Last Updated: March 22, 2024, 09:03 IST
Stocks To Watch March 22: Domestic markets surged on Thursday following a rally in international markets after the US Fed projected three charge cuts this 12 months. In as we speak’s commerce, shares of Infosys, Wipro, Prestige Estates, Tata Chemicals, Tata Communications amongst others will likely be in focus due to varied information developments.
Bharat Dynamics: The firm’s board has permitted an Interim Dividend of Rs 8.85 per share. It has additionally given a nod to a sub-division/ inventory cut up of current 1 share into 2 shares of face worth of Rs 5 every.
Mazagon Dock: The firm mentioned it’s going to lease a land parcel measuring from the Mumbai Port Authority (MbPA) for its Mumbai yard at a value of Rs 354 crore and for a interval of 29 years.
Tata Communications: The board has permitted to hive-off the corporate’s new edged digital providers enterprise to unit for Rs 458 crore.
Sarda Energy and Minerals: Its JV subsidiary Natural Resources Energy Pvt Ltd has been awarded the Letter of Intent for composite licence for Surjagad 1 iron ore block within the state of Maharashtra.
PCBL: Its board will meet on March 27, 2024 to take into account and approve the proposal for elevating of funds by means of subject of a number of devices/ securities.
L&T: Its board too will meet on MArch 27 to take into account fund elevating by means of debt.
Mahindra Lifespaces: It has launched a brand new residential mission, ‘Mahindra Zen’ at Bengaluru South.
TVS Holdings: Its board has declared an interim dividend of Rs 94 per share.
Muthoot Finance: The firm has acquired an extra 4.48 per cent stake in unit Belstar Microfinance for Rs 300 crore. With this, its stake within the latter has risen to 63.5 per cent.
Life Insurance Corp: The firm has reportedly elevated its stake in LTIMindtree from 4.99 per cent to 5.03 per cent.
Prestige Estates: It has introduced its newest acquisition of 62.5 acres of prime land in Indirapuram Extension, NCR, for Rs 468 crore. The acquired land will likely be developed primarily as residential, complemented by training and retail
Infosys, Wipro: The American Depository Receipts of Indian IT corporations Infosys and Wipro declined sharply in commerce on Thursday as peer Accenture Plc slashed its annual steerage.
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