Stocks to Watch: JSW Steel, NTPC, Jubilant Industries, LT Foods, Blue Star1 min read . Updated: 26 Mar 2020, 08:28 AM IST
- JSW Steel has decided to scale down or suspend production at all its manufacturing locations
- Crisil has reaffirmed its long-term rating at A- and revised the outlook on long-term loans to stable for LT Foods
Here is a list of top ten stocks that may be in focus on Thursday:
JSW Steel: The steel major on Thursday said it has decided to scale down or suspend production at all its manufacturing locations to prevent the spread of coronavirus.
NTPC: The state-owned company on Wednesday said it has added the second unit of Khargone super thermal power project (660 MW) to its total installed capacity after successful trial operation. With this, the total installed capacity of Khargone power project, NTPC and NTPC group stands at 1,320 MW, 50,355 MW and 58,816 MW, respectively.
Blue Star: The air conditioner maker on Wednesday said it has suspended operations at all its manufacturing plants and offices for three weeks starting 25 March to comply with the government’s order of a lockdown to contain the spread of coronavirus.
Ester Industries: The company on Wednesday said it has temporarily suspended its manufacturing operations of engineering plastic segment at its Khatima plant in Uttarkhand till further directive by the government in the wake of the coronavirus outhbreak.
Jubilant Industries: The company on Wednesday said its material subsidiary Jubilant Agri and Consumer Products Ltd has halted manufacturing operations at its Sahibabad, Uttar Pradesh, plant as preventive measure against the spread of coronavirus (COVID-19).
LT Foods: The company, which manufactures, processes and sells rice under the Daawat brand, on Wednesday said ratings agency Crisil has reaffirmed its long-term rating at A- and revised the outlook on long-term loans to stable.
Endurance Technologies: The auto component manufacturing company on Wednesday said it has temporarily closed operations in India and Italy due to the COVID-19 outbreak.
Ashok Leyland: The company on Wednesday said ratings agency ICRA has assigned the rating of ICRA AA with a negative outlook for the firm's long-term loans. The long-term non-convertible debentures have also been assigned the rating of ICRA AA with a negative outlook.
Bosch: The engineering and technology company on Wednesday said the suspension of suspension of operations at its manufacturing plants in Bengaluru, Naganathapura and Bidadi in Karnataka, Nashik in Maharashtra, Jaipur in Rajasthan and Gangaikondan in Tamil Nadu will continue beyond 31 March until further notice due to the coronavirus outbreak.
Cummins India: The company on Wednesday said it has decided to temporarily close all its offices and factories across India 15 April as per the government's order of a complete lockdown.