Here are a few stocks that are likely to move in trades on Wednesday:
IndusInd Bank: The Reserve Bank of India cleared IndusInd Bank merger with Bharat Financial.
Yes Bank: The lender acquired 17.31 percent stake in Fortis Healthcare pursuant to invocation of pledge.
Larsen & Toubro: The National Highway Authority of India awarded Dwarka Expressway contract worth Rs 1,047 crore to L&T.
Usha Martin: The company clarified it has not been contacted by the Enforcement Directorate with respect to investigation of granted loans.
Bharat Petroleum Corp: The oil refiner will submit resolution plan for insolvent Nagarjuna oil by March 17.
Torrent Pharma: The company may raise Rs 1,500 crore by selling shares to institutional investors, reported Mint newspaper.
Gitanjali Gems: The National Stock Exchange has fined the company, along with ABG Shipyard, Amtek Auto, DS Kulkarni Developers, Bharati Defence and Infrastructure, Educomp Solutions, Shree Renuka Sugars, Moser-Baer (I) and Sterling Biotech for failing to file December quarter results.
