Stocks in news today: Vedanta, Mazagon Dock Shipbuilders, SBI, PVR INOX, Accent Microcell, Texmaco Rail Engineering, Sterling and Wilson Renewable Energy, LTIMindtree, Zen Technologies, Fusion Micro Finance and more
Sensex rose 33.57 points to end the session at 69,584 and Nifty gained 20 points to end at 20,926.
Laurus Labs stock slipped 3.64% to Rs 373.15 against the previous close of Rs 388.05 on BSE
Mutual funds were upbeat on recent debutant Tata Technologies. At the end of November, MFs owned Rs 1,120 crore worth 85 lakh Tata Technologies shares. Petronet LNG was another stock where MF monthly buying exceeded Rs 1,000 crore mark.
3.34 crore shares of Mumbai-headquartered Axis Bank will see change of hands through block deal, said a report
Here’s a look at stocks that are likely to remain in news today.
IDFC First Bank: The Warburg Pincus-owned Cloverdell Investment was likely to sell a 1.3 per cent stake in IDFC First Bank through a block deal for about $100 million at Rs 85.70 apiece today.
Ircon OFS opens on Thursday for non-retail investors and retail investors can bid on Friday, says DIPAM Secretary
Adani Enterprises topped the turnover chart, as the Adani group stock logged a turnover of Rs 27,17.34 crore. It was followed by Adani Ports, which clocked a turnover of Rs 2,382.62 crore.
'The issues on Nov 6th and Dec 4th were triggered due to edge cases with our external dependencies,' says Zerodha CEO
Tata Technologies' valuation has topped that of its peers KPIT Technologies, L&T Technology Services and sister Tata Group company Tata Elxsi
Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, HDFC Bank Ltd and Tata Consultancy Ltd may account for $809 million inflows. This is against a potential flow of $3.7-$3.8 billion in 2024.
UltraTech Cement has witnessed a breakout of a triangle formation with huge volumes. After reaching all-time high level of Rs 8,869, the stock has experienced profit booking.
Alipay, owned by Ant Group, will offload its entire 3.44% stake by selling 29.6 crore shares at Rs 111.28 per share, said a report
The IT company plans to repurchase up to 4.09 crore paid-up equity shares at Rs 4,150 apiece
BSE: Jefferies said BSE's cash equities (20 per cent of revenue mix) and mutual fund processing (10 per cent of mix) are steady growth segments (FY20-23 CAGR 27 per cent) riding on macro tailwinds of financialisation of savings.
The board of the Securities and Exchange Board of India (Sebi), which met on Saturday, approved the reduction in minimum issue size public issuance of Zero Coupon Zero Principal Instruments (ZCZP) by not-for-profit entities from the current Rs 1 crore to Rs 50 lakh.
Berkshire's BH International Holdings sold more than 1.56 crore shares of the digital payments firm, with a weighted average price of Rs 877.29 per share, exchange data showed
Trading on the basis of Unpublished Price Sensitive Information (UPSI) is a grave violation for any entity or class of shareholders and hence key managerial personnel (KMP) have to be all the more careful
YES Bank saw 6,31,00,051 shares worth Rs 126 crore changing hands. The stock fell 1.74 per cent to Rs 19.80. Suzlon Energy saw 5,60,66,490 shares worth Rs 227 crore changing hands.
TCS would turn ex-date for share buyback. The record date for the same is November 25, Saturday. The IT major is looking to buyback up to 4,09,63,855 shares at Rs 4,150 apiece for an aggregate amount not exceeding Rs 17,000 crore.
Copyright©2023 Living Media India Limited. For reprint rights: Syndications Today