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Stocks to Watch: RIL, Nestle, IndiGo, Vedanta, Jubilant Life Sciences

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NEW DELHI : Here's a lost of top stocks that could be in news in Wednesday's trade: Reliance Industries (RIL): The company on Tuesday returned to the debt market for the second time raising a total of ₹10,060 crore through bonds of different tenors.

RIL with a long-term debt rating of AAA, raised ₹4235 crore for a 3-year 4-month period at a fixed coupon rate of 7.05%. The company raised ₹825 crore for a 3-year period at a fixed coupon rate of 6.95% and the remaining ₹5000 crore for a 2-year 10-month period at a coupon rate of 6.95%. Nestle: FMCG major Nestle India Ltd reported a 13.54% rise in its net profit at ₹525.43 crore for the first quarter ended March 2020.

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