Stocks That Were In News On February 19, 2016

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The 30-share benchmark index ended the trade at 23709.15, higher by 59.93 points, while the NSE Nifty was at 7210.75, up by 19.00 points. 

On the global front, Asian peers ended the day in red. Meanwhile, European counters were seen trading mixed.

Stocks That Were In News On February 19, 2016

SBI

State Bank of India today said it has raised Rs 3,000 crore from bonds to fund business growth.

The stock ended the day at Rs 164.90, higher by 3.20 per cent on BSE. It touched an intraday high at Rs 165 during the trade.

Cadila Healthcare

The company said that it has received approval from the US Food and Drug Administration (USFDA) to market Doxycycline capsules USP, 50 mg, 75 mg, and 100 mg.
The stock ended the day at Rs 324, higher by 1.78 per cent on BSE. It touched an intraday high at Rs 336 during the trade.

Voltas

The Shares of the company rose after the rating agencies raised the target price of Rs 273 from Rs 265 per share, implying a 16 percent upside.

The stock ended the day at Rs 236, higher by 0.66 per cent on BSE. It touched an intraday high at Rs 240 during the trade.

Punjab National Bank

The bank may consider sale of certain important core assets. We are trying to get their valuations first. We need to decide what to dispose, how much it will fetch" PNB Managing Director Usha Ananthasubramanian told PTI.

The stock ended the day at Rs 76.20, higher by 5.18 per cent on BSE. It touched an intraday high at Rs 76.70 during the trade.

Axis Bank

Axis Bank has announced its ambitious plans to further strengthen its remittance offering in the Gulf Cooperation Council (GCC) region by providing new channels of money transfer to existing NRI customers.

The stock ended the day at Rs 391, lower by 1.37 per cent on BSE. It touched an intraday high at Rs 397 during the trade.

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