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Stocks in the news: HDFC Bank, DMart, UltraTech Cement, PNB Housing & Dixon Tech

18 Oct , 2021   By : monika singh


Stocks in the news: HDFC Bank, DMart, UltraTech Cement, PNB Housing & Dixon Tech

Nifty futures on the Singapore Exchange traded 47 points, or 0.26 per cent, higher at 18,451, signaling that Dalal Street was headed for a positive start on Monday. Here are a few stocks which may buzz the most in today's trade:

UltraTech Cement, L&T Infotech: Tata Coffee, Route Mobile, Alok Industries, Hatsun Agro Products and Hathway Bhawani Cabletel are among companies which will report their September quarter results today.
Dixon Technologies: Domestic electronics manufacturing firm Dixon Technologies has started manufacturing 5G millimetre waves smartphones which will be the first set of devices in the segment to be exported from India, a top company official said on Sunday.

Route Mobile: Enterprise communication service provider Route Mobile has received shareholders approval to raise Rs 2,000 crore through sale of securities, according to the company's regulatory filing. A majority of shareholders also approved to increase limits of foreign portfolio investments in the company.

HDFC Bank: The bank reported an 18 per cent increase in its consolidated net profit at Rs 9,096 crore for the second quarter ended September 2021 .

Metropolis Healthcare: Diagnostic chain Metropolis Healthcare said its board has approved the acquisition of Hitech Diagnostic Centre and its subsidiary Centralab Healthcare Services for a cash consideration of Rs 636 crore.

PNB Housing Finance: Amid legal hurdles, PNB Housing Finance said it has aborted Rs 4,000-crore share sale plan to US-based private equity firm Carlyle Group and others.

SpiceJet: Aviation regulator DGCA  has temporarily suspended SpiceJet's licence for the transportation of 'dangerous goods' for alleged violations, according to sources.

Max Ventures: Bullish on the Indian real estate market, Max group firm Max Ventures and Industries Ltd (MaxVIL) is looking to acquire at least two land parcels, outright or through joint ventures, in Delhi-NCR this fiscal year to expand its office portfolio and enter into the residential segment.
Indiabulls Real Estate: IBREL sales bookings jumped over two-fold to Rs 874 crore during the first six months of this fiscal year on revival of housing demand. According to an investors presentation, new sales stood at Rs 874 crore in the first half of this fiscal year from Rs 368 crore in the corresponding period of the previous year.

Reliance Industries: Reliance Brands will pick a 40 per cent minority stake in renowned fashion designer Manish Malhotra's MM Styles . Reliance Retail Ventures is the holding company of all retail companies in Reliance Industries Ltd group.

MM Forgings: The auto components maker said it has acquired CAFOMA Autoparts for a total consideration of Rs 33 crore. The deal to acquire CAFOMA, one of the large independent suppliers of machined crankshafts catering to the tractor and industrial segments, includes a sum of Rs 28 crore in cash and Rs 5 crore in debt, the company said in a regulatory filing.


Bank of India: State-run Bank of India on Sunday announced a cut in its interest rates on home and vehicle loans by 35 basis point and 50 basis points, respectively.

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