Some stocks may show action in today’s trading due to positive trigger. If you are looking for the best stocks in intraday, then you can keep an eye on them.
Stocks in Focus Today: There is uncertainty in the stock market. Brent crude has once again risen and it has crossed $ 120 in Wednesday’s trading. There is a fear of increasing inflation all over the world. Global sentiments are weak for the market, hence there is a possibility of volatility. However, in the meantime, some stocks may show action in today’s trading on March 24 due to positive trigger. If you are looking for the best stocks in intraday, then you can keep an eye on them. These include stocks like Affle (India), TCS, CSB Bank, Nelco, Colgate-Palmolive (India), Zomato, Ruchi Soya, HDFC, Piramal Enterprises, Godrej Agrovet.
Affl (India)
The company will invest in Talent Unlimited Online Services Private Limited (Bobble AI) through a rights issue. The Board has decided to fully subscribe to the rights offer of Series C CCPS and the equity shares of Bobble AI. In addition, it has also been decided to subscribe to the rights offer for at least 50 per cent of the Series C1 CCPS.
TCS
Tata Consultancy Services’ share buyback worth Rs 18,000 crore was subscribed more than 7.5 times on the last day on Wednesday. The investors offered 30.12 crore shares in the buyback process against the offer of 4 crore shares of the company.
CSB Bank
The Reserve Bank of India has approved the appointment of Pralayam Mandal as Interim Managing Director and CEO of CSB Bank. The appointment will be for a period of 3 months with effect from April 1, 2022 or till the appointment of a regular Managing Director and CEO in the Bank, whichever is earlier.
Nelco
Nelco and Omnispace have announced a strategic cooperation agreement to enable and distribute 5G non-terrestrial networks (NTNs), direct-to-device satellite services.
Colgate-Palmolive (India)
The board meeting of Colgate-Palmolive (India) will be held on March 28. In this meeting, if there is any interim dividend, then it will be considered for declaration.
Zomato
The food delivery giant has informed about the resolution of its step-down subsidiary Zomato Canada Inc.
Ruchi Soya
The company’s Follow On Public Offer (FPO) is opening for subscription on March 24. The company has earlier raised Rs 1290 crore from anchor investors.
HDFC
HDFC has approved retail home loans totaling over Rs 2 trillion in the current financial year. This is the highest in a financial year.
Piramal Enterprises
The board of Piramal Enterprises will also consider the issue of non-convertible debentures up to Rs 50 crore on March 28 as well as the option of maintaining oversubscription up to Rs 325 crore. The total size on the basis of private placement is Rs 375 crore.
Godrej Agrovet
The company has made an additional investment of Rs 25 crore in subsidiary Godrej MaxMilk through a rights issue of 7.35 lakh equity shares.
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