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    Vikshita Vitthal Gujaran in News

    05-Apr-2023 10:11 AM


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    Stocks to Watch: RIL, Grasim, IndusInd Bank, Maruti Suzuki, LIC, Airtel

    Following are the stocks that could be in focus in Wednesday's trade: Reliance Industries: Mukesh Ambani's Reliance Industries has secured an additional credit line of $2 billion from 18 banks after obtaining a $3 billion from 55 banks last week.
    The company plans to double its volumes from the previous year and gain market share in the SUV segment, which currently makes up 40% of passenger vehicle sales in India.
    Maruti Suzuki already has 194,000 pending orders for its SUV range, including the Brezza.
    Bharti Airtel: Bharti Airtel on Tuesday said it has approved the allotment of equity worth $5.1 million (about ₹42 crore) to holders of its foreign debt bonds issued in January 2020 at ₹521 a share.
    The government has warned of legal action if the company went ahead with the proposed deal.
    HZL was privatised over two decades ago but the government still holds a 29.54% stake in the miner.

    Source - Mint