

Credit: BCCL

Pharma stocks

Drug makers like Hetero, Cadila, Cipla, Dr. Reddy’s Laboratories have reduced prices of remdesivir injection which is used in the treatment of COVID-19.

Credit: BCCL

Glenmark Pharmaceuticals

Its subsidiary Glenmark Life Sciences has initiated the process of public listing by filing its Draft Red Herring Prospectus (DRHP) with SEBI.

Credit: Glenmark Pharmaceuticals

Adani Green Energy

Its subsidiary has bagged a 150MW solar energy project from Torrent Power.

Credit: Adani Green Energy

Coal India

It has incorporated two subsidiaries – CIL Solar PV and CIL Navikarniya Urja for solar value chain manufacturing and renewable energy, respectively.

Credit: BCCL

NTPC

It will issue 15-year non-convertible bonds worth ₹3,996 crore via private placement, to be used toward capital expenditure and refinancing loans.

Credit: NTPC

Bajaj Consumer

It is scheduled to announce its March 2021 results today. Its share price has surged recently, inching closer to its 52-week high.

Credit: Bajaj Consumer