Reliance Industries, Coal India and other top stocks to watch out for on November 25

Nov 25, 2021

By: Rounak Jain

Reliance Industries

To transfer its Jamnagar gasification undertaking to a new wholly-owned subsidiary as the company looks to unlock investor value.

Credit: Reliance-Industries

Coal India

More price hikes could be in the offing as the company states it needs to protect profitability amid rising costs.

Credit: BCCL

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It further added that high diesel and employee salaries threaten to eat into investor returns and future investments.

Credit: BCCL

Indian Overseas Bank and Central Bank

Media reports suggest that the government might privatise these two banks.

Credit: BCCL

Siemens

Its board has recommended a dividend of ₹8 per share for the financial year ended September 2021.

Credit: Siemens

Grasim Industries

State insurer LIC offloaded a 2.02 percent stake in the company, bringing down its holding to 9.83 percent.

Credit: Grasim-Industries

Pidilite Industries

The Fevicol maker’s subsidiary has invested in Constrobot Robotics, which is engaged in the business of research, development and manufacturing of robotic equipment.

Credit: Pidilite-Industries

Ramco Cements

Commissioned a new waste heat recovery system that will help the company generate 5 megawatts of additional power.

Credit: Ramco-Cements

AU Small Finance Bank

Crisil Ratings has upgraded the bank’s outlook to positive from stable with respect to its fixed deposit and long-term debt instruments.

Credit: AU-Small-Finance-Bank

Two Omicron cases reported in India and both are from Karnataka ⁠