Friday's Market Movers: Stocks to Watch After Thursday's Closing Announcements

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Stocks to Watch: IOB, Max Financial, Balaji Amines, Gandhar Oil in Focus Today

Stocks to Watch: IOB, Max Financial, Balaji Amines, Gandhar Oil in Focus Today

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CNBC Awaaz•13-03-2026, 06:52

Stocks to Watch: IOB, Max Financial, Balaji Amines, Gandhar Oil in Focus Today

•Indian Overseas Bank reduced its one-month Marginal Cost of Funds Based Lending Rate (MCLR) by 10 basis points to 8.20%, effective March 15, 2026.
•Max Financial Services board approved raising up to ₹2,000 crore through a Qualified Institutional Placement (QIP) or other permissible methods.
•Balaji Amines announced temporary plant shutdowns due to logistical hurdles in ammonia supply stemming from the West Asia conflict.
•Gandhar Oil Refinery India Ltd reported a 20% rise in base oil prices and increased freight costs amid West Asia geopolitical tensions.
•Nectar Lifesciences signed a ₹100 crore inter-corporate loan agreement with its wholly-owned subsidiary Avensis Exports Private Ltd.

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An image of Lakshmi, the Hindu goddess of wealth and prosperity, is placed between monitors displaying share price index at a share trading market in the northern Indian city of Chandigarh August 29, 2013. Indian shares rose nearly 2 percent as blue chip shares including HDFC surged tracking a rebound in the rupee from a record low in the previous session, after the central bank's move to provide dollars directly to oil companies. REUTERS/Ajay Verma (INDIA - Tags: BUSINESS RELIGION)

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