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.