NEW DELHI : Here’s a list of stocks that may be in news on Wednesday:
InterGlobe Aviation: IndiGo parent InterGlobe Aviation reported a net loss of ₹870.8 crore in the three months ended March, as higher expenses and suspension of flight operations due to coronavirus pandemic took a toll.
HDFC Bank and SBI: Moody’s Investor Service has downgraded both the country’s largest private sector lender HDFC Bank Ltd and the state-owned State Bank of India, citing economic disruption caused by coronavirus outbreak. Seven other domestic banks saw either their rating or their outlook being negatively revised by Moody’s on Tuesday.
