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Stocks in deal with September 7, 2020

New Dehi: Markets ended with deep cuts on Friday monitoring losses in index heavyweights amid a world selloff.

The BSE Sensex tanked 633.76 factors or 1.63 per cent to shut at at 38,357.18 whereas the NSE Nifty plunged 193.60 factors or 1.68 per cent to shut at 11,333.85.

Here are Stocks in deal with September 7, 2020

BPCL

The authorities will present steering on worker safety, asset stripping and enterprise continuity in Bharat Petroleum Corp Ltd (BPCL) to potential acquirers of the corporate solely at a later stage of bidding, in accordance with privatisation guidelines issued by the disinvestment division. The authorities is promoting its complete 52.98 per cent stake in India’s second-largest gasoline retailer and third-biggest oil refiner.

ONGC

State-owned Oil and Natural Gas Corp (ONGC) has managed to avoid wasting its golf programs in Ahmedabad and Vadodara after the division of disinvestment dropped a proposal to divest the corporate of the ‘non-core’ property, PTI quoting sources stated. The Department of Investment and Public Asset Management (DIPAM), erstwhile known as the division of disinvestment, had in May 2019 decreed golf programs and sports activities golf equipment owned by central public sector enterprises as non-core property and wished them to monetise them.

Vodafone Idea

Beleaguered telecom operator Vodafone Idea on Friday accepted plan to boost as much as Rs 25,000 crore via a mix of fairness and debt devices to maintain the corporate afloat. The essential choice got here days after the Supreme Court directed telecom operators to pay 10 per cent of complete adjusted gross income (AGR)-related dues this 12 months, and remainder of the funds in 10 instalments, beginning subsequent fiscal 12 months.

NALCO

National Aluminium Co Ltd (Nalco) on Friday reported 82.9 per cent drop in consolidated revenue at Rs 16.69 crore for quarter ended June 30. The firm had posted a consolidated revenue of Rs 97.87 crore within the corresponding quarter of the earlier fiscal, the state-owned agency stated in a BSE submitting.

Jubilant Life Sciences

Drug agency Jubilant Life Sciences on Friday reported a 52.42 per cent decline in its consolidated web revenue to Rs 88.01 crore for the quarter ended June 30, 2020. The firm had posted a web revenue of Rs184.98 crore for the corresponding interval of the earlier fiscal, Jubilant Life Sciences stated in a submitting to BSE.

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