Stocks You Shouldn’t Be Missing Out on Dec 27: IRCON, Emami Realty & More

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Stocks You Shouldn’t Be Missing Out on Dec 27: IRCON, Emami Realty & More
Credit: © Reuters.

By Malvika Gurung -- Ircon International Ltd (NS: IRCN ): The railway company incorporated Ircon Ludhiana Rupnagar, a wholly-owned subsidiary on Dec 24, constructing the greenfield Ludhiana Rupnagar National Highway.

Canara Bank (NS: CNBK ): The state-owned bank raised Rs 2,500 crore by issuing Basel-III compliant bonds to a total of 10 allottees, after receiving a total bid amount of Rs 9,374 crore.

GMR Infrastructure (NS: GMRI ): The infra conglomerate has signed a shareholders agreement with Indonesia’s Angkasa Pura II on Dec 23 to develop Medan Airport, Indonesia.

VST Tillers Tractors Ltd (NS: VST ): The tillers and tractors manufacturer will likely shut down this fiscal with a record topline of Rs 1,000 crore and amid rising compact tractors’ demand. The company is India’s largest power manufacturer and meets almost two-thirds of the demand.

Emami (NS: EMAM ) Realty: Credit rating agency CARE has upgraded the long term bank facilities rating of the real estate company from 'BBB-; Stable’ to 'BBB; Stable'.

Banas Polytex: The commercial services company has approved raising funds to about Rs 49.8 crore through the Rights issue.

Lloyds (LON: LLOY ) Steels Industries: The heavy equipment manufacturer will issue and allot optionally fully convertible debentures of up to Rs 20.72 crore worth through preferential allotment, which will be used for general corporate purposes.

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