Reliance Industries, Cipla, Eicher Motors, Tata Power, HG Infra Engineering stocks in focus
时间:2024-06-02 03:13:51 阅读(143)
Indian benchmark indices are likely to open in the green today as hinted by the SGX Nifty which is 0.3% higher at 18,340. Nifty Futures gained 60 points on the Singaporean exchange. In the previous session, NSE Nifty recovered 200 points from its intraday low and closed at 18,191, while BSE Sensex gained 0.3% to settle at 61,133. From dropping over 0.5% intraday. “The domestic market trend was influenced by the movements of its global counterparts, as a negative US closing pushed Indian bourses to a poor start. However, positive signals from US futures lifted the benchmark index above the flatline. Markets will continue to witness such sudden movements, underpinned by lingering recession and COVID fears, which will be countered by bargain hunters,” said Vinod Nair, Head of Research, Geojit Financial.Stocks in focus on 30 December, Friday
Reliance Industries: Reliance Consumer Products (RCPL), the FMCG arm of Reliance Retail Ventures (RRVL), will acquire 51% stake in Lotus Chocolate for Rs 74 crore. RCPL will also make an open offer to public shareholders of Lotus to acquire up to 26% stake.
Eicher Motors: The parent company of Royal Enfield, Eicher Motors, announced a strategic investment with Spain-based Stark Future SL to collaborate in the electric mobility space. Eicher Motors invested Rs 441 crore for 10.35% equity stake in Stark Future.
Tata Power: Through the issue of non-convertible debentures on a private placement basis, Tata Power has raised Rs 1,000 crore. Series I NCDs worth Rs 500 crore are expected to mature on January 8, 2030, while Rs 500 crore of Series II NCDs are expected to mature on December 29, 2032.
HG Infra Engineering: The firm recently announced they received a “letter of award” for a new project from the National Highways Authority of India (NHAI). HG Infra will construct a 6-lane greenfield Karnal ring road under Bharatmala Pariyojana in Haryana within 730 days and the bid project cost is Rs 997.11 crore.
上一篇:Enforcement Directorate summons Delhi CM Kejriwal for third time on Jan 3
下一篇:Windfall taxes cut on diesel, scrapped on ATF; Crude cess up a tad
猜你喜欢
- F&O expiry 10 Nov- Nifty support at 18000-17900, use dip to add long bets; keep eyes on RBI MPC for cues
- Top mistakes to avoid during JEE Mains 2024, important tips for the exam day
- Elon Musk gets USD 7 billion backing for Twitter bid from tech heavyweights
- Explained- New rules for foreign portfolio investors – SEBI’s move to slice through corporate layers
- Tinder unveils brand film ‘You Up’
- F&O expiry outlook 2 September- Nifty may hit 17,000 if Bank Nifty crosses 36,300 level
- Digitisation, easy access lead to higher retail F&O trading
- Experts warn of choppy market- IPOs worth Rs 1 trn lined up
- Twitter, Google, Microsoft and more- Top 10 tech companies being headed by Indian-origin CEOs