Dec 8 Market Hotlist - PNB, Biocon, Fino Bank, IndiGo, Ashoka Buildcon & More

Money
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News18•07-12-2025, 23:56
Dec 8 Market Hotlist - PNB, Biocon, Fino Bank, IndiGo, Ashoka Buildcon & More
- •Fino Payments Bank received RBI in-principle approval to convert into a Small Finance Bank, marking a significant milestone.
- •PNB announced a reduction in its Repo Linked Lending Rate (RLLR) from 8.35% to 8.10%, effective December 6, 2025.
- •Ashoka Buildcon secured an additional work order of Rs 447.21 crore for the T-Junction Flyover project on the Sion-Panvel Highway.
- •Biocon plans to fully integrate its subsidiary Biocon Biologics via a $550 million share swap, with completion expected by March 31, 2026.
- •Cochin Shipyard bagged a "Significant" order (₹250–₹500 crore) from Denmark's Svitzer for Advanced Electric Towing Vessels.
Why It Matters: Investors gain insights into companies poised for significant stock movement.
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