Top companies

ASIANPAINT - 2890.25 (0.24%) AXISBANK - 1072.1 (1.23%) BAJAJFINSV - 1692.7 (0.88%) BAJFINANCE - 7165.3 (-0.14%) BHARTIARTL - 1197 (0.5%) BPCL - 599.15 (1.47%) COALINDIA - 447.9 (0.21%) HDFCBANK - 1544.15 (-0.35%) HEROMOTOCO - 4553.1 (0.62%) HINDUNILVR - 2275.65 (0.38%) ICICIBANK - 1083.35 (-0%) INDUSINDBK - 1565.8 (0.86%) ITC - 429.05 (0.35%) KOTAKBANK - 1788.6 (0.19%) MARUTI - 12707.4 (2.3%) ONGC - 269.75 (0.67%) RELIANCE - 2969.95 (1.7%) SBIN - 765 (0.03%) TATAMOTORS - 1012.6 (0.55%) TATASTEEL - 164.9 (0.95%) TCS - 3967.2 (-0.3%) TITAN - 3755.05 (0.02%) WIPRO - 479.85 (-1.07%)
TRENDING #BANK NIFTY 149 #ADANIPORTS 86 #ZOMATO 72

Stocks in the news: Vodafone Idea, Tata Steel, Sun Pharma, Adani Transmission & ZEEL

16 Dec , 2021   By : monika singh


Stocks in the news: Vodafone Idea, Tata Steel, Sun Pharma, Adani Transmission & ZEEL

Nifty futures on the Singapore Exchange traded 90.50 points, or 0.52 per cent, higher at 17,342, signaling that Dalal Street was headed for a positive start on Thursday. Here are a few stocks which may buzz the most in today’s trade:

Vodafone Idea: Vi is targeting a four-fold jump in annual capital expenditure to $2 billion (about Rs 15,000 crore), the telco's top management has said, as it looks to take on stronger rivals.

Indiabulls Housing Finance: Sameer Gehlaut to bring down stake in Indiabulls Housing Finance to sub-10 per cent level via block deal on December 16. Gehlaut to be declassified as a promoter post the block deal, ET NOW reported.

Tata Steel: India Ratings and Research (Ind-Ra) said it has upgraded Tata Steel's long-term issuer rating to 'AA ' from 'AA'. AA-rated instruments are considered to have a high degree of safety regarding timely servicing of financial obligations.

Glenmark Pharma: Drug maker Glenmark is in discussions with some global peers to license out a second potential drug asset, ISB 830, from its US-based clinical stage biotech subsidiary Ichnos Sciences days after concluding an out-licensing deal with Spanish firm Almirall.

Sun Pharmaceutical Industries: The drug maker said it has received final approval from the US health regulator for generic Amphotericin B Liposome injection used in treatment of fungal infections with 180 days of exclusivity.

ZEE Entertainment: Home-grown video streaming platform ZEE5 has entered into a strategic partnership with India's leading content and IP studio Applause Entertainment, a venture of Aditya Birla Group for a multi-show association. Meanwhile, brokerage CLSA said Zee's potential merger with Sony could be a rerating catalyst

TVS Motor Company: The auto maker and BMW Motorrad announced expansion of their long standing partnership to include joint development of new platforms and future technologies, including electric vehicles.

Adani Transmission, Adani Ports: Adani Transmission has inked a share purchase pact with Adani Ports and Special Economic Zone to acquire MPSEZ Utilities (MUL) for Rs 116.27 crore, as per a regulatory filing. MUL was incorporated primarily for distribution of electricity, and effluent and sewage treatment in Mundra SEZ area, Kutch, Gujarat spread across 8,481 hectares as a distribution licensee.

Power Grid: The company board approved an interim dividend of Rs 7 per share for the financial year 2021-22.

ICICI Bank: The Reserve Bank of India (RBI) on Wednesday said it has imposed a penalty of Rs 1.8 crore on Punjab National Bank and Rs 30 lakh on ICICI Bank for deficiencies in regulatory compliance.

Cipla: Drug major Cipla said it has inked a pact to acquire 33 per cent stake in renewable energy firm Clean Max Auriga Power LLP for up to Rs 6 crore.

Prestige Estates Projects: Realty firm Prestige Group and co-working operator Awfis have expanded their partnership and will set up six more centres, comprising 3 lakh square feet, across major cities with an investment of about Rs 70 crore to meet rising demand of flexible workspace.


0 Comment


LEAVE A COMMENT


Growmudra © 2024 all right reserved

Crafted With ZEE WEB VALLEY

Partner With Us