Stocks To Watch: L&T, Whirlpool, Kotak Mahindra Bank, NBCC, Angel One and more

CreditAccess Grameen share price
L&T, Whirlpool of India, Kotak Mahindra Bank, Deepak Fertilisers, Mining stcks, CIE Automotive, NBCC, ONGC, Piramal Enterprises, Angel One
L&T: Management tells CNBC-TV18 that their bidding pipeline in West Asia remains strong and there are many prospects which remain very active. L&T Energy today enjoys a healthy order book situation in Gulf with orders at an all-time high. Indian market offers enough opportunities for L&T, both in upstream and downstream businesses.
L&T, Whirlpool of India, Kotak Mahindra Bank, Deepak Fertilisers, Mining stcks, CIE Automotive, NBCC, ONGC, Piramal Enterprises, Angel One
Whirlpool of India: Block of 24% launched where promoter entity Whirlpool Mauritius is the seller. That is a CNBC-TV18 exclusive. The deal size includes 15% base size and a upsize option of 9% and is worth $450 million. The floor price of ₹1,230 per share is a 7.5% discount to Monday’s closing price. Goldman Sachs is the sole banker to the deal.
L&T, Whirlpool of India, Kotak Mahindra Bank, Deepak Fertilisers, Mining stcks, CIE Automotive, NBCC, ONGC, Piramal Enterprises, Angel One
Kotak Mahindra Bank: Re-designates Shanti Ekambaram as the Deputy MD of the bank from March 1, 2024. She is currently the whole-time Director of the bank. It has also re-designated KVS Manian as Joint MD from March 1, 2024. Devang Gheewala is the new CFO from April 1, 2024, while Milind Nagnur is the COO from April 1, 2024. Board to also meet on February 22, 2024 to consider dividend on preference shares.
L&T, Whirlpool of India, Kotak Mahindra Bank, Deepak Fertilisers, Mining stcks, CIE Automotive, NBCC, ONGC, Piramal Enterprises, Angel One
Deepak Fertilisers: Enters into a 15-year LNG contract with Norwegian Giant – Equinor. With this tie-up, the company has strengthened its value chain with an attractive, long-term LNG contract to solidify its value chain from Gas to Ammonia to various downstream fertilisers, Industrial Chemicals and Mining Chemicals. The agreement is for annual supplies of up to 0.65 million tonnes over a period of 15 years starting 2026.
L&T, Whirlpool of India, Kotak Mahindra Bank, Deepak Fertilisers, Mining stcks, CIE Automotive, NBCC, ONGC, Piramal Enterprises, Angel One
Mining Stocks: Government says it received 40 bids in offline form for mines under ninth round of the Commercial Coal Mine auctions. Auctions were launched in December 2023 for 32 coal mines.
L&T, Whirlpool of India, Kotak Mahindra Bank, Deepak Fertilisers, Mining stcks, CIE Automotive, NBCC, ONGC, Piramal Enterprises, Angel One
CIE Automotive: December quarter net profit of ₹168.9 crore from net loss of ₹657.8 crore. Revenue flat at ₹2,240 crore. EBITDA up 11.9% at ₹327.2 crore, while EBITDA margin at 14.6%, up 160 basis points year-on-year. All businesses in India performing well with positive expectations. European business flat due to slowdown, US off-highway market drop.
L&T, Whirlpool of India, Kotak Mahindra Bank, Deepak Fertilisers, Mining stcks, CIE Automotive, NBCC, ONGC, Piramal Enterprises, Angel One
NBCC: Wins three work orders totalling to ₹369.05 crore. The orders pertain to upcoming infrastructure development works of Rani Lakshmi Bai Central Agricultural University at Jhansi, construction of a single court complex and residential quarter in Telangana and renovation and furnishing of the ICAI Bhawan in Noida.
L&T, Whirlpool of India, Kotak Mahindra Bank, Deepak Fertilisers, Mining stcks, CIE Automotive, NBCC, ONGC, Piramal Enterprises, Angel One
ONGC: Arm Imperial Energy Ltd. to merge five of its step-down subsidiaries – IECL, IENL, RHL, BHL and SAIL with itself. ONGC has seven step-down subsidiaries in Cyprus through IEL. With this move, the total number of step-down subsidiary will be down to three.
L&T, Whirlpool of India, Kotak Mahindra Bank, Deepak Fertilisers, Mining stcks, CIE Automotive, NBCC, ONGC, Piramal Enterprises, Angel One
Piramal Enterprises: Board meet on February 22 to consider the issue of secured, rated, listed, redeemable NCDs worth ₹600 crore on a private placement basis.
L&T, Whirlpool of India, Kotak Mahindra Bank, Deepak Fertilisers, Mining stcks, CIE Automotive, NBCC, ONGC, Piramal Enterprises, Angel One
Angel One: Board meet on February 22 to consider fund raising.

Budget 2024 | Stocks and sectors to keep an eye on

Bob Moritz

As Finance Minister delivers Budget 2024, investors are turning their attention to potential winners in the stock market. CNBC-TV18’s Sonia Shenoy highlights key sectors and stocks poised for growth amidst the budgetary announcements.

Infrastructure giants like L&T, IRB Infrastructure, and Dilip Buildcon are in the spotlight as the government prioritises infrastructure spending. With expectations of a 12 to 15% year-on-year growth in infrastructure capital expenditure for FY25, these companies stand to benefit.

Meanwhile, the railway sector is also gaining traction, with companies like IRFC, IRCTC, Texmaco Rail, and Titagarh Rail Systems drawing interest. Projections suggest a 20% year-on-year increase in railway capital expenditure, with reports indicating a significant rise in allocation, up 40% year to date.

Watch the accompanying video for more details.

Click here for the complete coverage of Budget 2024

 5 Minutes Read

Looking forward to a good quarter despite intense competition: Kalyan Jewellers

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Kalyan Jewellers said that the footfall for the festive season has been strong including a strong pre-booking for dhanteras, despite intense competition.

With jewellery consumption increasing with weddings being back in a big way, Kalyan Jewellers seems to be doing really well as a stock, especially after posting a strong update for the second quarter.

In a conversation with CNBC-TV18, Ramesh Kalyanaraman, ED, Kalyan Jewellers, said, “It is just the beginning of the second half, and we are looking forward to a good third-quarter initially. As you know, the base has been very high because third quarter of the previous fiscal has been good, and as we speak, we see the footfall increasing for the festive season. Pre-bookings for Dhanteras have also been strong. So, we really look forward to a good quarter. From the brand side, we have done everything possible, the campaigns are started, the team is geared up.”

He also added that the competition is becoming more intense day by day. The brand has taken a lot of measures to maintain margins by increasing the studded ratio, by improving margins in the products which is not something that is easily available in a particular market, etc.

For more, watch the accompanying video

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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 5 Minutes Read

Top stock tips by Mitessh Thakkar, Sudarshan Sukhani: Mindtree, Muthoot Finance, Aurobindo Pharma and more

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today:

Indian equity benchmarks — BSE Sensex and NSE Nifty50 — are likely to make a muted start on Monday amid mixed moves across global markets. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 10 points or 0.06 percent to 17,573 ahead of the opening on D-Street.

CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today:

Mitessh Thakkar of earningwaves.com

Sell Aurobindo Pharma for a target of Rs 515 with a stop loss at Rs 541

Sell Mindtree for a target of Rs 3,020 with a stop loss at Rs 3,185

Buy MMFSL for a target of Rs 845 with a stop loss at Rs 811

Sudarshan Sukhani, Technical Analyst

Sell Motherson Sumi with a stop loss at Rs 130

Sell Muthoot Finance with a stop loss at Rs 1,058

Buy Power Grid with a stop loss at Rs 233

Buy IDFC First Bank with a stop loss at Rs 50

Catch latest market updates with CNBCTV18.com’s blog

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Top stock tips by Mitessh Thakkar, Sudarshan Sukhani: SBI Life, Hindalco, United Spirits and more

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today:

Indian equity benchmarks — BSE Sensex and NSE Nifty50 — are expected to open in red on Friday tracking losses across most other global markets. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — fell as much as 122 points or 0.68 percent to 17,757 ahead of the opening on D-Street.

CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today:

Mitessh Thakkar of earningwaves.com

Sell SBI Life for a target of Rs 1,255 with a stop loss at Rs 1,310

Sell Laurus Labs for a target of Rs 512 with a stop loss at Rs 538

Buy Granules for a target of Rs 332 with a stop loss at Rs 312

Buy Delta Corp for a target of Rs 233 with a stop loss at Rs 212

Sudarshan Sukhani, Technical Analyst

Buy United Spirits for a target of 890-900 with a stop loss at Rs 830

Sell Hindalco for a target of Rs 400-395 with a stop loss at Rs 431

Catch latest market updates with CNBCTV18.com’s blog

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Top stock tips by Mitessh Thakkar, Sudarshan Sukhani: HDFC Bank, PVR, Apollo Hospitals and more

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today:

Indian equity benchmarks — BSE Sensex and NSE Nifty50 —  opened in green on Monday tracking gains across most other global markets.

CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today:

Mitessh Thakkar of earningwaves.com

Buy Mindtree for a target of Rs 3,400 with a stop loss at Rs 3,250

Buy FSL for a target of Rs 124 with a stop loss at Rs 113.50

Buy CONCOR for a target of Rs 795 with a stop loss at Rs 730

Sell PVR for a target of Rs 1,770 with a stop loss at Rs 1,860

Sudarshan Sukhani, Technical Analyst

Buy Petronet LNG with a stop loss at Rs 213

Buy Apollo Hospitals with a stop loss at Rs 4,380

Buy HDFC Bank with a stop loss at Rs 1,480

Sell ICICI General Insurance with a stop loss at Rs 1,243

Catch latest market updates with CNBCTV18.com’s blog

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Top stock tips by Mitessh Thakkar and Sudarshan Sukhani: Bajaj Auto, Dixon, Bandhan and more

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today:

Indian equity benchmarks — BSE Sensex and NSE Nifty50 — started Tuesday’s session in the green tracking gains across most other Asian markets. Easing crude oil prices supported the sentiment on Dalal Street, after the OPEC+ grouping of top producers announced a reduction in output.

CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today:

Mitessh Thakkar of earningwaves.com

Buy Dixon for a target of Rs 4,325 with a stop loss at Rs 4,150

Buy Aditya Birla Fashion and Retail for a target of Rs 330 with a stop loss at Rs 306

Buy Bajaj Auto for a target of Rs 3,875 with a stop loss at Rs 4,000

Buy JSW Steel for a target of Rs 710 with a stop loss at Rs 668

Sudarshan Sukhani, Technical Analyst

Sell Dixon with stop loss at Rs 4,110

Sell Bandhan Bank with stop loss at Rs 276

Sell JSW Steel with stop loss at Rs 662

Sell NTPC with stop loss at Rs 162

Catch latest market updates with CNBCTV18.com’s blog

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

Top stocks to watch on July 26: Larsen & Toubro, Bajaj Auto, Tata Steel, Tech Mahindra, LIC and more

USA-STOCKS

Larsen & Toubro, Asian Paints, Bajaj Auto, Aditya Birla Sun Life AMC, Apollo Pipes, Greenlam Industries, Indian Metals & Ferro Alloys, India Grid Trust, Ramco Systems, Relaxo Footwears, Shoppers Stop, SIS, Tata Investment Corporation, Tata Power, TTK Healthcare, Udaipur Cement Works, Ujjivan Small Finance Bank, Union Bank Of India, United Spirits, UTI Asset Management Company quarter 1 results, results, earning, stocks to watch

Larsen & Toubro Ltd, Asian Paints Ltd, Bajaj Auto Ltd, Aditya Birla Sun Life AMC Ltd, Apollo Pipes Ltd, Greenlam Industries Ltd, Indian Metals & Ferro Alloys Ltd, India Grid Trust, Ramco Systems Ltd, Relaxo Footwears Ltd, Shoppers Stop Ltd, SIS Ltd, Tata Investment Corporation Ltd, Tata Power Co Ltd, TTK Healthcare Ltd, Udaipur Cement Works Ltd, Ujjivan Small Finance Bank Ltd, Union Bank Of India, United Spirits Ltd, UTI Asset Management Company Ltd | These companies will announce their earnings today.

Tata Steel, Tata Steel shares, quarter 1 results, results, earning, stocks to watch
Tata Steel Ltd | The Mumbai-based steel company reported a 20.5 percent year-on-year decline in consolidated net profit at Rs 7,765 crore for the first quarter ended June 30, 2022, on higher expenses. Despite the sharp rise in input costs, especially coking coal and gas prices in Europe, total income stood at Rs 63,430.07 crore during the period under review, up 18.8 percent against Rs 53,371 crore in the corresponding period of the preceding fiscal.
Tech Mahindra, Tech Mahindra shares, quarter 1 results, results, earning, stocks to watch
Tech Mahindra Ltd | The IT giant on Monday reported a 16.4 percent year-on-year decline in net profit at Rs 1,131.6 crore for the first quarter that ended on June 30, 2022 The rupee revenue stood at Rs 12,707.9 crore during the period under review, up 4.9 percent as against Rs 12,116.3 crore in the March quarter.
Axis Bank Ltd | The private lender on July 25 reported a 91 percent year-on-year jump in net profit at Rs 4,125.3 crore for the first quarter ended June 30, 2022. The bank’s net interest income (NII) grew 21 percent YoY and 6 percent quarter-on-quarter to Rs 9,384 crore. Net interest margin (NIM) for the first quarter stood -on-qurterat 3.60 percent, up 14 bps uear-on-year and 11 bps quarter.
Sonata Software, Sonata Software shares, stocks to watch
Sonata Software Ltd | The IT company on Monday said its board considered and approved a bonus issue of shares. The company said it would issue shares in the ratio of 1:3 — one new bonus equity share for every three existing equity shares. The allocation is subject to the approval of shareholders through a postal ballot. The board of Sonata Software approved the proposed bonus issue at its meeting held on the same day.
LIC, LIC shares, sun pharma, stock to watch
Life Insurance Corporation of India | The insurance company on Monday announced that it has reduced its stake in pharma company Sun Pharmaceuticals Industries. LIC has lowered its stake by two percent to 5.02 percent from 7.03 percent.
Bajaj Finserv, Bajaj Finserv shares, stocks to watch
Bajaj Finserv Ltd | The NBFC announced that its board of directors will meet on Thursday to consider the proposal for a stock split of company’s equity shares. Stock split is a way of increasing number of shares, and reducing the price of each share. Stock split doesn’t affect the market capitalisation of a company.
Glaxosmithkline, Glaxosmithkline shares, quarter 1 results, results, earning, stocks to watch
Glaxosmithkline Pharmaceuticals Ltd | The pharmaceutical company reported a 1.4 percent decline in met profit for quarter ended June 2022. The company’s revenue climbed 3.7 percent, year-on-year, to Rs 745.1 crore.
Lupin Ltd | Azilsartan Medoxomil tablets were approved by the US Food and Drug Administration for sale in the country as a generic alternative to Edarbi tablets manufactured by Azurity Pharmaceuticals Inc. The tablets will be manufactured at Lupin’s facility in Nagpur, India.
Macrotech Developers Ltd | The real estate company reported a 69 percent year-on-year growth in profit for the quarter ended June 2022. Revenue was 66.67 percent up at Rs 2,675.75 crore. The company reported its best ever first quarter with Rs 2,814 crore of pre-sales from its domestic business.
 5 Minutes Read

Here’s a look at buzzing stocks for trade on September 14

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The Indian equity benchmark indices are likely to open higher Tuesday as the trends on SGX Nifty indicate a positive start for the broader index in India amid mixed global cues.

The Indian equity benchmark indices are likely to open higher Tuesday as the trends on SGX Nifty indicate a positive start for the broader index in India amid mixed global cues.

Here are the top 10 buzzing stocks for today:

1. Ami Organics, Vijaya Diagnostic Centre: The shares of Ami Organics and Vijaya Diagnostic Centre will make their debut on the exchanges today.

2. ZEEL: Manish Chokhani and Ashok Kurien have resigned from the position of Non-Executive Non-Independent Directors of the firm with immediate effect. Its largest shareholders, Invesco Developing Markets Fund and OFI Global China Fund LLC have called an extraordinary general meeting (EGM) seeking removal of Punit Goenka, Manish Chokhani and Ashok Kurien as Directors of the firm.

3. Infosys: The company has bought back over 5.58 crore equity shares as part of its about Rs 9,200 crore buyback offer. The shares were bought back at a volume weighted average price of Rs 1,648.53 per equity share.

4. Wipro: The company has partnered with Tennessee-based First Horizon Bank (FHN) to provide services to VirtualBank, an established digital bank.

5. Ceat: The company has signed a Limited Liability Partnership (LLP) Agreement with Harshvardhan Ravi Goenka and Yellowstone Clean Energy LLP, for making an investment of upto Rs 60 lakh, in one or more tranches in Cleanwin Energy Five LLP, on such terms and conditions as prescribed therein to acquire 26 percent of the capital of the LLP.

6. KNR Constructions: The company received a Letter of Acceptance for Hyderabad Growth Corridor (HGCL) worth Rs 312.79 crore which is to be completed within a period of 15 months from the date of signing of the agreement.

7. Dilip Buildcon: The company’s subsidiary Bangalore Malur Highways has received the letter of the appointed date from the National Highways Authority of India and had declared the appointed date w.e.f. September 15.

8. Gujarat State Petronet: Pankaj Kumar has been appointed as the Chairman & MD of the company w.e.f September 8, 2021.

9. Redington (India): The company’s step down subsidiary Arena Bilgisayar Sanayi Ve Ticaret A.S. Turkey will acquire a 100 percent stake of Brightstar Telekomünikasyon Dagitim Ltd. Sti, for $35 million.

10. DCM Shriram: The company will acquire a balance 50 percent stake of joint venture Shriram Axiall (SAPL) from Axiall LLC USA.

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Here’s a look at buzzing stocks for trade on September 13

The Indian market is likely to see a cautious opening Monday amid weak global cues. The trends on SGX Nifty also indicate a muted start for the broader index in India.

Here are the top 10 buzzing stocks for today:

1. Infosys: The company has launched Infosys Equinox to help enterprises securely deliver hyper-segmented, personalized omnichannel commerce experiences for B2B and B2C buyers.

2. Zomato: The company will stop its grocery delivery service due to gaps in order fulfilment, poor customer experience and increasing competition from rivals.

3. Coal India: The company might raise prices of the dry fuel by at least 10-11 per cent to mitigate the impact of increased costs and an impending wage revision, sources told PTI.

4. Punjab National Bank: The bank’s board has approved raising up to Rs 6,000 crore by issuing bonds.

5. Indiabulls Housing Finance: The company has received the Competition Commission of India (CCI) approval to divest its mutual fund business to Groww for Rs 175 crore.

6. Dilip Buildcon: The company’s subsidiary Bangalore Malur Highways has received financial closure from the National Highways Authority of India.

7. Arvind SmartSpaces: The company has raised Rs 85 crore from HDFC Capital Affordable Real Estate Fund-1 (H-CARE 1) and promoters at a price of Rs 124 per share.

8. JMC Projects (India): CARE has upgraded the rating of long term bank facilities & non-convertible debentures of the company as ‘AA-‘; Stable from ‘A+’; Stable. The agency has upgraded the rating of short term bank facilities of the company as ‘A1+’ from ‘A1’.

9. Hinduja Global Solutions: Crown Commercial Services (CCS) Framework renewed the company’s approval to supply contact centre and business services solutions on the CCS Framework in the UK.

10. Reliance Infrastructure: The company won an arbitration award against Delhi Metro Rail Corporation (DMRC). The Supreme Court directed DMRC to pay damages of Rs 2,950 crore plus interest upto the date of payment to Reliance Infrastructure promoted Delhi Airport Metro Express Pvt Ltd (DAMEPL). The proceeds from the arbitral award will be utilized for debt reduction, the company said.