RBL Bank, Zee Entertainment, HP Adhesives, and Adani Transmission among hot stocks on December 27

Dec 27, 2021

Credit: BCCL

RBL Bank

Its long-term MD and CEO Vishwavir Ahuja has gone on leave with immediate effect, with Rajeev Ahuja replacing him in the interim.

Credit: RBL Bank

Contd...

Media reports suggest that Rakesh Jhunjhunwala and Radhakishan Damani have approached the RBI to pick up a 10 percent stake in RBL Bank.

Credit: RBL Bank

HP Adhesives

The adhesives maker’s shares will debut on the stock exchanges today, after receiving 21 times subscription.

Credit: HP Adhesives

Contd...

The grey market premium was hovering around 20 percent, around the ₹80 mark.

Credit: HP Adhesives

Zee Entertainment

The company is now out of NSE’s futures and options ban, which means traders can take fresh positions in the stock now.

Credit: Zee Entertainment

Adani Transmission

Received a Letter of Intent to bid for a system worth ₹1,200 crore, which would help evacuate 3GW of renewable energy from Gujarat.

Credit: Adani Transmission

GMR Infrastructure

Its subsidiary has signed a shareholders’ agreement with Angkasa Pura II for the development and operation of an international airport in Indonesia.

Credit: GMR Infrastructure

Lupin

Received US FDA approval for its abbreviated new drug application for Sevelamer Carbonate used to control blood phosphorus levels in patients on dialysis.

Credit: Lupin

Dish TV

Promoters have filed a petition to stop Yes Bank from voting in the company’s annual general meeting.

Credit: Dish TV

IPO Watch

Hexagon Nutrition has filed its draft red herring prospectus for a ₹600 crore issue.

Credit: Flickr