Stock Market News- Stocks to Watch out on 22 November:
Key benchmark indices edged higher in early trade on Wednesday, with indices extending fresh gains tracking steadiness in Asian stocks.
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Stocks to watch out today: Steel Authority of India’s (SAIL) stock will be watched out as the company is likely to have JV for 1.5 million ton steel plant for production of auto-grade steel with Arcelor Mittal.
Telecom sector stocks will be in limelight as the Telecom Regulator has put forward relaxing spectrum holding limits.
Shares of Reliance Industries Limited is on watch after the global investment banking company Goldman Sachs raised their target price by 26% to Rs 1,205.
RIL shares rose by 2% to Rs.939.65, on Tuesday’s closing.
Ajanta Pharma announced that it has got the USFDA approval for the bioequivalent generic version of Kapvay tablets and the same has been launched in US market through its wholly owned subsidiary, Ajanta Pharma USA Inc.
Bank of Baroda has announced that it has approved the proposal of raising additional equity capital aggregating upto Rs 6000 crore by way of rights issue or QIP, depending on applicable statutory approvals.
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