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Prudent ARC top bidder for Aban Offshore debt
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ET Markets - Stocks 24d ago

Prudent ARC top bidder for Aban Offshore debt

Prudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks the first time a bank has sold Aban Offshore's debt, resulting in an excess recovery for PNB compared to the promoters' settlement offer. The move allows PNB to avoid lengthy legal recovery processes.

ABANBANKINDIAIDFCFIRSTBPNBPRUDENTPSBFinancial ServicesOil Gas & Consumable Fuels
Market Trading Guide: ONGC among 2 stocks to buy on Friday for up to 16% returns
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ET Markets - Stocks 142d ago

Market Trading Guide: ONGC among 2 stocks to buy on Friday for up to 16% returns

Nifty ended sharply lower as US-Iran tensions sparked a broad sell-off, breaking its three-day gain streak. Stock picks include ONGC and Biocon, showing strong bullish momentum on short-term charts. Traders are advised to follow breakout levels with prudent stop-losses.

AONETMMQ50AONETOTALBIOCONGROWWMOM50LTGILTBEESMIDSMALLMOCAPITALMOM30IETFMOMENTUMMOMENTUM30MOMENTUM50MOMIDMTMMOMOMENTUMONGCPRUDENTSMALLCAPFinancial ServicesHealthcare