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CNBC-TV18's top stocks to watch out for November 21

Updated : November 21, 2019 08:03 AM IST

Indian shares are expected to make a muted opening following negative sentiment in the global markets. Among the stocks in news today, the telecom sector will be in focus after the government decided to defer payments of spectrum charges. The government has also approved stake sales in five CPSEs, including BPCL, Shipping Corp of India and Container Corp of India. Here is a list of stocks in focus today

Union Cabinet approved the sale of government's stake in five central public sector enterprises (CPSEs), including state-owned Bharat Petroleum Corporation Ltd (BPCL), Shipping Corp of India (SCI) and Container Corp of India. The government will sell its 53.29 percent stake in BPCL after taking out Numaligarh refinery from its portfolio. Besides, the government will sell its stake in THDC India and North Eastern Electric Power Corporation Ltd (NEEPCO) to state-owned NTPC Ltd, she said. (Image: Reuters)
Union Cabinet approved the sale of government's stake in five central public sector enterprises (CPSEs), including state-owned Bharat Petroleum Corporation Ltd (BPCL), Shipping Corp of India (SCI) and Container Corp of India. The government will sell its 53.29 percent stake in BPCL after taking out Numaligarh refinery from its portfolio. Besides, the government will sell its stake in THDC India and North Eastern Electric Power Corporation Ltd (NEEPCO) to state-owned NTPC Ltd, she said. (Image: Reuters)
Bharti Airtel, Vodafone Idea: Government decided to grant a 2-year moratorium for telecom companies to pay their spectrum dues. It decided to defer receipt of spectrum auction instalment due from TSPs (telecom service providers) for years 2020-2021 & 2021-2022. These telecom companies have to pay Rs 92,000 crore to the government as Adjusted Gross Revenue (AGR). (Image: Reuters)
Bharti Airtel, Vodafone Idea: Government decided to grant a 2-year moratorium for telecom companies to pay their spectrum dues. It decided to defer receipt of spectrum auction instalment due from TSPs (telecom service providers) for years 2020-2021 & 2021-2022. These telecom companies have to pay Rs 92,000 crore to the government as Adjusted Gross Revenue (AGR). (Image: Reuters)
Zee Entertainment Enterprises’ promoters Essel Group will sell 16.5 percent stake to financial investors to raise around Rs 5,000 crore to repay loan obligations. Essel Group has launched the process to sell 15 crore ZEE shares at a floor price of Rs 277 per share. Post this process the Essel Group will retain a 5 percent stake in the company. Punit Goenka is likely to continue as the MD & CEO of the company. Essel Group’s encumbered holdings will reduce to 1.1 percent in ZEEL post this deal from the current 10.71 percent.
Zee Entertainment Enterprises’ promoters Essel Group will sell 16.5 percent stake to financial investors to raise around Rs 5,000 crore to repay loan obligations. Essel Group has launched the process to sell 15 crore ZEE shares at a floor price of Rs 277 per share. Post this process the Essel Group will retain a 5 percent stake in the company. Punit Goenka is likely to continue as the MD & CEO of the company. Essel Group’s encumbered holdings will reduce to 1.1 percent in ZEEL post this deal from the current 10.71 percent.
The Reserve Bank of India (RBI) superseded the board of the debt-ridden Dewan Housing Finance Limited (DHFL). The central bank will initiate the process of resolution of the company under the bankruptcy code, 2019 and would also apply to the National Company Law Tribunal (NCLT) for appointing the administrator as the resolution professional. DHFL owes over Rs 38,000 crore to banks alone and has over Rs 85,000 crore liabilities in total which it owes to banks, mutual funds, pension funds, National Housing Bank, depositors and others. (File Photo)
The Reserve Bank of India (RBI) superseded the board of the debt-ridden Dewan Housing Finance Limited (DHFL). The central bank will initiate the process of resolution of the company under the bankruptcy code, 2019 and would also apply to the National Company Law Tribunal (NCLT) for appointing the administrator as the resolution professional. DHFL owes over Rs 38,000 crore to banks alone and has over Rs 85,000 crore liabilities in total which it owes to banks, mutual funds, pension funds, National Housing Bank, depositors and others. (File Photo)
Tata Consultancy Services (TCS) announced the launch of a first-of-its-kind innovation Hub in Hyderabad, India. With support from Qualcomm Technologies, lnc., an industry leader in wireless technology, the new hub will be used to build domain-specific solutions that utilize the combinatorial power of Al, loT and 5G technologies to help global enterprises across industries accelerate their digital transformation journeys, TCS said. (Image: Reuters)
Tata Consultancy Services (TCS) announced the launch of a first-of-its-kind innovation Hub in Hyderabad, India. With support from Qualcomm Technologies, lnc., an industry leader in wireless technology, the new hub will be used to build domain-specific solutions that utilize the combinatorial power of Al, loT and 5G technologies to help global enterprises across industries accelerate their digital transformation journeys, TCS said. (Image: Reuters)
Tata Motors: Moody's has assigned a B1 rating to JLR's 500 million euro proposed notes. (Image: Reuters)
Tata Motors: Moody's has assigned a B1 rating to JLR's 500 million euro proposed notes. (Image: Reuters)
Jubilant Life Sciences Ltd. announced that China has decided to terminate the 17.6 percent anti‐dumping duty on imported pyridine originating in India. Jubilant Life Sciences is largest manufacturer of Pyridine & its 14 derivatives.
Jubilant Life Sciences Ltd. announced that China has decided to terminate the 17.6 percent anti‐dumping duty on imported pyridine originating in India. Jubilant Life Sciences is largest manufacturer of Pyridine & its 14 derivatives.
Prabhat Dairy: Board approved the issue of NCD worth Rs 200 crore for working capital needs. Additionally, company’s Independent Director Anoop Krishna has resigned from his post.
Prabhat Dairy: Board approved the issue of NCD worth Rs 200 crore for working capital needs. Additionally, company’s Independent Director Anoop Krishna has resigned from his post.
Reliance Capital: Delhi High Court has passed an order placing restrictions on any sale, disposal or creation of any encumbrance on any assets of the company including the company's 4.28% shareholding in Reliance Nippon Life Asset Management Ltd, till December 16.
Reliance Capital: Delhi High Court has passed an order placing restrictions on any sale, disposal or creation of any encumbrance on any assets of the company including the company's 4.28% shareholding in Reliance Nippon Life Asset Management Ltd, till December 16.
State-run OIL India announced the commencement of exploration activities including seismic survey data acquisition in Rajasthan's Siyasar block won under OALP-I round. The block falls under Bikaner and Ganganagar District of Rajasthan. With this, OIL becomes the first operator to begin the exploration activities under the committed work programme (CWP) in an OALP regime block in the country. (Image: Reuters)
State-run OIL India announced the commencement of exploration activities including seismic survey data acquisition in Rajasthan's Siyasar block won under OALP-I round. The block falls under Bikaner and Ganganagar District of Rajasthan. With this, OIL becomes the first operator to begin the exploration activities under the committed work programme (CWP) in an OALP regime block in the country. (Image: Reuters)
Published : November 21, 2019 07:29 AM IST
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