Thursday, 15 March 2018

Stock Tips, Stock to Watch out for the day, Stock News



Stock Tips
HDFC: HDFC Asset Management Company, a subsidiary of HDFC has filed the draft red herring prospectus (DRHP) with the SEBI.  

Yes Bank, Fortis Healthcare; Yes Bank has sold 1.12 crore equity shares of Rs 10 each, constituting 2.17% of the paid up share capital of Fortis Healthcare, resulting into changes in holding of the bank by more than 2 percent of the total shareholding of Fortis Healthcare, from the last disclosure made by the bank on 13 March 2018.

Wipro: Wipro limited has announced that the company invested USD 2.02 million to acquire 20% stake in Avamo Inc., on a fully diluted basis.

Bharat Financial Inclusion: The non-banking finance company, Bharat Financial Inclusion Limited, completed its third securitization transaction in FY 2018 of Rs 450.82 crore. By this,   the company has completed securitization transactions worth Rs 1114.49 crore in FY 2018.


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