Wednesday, February 19, 2020

Stock Market 19-Feb-2020

Stock Market 19-Feb-2020


Stock Market Update

Corporate News-

Hero to invest Rs10,000 crore in 5-7 years.
No proposal to merge LIC Housing finance with any other entity.
Mukesh Ambani’s RIL to consolidate media and distribution business.

Management Speaks-

Prashant Jain, MD & CEO of JSW Energy says the company’s total debt would stand around Rs1400cr after GMR Kamalanga deal.

Vijay Garg, joint MD of IOL Chemicals & Pharmaceuticals said that BASF (in the US) shutdown and coronavirus is leading to ibuprofen shortage.


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