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Top 10 stocks for today – 21st December 2022

21 Dec 2022 , 11:22 AM

City Union Bank: 

For the year ending March 2022, the private sector lender reported a divergence in NPAs of Rs259 crore, comprising of 13 borrower accounts for an amount of Rs230 crore and 218 borrowers for an amount of Rs29 crore.

Dabur India: 

The Burman family, who are the promoters of the domestic FMCG giant, have raised money by selling shares on the open market that represent around 1% of the company.

Bharti Airtel: 

Under its startup accelerator program, the telecom operator paid an undisclosed sum for a strategic share of about 8% in Lemnisk.

Uno Minda: 

To expand its line of advanced vehicle sensors, the auto player signed a licensing deal with Ascentec, Korea.

Visaka Industries: 

The manufacturer of building materials stated that the West Bengal factory, which will cost Rs130 crore, will be operational by August 2023.

Reliance Capital: 

The Mumbai-based NBFC Cosmea Financial Holdings has withdrawn from the competition to purchase the insolvent company through an insolvency run bid procedure.

Sundaram Finance: 

The non-banking financial company and Care Health Insurance have agreed to work together to provide consumers with specialized health insurance options.

Jubilant Ingrevia: 

The company that deals in specialized chemicals issued commercial papers to raise Rs150 crore.

Shyam Metallics and Energy: 

The metal company said that by acquiring Mittal Corp Ltd through an NCLT-led resolution procedure, it had entered the stainless steel market.

VIP Clothing: 

The textile company recently raised Rs10.41 crore by selling its facility in Umbergaon.

For feedback and suggestions, write to us at editorial@iifl.com

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