KEC International share price will remain in focus on November 28 after the company has secured turnkey orders of Rs 1,704 crore in its Transmission & Distribution (T&D) business for design, supply and installation of 765 kV Transmission Lines and GIS Substations from Power Grid Corporation of India Limited (PGCIL).
Open FlipCrisil Ratings has downgraded the credit rating on microfinance lender Fusion Finance's long-term bank loan facility of Rs 8,000 crore to ‘A’ from ‘A+/ negative’ and placed it under rating watch with developing implications. It also downgraded the rating on the Rs 50 crore commercial paper to ‘A1’ from ‘A1+’.
Open FlipVaishali Parekh, VP of technical research at Prabhudas Lilladher, said the Nifty has been gradually showing signs of a rebound, with adverse sentiment easing out. Stock recommendations- 💰Morepen Laboratories: Buy at ₹76; Target at ₹81; Stop Loss at ₹74. 💰HFCL: Buy at ₹133; Target at ₹140; Stop Loss at ₹128. 💰Hindustan Unilever: Buy at ₹2,490; Target at ₹2,600; Stop Loss at ₹2,420.
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