Action is seen on the shares of the stock companies of the listed companies of the stock market or the decisions taken by the government. Some companies announce their decisions after market close and some companies make their decisions public during market hours. Sometimes such information about companies is also filtered from other sources, which has a favorable or unfavorable effect on their stocks. Keeping this in mind, we provide daily information about such stocks or companies in the form of Buzzing Stocks for the investors, which will be in the headlines or focus during the market today due to some reason.
Know which companies or stocks have made headlines before the market opens today and what is the reason behind it-
Results today: Today 5paisa Capital, Ganga Papers India, GI Engineering Solutions, GNA Axles, Thambbi Modern Spinning Mills and Vikas Lifecare will announce their quarterly results.
Reliance Industries: Reliance Industrial Investment and Holdings Limited (RIIHL), a subsidiary of RIL, has acquired an indirect owner of 73.37 percent stake in Columbus Center Corporation (Cayman), a company formed in Cayman Iceland and New York-based premium luxury hotel Mandarin Oriental New York. An agreement has been entered into for purchase of the entire issued share capital from (Disclaimer: Network 18 Media & Investment Ltd. is owned by Independent Media Trust. Its beneficiary company is Reliance Industries.)
Tata Steel: The company has increased its stake in joint venture company Medica TS Hospital (MTSHPL) from 26% to 51%.
ICICI Bank: RBI has approved the reappointment of Anup Bagchi as Executive Director of ICICI Bank for a period of three years. His reappointment for a period of 5 years was already approved by the shareholders in the Annual General Meeting held on 20th August, 2021.
Tata Consultancy Services: The company will consider the proposal for buyback of equity shares along with the December 2022 quarterly results on January 12.
Avenue Supermarts: On a year-on-year basis, the company reported 24.6% higher standalone profit at Rs 586 crore and 22 per cent higher revenue at Rs 9,065 crore in the third quarter of FY12.
Zee Learn: Morgan Stanley Asia (Singapore) Pte – ODI (Morgan Stanley Asia (Singapore) Pte – ODI) sold 19,90,685 equity shares in the company at Rs 19.18 per share, while Spring Ventures sold on NSE. Bulk deals data showed that 40 lakh shares were sold at Rs 18.59 per share.
CG Power and Industrial Solutions; American Funds Fundamental Investors bought 1,76,30,108 equity shares in the company at Rs 199 per share while Amansa Holding Private Ltd bought 1,76,32,000 equity shares at Rs 199 per share on NSE. Sell at the share price, as revealed by the bulk deals data.
KEC International: A global infrastructure EPC company has bagged new orders worth Rs 1,025 crore across its various businesses including transmission and distribution, railways and civil.
Sical Logistics: The resolution professional has got 4 resolution plans for the company.
Cyient: Aditya Birla Sun Life AMC on January 6 sold 21.16 lakh equity shares in the company through open market transactions, reducing its shareholding to 33.93 lakh shares from the earlier 56.1 lakh shares.
CSB Bank: C VR Rajendran has decided to take early retirement from the post of MD & CEO and continue to lead the bank till March 31, 2022.
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