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    Stocks in the news: SBI Life, Vadilal Industries, Prestige Estates, Airtel and Vodafone Idea

    Synopsis

    Tata Steel plans to cut jobs across its European operations as it wrestles with excess supply.

    ETMarkets.com
    NEW DELHI: Nifty futures on the Singapore Exchange traded 32.50 points, or 0.27 per cent, lower at 11,890.50, indicating a negative start for Dalal Street. Here are a few stocks which may buzz the most in today’s trade:

    SBI Life Insurance: PE firm Carlyle Group, which acquired 9 per cent stake in SBI Life Insurance in March this year, is planning to sell 3 per cent, or 3 crore shares, of the insurance firm through a block deal route on Tuesday at an impressive 86 per cent profit in just eight months.

    Vadilal Industries: Deloitte Haskins and Sells has resigned from Vadilal Industries as its statutory auditors after corporate governance issues continue to hang over the Ahmedabad-based ice-cream maker.

    Tata Steel: The company plans to cut jobs across its European operations as it wrestles with excess supply and high costs, the company said on Monday

    DB Realty, Prestige Estates: Bengaluru-based realty firm Prestige Estates has bought 28.99 per cent stake in a commercial project in Mumbai of DB Realty. The deal value was not disclosed.

    Punjab National Bank, Union Bank of India: The two banks said they have received in-principal approval from the government for their amalgamation with other public sector banks.

    Dhanuka Laboratories: The NCLAT has rejected the bid of Dhanuka Laboratories for the debt-ridden Orchid Pharma, and vacated the order passed by the Chennai-bench of NCLT, which had earlier approved its resolution plan.

    Bharti Airtel, Vodafone Idea: Telecom operator Bharti Airtel said it will start raising rates for services in December to make business viable. Vodafone Idea also said it will raise mobile services rates from December 1 in the wake of ongoing financial stress.

    InterGlobe Aviation: Replacing all Pratt & Whitney engines on IndiGo’s fleet of almost 100 Airbus planes by January 31, as ordered by India’s aviation watchdog, will be challenging but the airline aims to complete the work, CEO said.

    Maruti Suzuki: The car maker witnessing a sudden surge in demand for its diesel models, compelling the maker of the Vitara Brezza and Dzire to ramp up production of some of the variants that it plans to phase out before the new emission standards come into effect in April.

    Insider Buys:
    • Avadh Sugar & Energy Limited: Chandra Shekhar Nopany, Trustee - Shekhar Family Trust has bought 500,000 shares through Off Market on Nov 13, 2019.
    • Ganges Securities Limited: Shekhar Family Trust has bought 464,160 shares through Off Market on Nov 13, 2019.
    • IDFC First Bank Limited: Idfc Financial Holding Company Limited has bought 504,390 shares through Market Purchase on Nov 13, 2019.
    • Magadh Sugar & Energy Limited: Chandra Shekhar Nopany, Trustee - Shekhar Family Trust has bought 700,000 shares through Off Market on Nov 13, 2019.
    • NHPC Limited: Himanshu Shekhar has bought 50,000 shares through Market Purchase on Nov 14, 2019.
    • NHPC Limited: Vanita Shekhar has bought 150,000 shares through Market Purchase on Nov 14, 2019.
    • Rushil Decor Limited: Krupesh Ghanshyambhai Thakkar has bought 15,000 shares through Market Purchase on Nov 15, 2019.
    • Subex Limited: Subex Employee Welfare And Esop Benefit Trust has bought 79,999 shares through Market Purchase on Nov 14, 2019.
    • Tanla Solutions Limited: Sanjay Baweja has bought 51,436 shares through Market Purchase on Nov 13, 2019.
    • Zensar Technologies Limited: Summit Securities Limited has bought 20,250 shares through Market Purchase on Nov 13, 2019.
    Insider Sells:
    • Asian Granito India Limited: Donroy Ceramics Llp has sold 39,200 shares through Market Sale on Oct 29, 2019.
    • Axis Bank Limited: Sanjay Silas has sold 25,000 shares through Market Sale on Nov 14, 2019.
    • Brigade Enterprises Limited: Jayaprakasan K R has sold 25,000 shares through Market Sale from Nov 13, 2019 to Nov 15, 2019.
    • Chambal Fertilizers & Chemicals Limited: Nandini Nopany has sold 14,000,000 shares through Off Market on Nov 13, 2019.
    • HDFC Bank Limited: Abhay Aima has sold 50,000 shares through Market Sale on Nov 11, 2019.
    • ICICI Bank Limited: Ripujit Chaudhuri has sold 24,750 shares through Market Sale on Nov 13, 2019.
    • ICICI Bank Limited: Sriram Hariharan has sold 20,000 shares through Market Sale on Nov 11, 2019.
    • ICICI Bank Limited: Sudhir Dole has sold 20,000 shares through Market Sale on Nov 13, 2019.
    • Indiabulls Ventures Limited: Anil Mittal has sold 20,000 shares through Market Sale from Nov 8, 2019 to Nov 14, 2019.
    • Indiabulls Ventures Limited: Nafees Ahmed has sold 33,643 shares through Market Sale from Nov 13, 2019 to Nov 14, 2019.
    • Indiabulls Ventures Limited: Pranav Shah has sold 25,000 shares through Market Sale from Nov 13, 2019 to Nov 14, 2019.
    • Ruchi Soya Industries Limited: Soyumm Marketing Private Limited has sold 2,500,000 shares through Market Sale on Nov 13, 2019.
    • Smartlink Holdings Limited: Arati Kamalaksha Naik has sold 380,616 shares through others on Nov 13, 2019.
    • Smartlink Holdings Limited: Kamalaksha Rama Naik has sold 1,907,763 shares through others on Nov 13, 2019.
    • Smartlink Holdings Limited: Kamalaksha Rama Nail (Huf) has sold 41,401 shares through others on Nov 13, 2019.
    • Smartlink Holdings Limited: Lakshana Amit Sharma has sold 310,564 shares through others on Nov 13, 2019.
    • Smartlink Holdings Limited: Sudha Kamalaksha Naik has sold 190,316 shares through others on Nov 13, 2019.
    • UltraTech Cement Limited: Igh Holdings Private Limited has sold 216,111 shares through Market Sale from Nov 8, 2019 to Nov 11, 2019.
    • Yes Bank Limited: Yes Capital (India) Private Limited has sold 20,424,100 shares through Market Sale from Nov 13, 2019 to Nov 14, 2019.



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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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