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Stocks to Watch Today: Tata Motors, RIL, telcos, HCL Tech, Infosys

09 Dec , 2021   By : Kanchan Joshi


Stocks to Watch Today: Tata Motors, RIL, telcos, HCL Tech, Infosys

NEW DELHI: Here is a list of stocks that could be in focus on Thursday: 


Tata Motors: Has lined up an investment of more than $1 billion (over Rs7,500 crore) in the coming 4-5 years to recraft its road map for the commercial vehicle business, with electric vehicles at its core.


Reliance Industries: Reliance BP Mobility, a joint venture between Reliance Industries and BP Plc operating under the brand name Jio-bp, has signed an initial pact with Mahindra Group to explore creating electric vehicles and related services, besides identifying synergies in low-carbon and conventional fuels.


Telecom stocks: Heads of three private telcos Bharti Airtel, Reliance Jio Infocomm (Jio) and Vodafone Idea have urged the government to put all 5G bands, including those currently used for 4G, for sale, reduce levies and give a longer period of moratorium on payment for the new airwaves. Vi and Jio asked for a level playing field where no spectrum airwave is allotted any OTT or satellite player and all get a chance to bid like the telcos do.


HCL Technologies: The company and apoBank, the largest cooperative primary bank in Germany, have signed with Atruvia AG an agreement to acquire IT consulting company Gesellschaft für Banksysteme GmbH (gbs).


Infosys: Infosys BPM, the business process management arm of Infosys Ltd, said has said that it will expand its presence in Ireland by adding 250 jobs locally with the development of a new delivery centre in Waterford. Infosys BPM began its Ireland operations in Dublin in 2014,


Coffee Day Enterprises: Securities and Exchange Board of India on Wednesday issued a show-cause to CDEL under sections 11 and 11B of the Sebi Act, which essentially relates to the scope of potential penalties that the regulator can impose on any listed company if it is found to have made unfair gains.


Gland Pharma: The company received a tentative approval from the United States Food and Drug Administration (US FDA) for Cangrelor for injection.


Indiabulls Housing Finance: The company's public issue of bonds will open on Thursday to raise up to rs1,000 crore, the proceeds of which will be utilised to fund its business growth. The issue has a base size of Rs200 crore with an option to retain oversubscription up to Rs800 crores, aggregating to up to Rs1,000 crore.


RailTel Corp: Has received work order from Ircon International for design, supply, installation, testing & commissioning of tunnel communication system consisting of emergency call & service telephone, CCTV, tunnel radio and PA system in tunnel environment on Dharam - Banihal section of Jammu Kashmir Rail Link Project under Ferozepur division of Northern Railway at a total cost of Rs210.77 crore. 


REC: The company approved the proposal for sale and transfer of Kallam Transmission to the successful bidder, selected through Tariff Based Competitive Bidding Process.


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