Stocks That Were In News On December 18, 2015

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The 30-share benchmark index ended the trade at 25519.22 lower by 284 points, while the NSE Nifty was at 7761.95, up by 82 points.

On the global front, markets across Asia ended the day with losses, while most of Europe was trading lower, following weak closings in the US.

Stocks That Were In News On December 18, 2015

Syndicate Bank

Syndicate Bank said that the bank has issued unsecured redeemable non-convertible Basel III Compliant 10 year Tier II Bonds in the nature of debentures (Bonds) for inclusion in Tier II Capital aggregating to Rs. 750.00 Crore.

The stock ended the trade at Rs 88, higher by 1.21 per cent on BSE. It touched na intra-day high of Rs 89.35 during the trade.

Maruti Suzuki

Shares in Maruti said that it has received an approval from shareholders for its Gujarat plant. As per the new Companies Act, 2013, the company needed over 50 percent of the minority votes cast to be in its favour.

The stock ended the trade at Rs 4617, lower by 1.25 per cent on NSE. It touched na intra-day low of Rs 4611 during the trade.

Tata Power

Tata Power has said that it has entered into a pact with renewable energy firm Gamesa India for a 100 mw wind turbine project in Andhra Pradesh..

The stock ended the trade at Rs 64.10, higher by 0.85 per cent on BSE. It touched na intra-day high of Rs 85.95 during the trade.

Alok Industries

Shares of Alok Industries  fell 8.8 percent intraday Friday on posting huge losses in the quarter ending September 2015.

The stock ended the trade at Rs 6.52, lower by 8.56 per cent on BSE. It touched na intra-day low of Rs 6.33 during the trade. 

Housing Development Finance Corporation

Housing Development Finance Corporation Limited (HDFC) has said that it has entered into an agreement with the ERGO Insurance Group, Dsseldorf, Germany (ERGO) in which ERGO will increase its stake in HDFC ERGO General Insurance Company Limited (HDFC ERGO).

The stock ended the trade at Rs 1224, lower by 1.33 per cent on NSE. It touched na intra-day low of Rs 1222 during the trade. 

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