(RTTNews) - Thursday, the following stocks are in the spotlight in the Indian market due to stock or sector-specific news or reports. Stock prices are taken from the BSE, unless stated otherwise.
State Bank of India (Rs.2,155.90, down 0.18%) - The state-run lender expects its credit growth to rise to around 20% next year from 18% this year.
Karnataka Bank (Rs.136.40, up 0.33%) - The bank has set the floor price at Rs.132.50 per share for a qualified institutional share placement.
JSW Steel (Rs.1,152, down 0.07%) - Despite the price of steel remaining flat in the December-quarter, the company improved its net sales realization by 5% through a change in product mix.
NALCO (Rs.454.50, down 0.36%) - The state-run Aluminium producer plans to set up mines and a refinery in Andhra Pradesh and a second aluminium smelter in Orissa.
Yes Bank (Rs.265.35, down 2.68%) - The private sector bank plans to raise $150 million-$200million via a qualified institutional share placement by the end of March.
BHEL (Rs.2,389, down 0.29%), Larsen & Toubro (Rs.1,607, down 1.80%) - Domestic companies should be given bulk of supply contracts for power equipment to protect against cheap foreign imports, Heavy Industries and Public Enterprises Minister Vilasrao Deshmukh said on Wednesday.
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