Based on various market developments and news, which stocks will be the focus of traders and investors today. We will take information about such shares. These mainly include shares of Hindustan Zinc, Kolte Patil, Sankarhun Motherson, Polyplex Corporation, Uno Minda, Allsec Technologies, DCX Systems, Tamil Nadu Mercantile Bank, Mfsys.
Gift Nifty futures are indicating a higher opening for Sensex and Nifty on Monday. Nifty 50 futures, which indicated a higher opening, was up 85 points at 24,670.
However, Asian markets remained weak with Japan's Nikkei 225 down 0.33 per cent and the broader Topix index down 0.26 per cent.
South Korea's Kospi fell 0.41 per cent, while the Kosdaq fell 0.22 per cent. Australia's S&P/ASX 200 was almost flat with a gain of 0.06 per cent. Hong Kong's Hang Seng index futures were up 1.04 per cent at 17,612.
Meanwhile, action can be seen in these stocks today
Piramal Enterprises Ltd
The promoters of the company have announced that on August 16, 2024, an entity of the promoter group has acquired 616,615 equity shares of Piramal Enterprises Limited. This represents 0.27 per cent of the paid up capital of the company on the National Stock Exchange of India Limited (NSE). With this, the promoter group's stake in Piramal Enterprises Limited has increased from 46.03 per cent to 46.30 per cent.
Jubilant Pharmova
Jubilant Pharmova's subsidiary Jubilant Biosys will acquire 80 per cent stake in Pierre Fabre Labs for £4.4 million over the next two years. The move is aimed at enhancing its drug discovery capabilities in biologics and ADCs.
Hindustan Zinc
Hindustan Zinc promoter Vedanta plans to exercise the green shoe option to sell an additional 1.95 per cent equity in its offer for sale (OFS), which will open for retail investors on Monday. Metals major Vedanta Ltd on Friday said it will exercise an oversubscription option in its ongoing offer for sale of Hindustan Zinc.
Maruti Suzuki India
Maruti Suzuki India will face a one-time impact of Rs 850 crore on its September quarter results due to restatement of deferred tax liability provision. This comes after withdrawal of indexation benefits and change in tax rates on debt mutual funds.
URJA Global
Urja Global has pre-launched its high-speed electric scooter “Chetana”, which has received homologation certificate and RTO registration.
GMR Airports Infrastructure
GMR Airports Infrastructure reported a 7.7 per cent year-on-year rise in passenger traffic to 1.06 crore in July. Domestic traffic grew 7.1 per cent, while international traffic grew 9.3 per cent.
DCX Systems: DCX Systems has secured orders worth Rs 107.09 crore from domestic and international customers for electronic kits and cable and wire harness assemblies.DCX Systems received orders worth Rs 107 crore from domestic and foreign customers.
Kolte Patil
Khiroda Jena has resigned as Chief Financial Officer and senior management personnel of real estate company Kolte Patil with effect from August 17, 2024
Conservation Motherson
Samvardhana acquired 34 percent stake in Motherson Auto Solutions from Sojitz Corporation, a subsidiary of Motherson..
Polyplex Corporation
The Board of Directors of Polyplex Corp has approved the re-appointment of Pranay Kothari as a Whole Time Director for 3 years with effect from September 7
Uno Minda
Uno Minda has appointed Ramesh KS as CEO for ECS-2 domain from 17 August 2024.
Allsec Technologies
Gaurav Mehra has resigned as CFO and Chief Managing Person of Allsec Technologies with effect from September 25.
Emphysema
Mphasis has appointed Arvind Viswanathan as the company's CFO with immediate effect.
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