Friday, February 7, 2020

Stock Market 07-Feb-2020



Stock Market 07-Feb-2020

Stock Market Update

Corporate News-

* CDPQ, Piramal Partner to deploy $300 million for private credit financing in India.

* Voda Idea to move all postpaid users under Vodafone RED.

* Dilip Buildcon bags Rs 861 crore road project in Chhattisgarh.

* Emami Group signs binding pact with Nuvoco Vistas for selling 100% stake in Emami Cement.

Management Speaks-

* Gagan Banga, vice chairman and MD of Indiabulls Housing Finance said that the steps taken for real estate (RBI monetary policy) important from sentiment and financial point of view.

* J Packirisamy, MD and CEO of Andhra Bank expects recovery of Rs 3,900 crore in Q4, majorly from NCLT accounts.

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