Stock In News Today: By keeping a close watch on every movement of stocks, your investment can definitely be protected. Here we are telling such stocks which will remain in the news today and on which the market will be eyeing.
HPCL/BPCL/IOC in focus
Petrol, diesel prices are going to increase for the second day in a row. Petrol and diesel prices have increased by 80 paise/litre.
Steel stocks in focus
JSW Steel has increased the price of rebar by Rs 1,250 per tonne. SAIL has increased the prices of HRC and CRC by Rs 1500 per tonne.
GUJARAT GAS IN FOCUS
The company has increased the price of CNG in Gujarat by Rs 3 per kg.
Defense shares in focus
Defense deals worth 8357 crores have been approved from DAC. Night Sight will buy equipment, radar and light vehicles. Procurement of Rs 380.43 crore has been approved from MSMEs and Startups.
FOCUS ON INFOSYS
Infosys has bought German company Oddity for 50 million euros. Oddity is in the Digital Experience and Marketing business. The new purchase will increase its hold in Europe and Northeast Asia.
FOCUS ON INDIAN HOTELS
QIP of Indian Hotels has been launched. The floor price of QIP is Rs 203.48 per share. The floor price of QIP has been fixed at 2.5% discount from the current price. The issue price of QIP will be decided in the board meeting on March 25.
FOCUS ON ADANI PORTS
The cargo volume has increased to 300 million metric tons.
FOCUS ON INDIABULLS HSG FIN
The board’s approval has been given to raise Rs 50,000 crore through debt.
BEPL in focus
Approval has been received from MP Pollution Control Board for the expansion of Santoor plant. Approval has been given to increase HRG capacity from 15000 to 50000 TPA.
FOCUS ON ASIAN PAINTS
Promoter Nehal Vakil has increased stake in the company. The share of Nehal Vakil has increased from 0.32% to 1.32%.
Focus on GPUIL
GMR Power & Urban Infra Ltd will be listed today
TCS in focus
Today is the last day to tender shares in buyback. So far a demand of 22 crore shares has come in front of 4 crore. The buyback is happening at Rs 18000 crore at a price of Rs 4500. The buyback will take place at a premium of 21% over the current share price.
FOCUS ON RAILTEL
The company has received an order of Rs 11.57 crore from RVNL for 5 years.
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