Pranay Prakash
Pranay Prakash
Stocks to watch today: With Accenture raising its revenue guidance for FY25 to 3-6 per cent, exceeding its previous guidance, IT stocks in India would be in focus today.
Stocks to watch: Piramal Pharma aims to double its revenue to $2 billion by FY30, while tripling its Ebitda, said company Chairperson Nandini Piramal.
Stocks to Watch: The finance ministry may amend its circular to provide relief to Infosys regarding a Rs 30,000 crore GST demand.
Stocks to watch today: PNB has set a floor price of Rs 109.16 per share for its upcoming qualified institutional placement (QIP) to raise up to Rs 7,500 crore in 2024-25.
Stocks to Watch: Indian markets were likely to start on a positive note on Monday, as indicated by GIFT Nifty futures that were at 25,900, around 150 points ahead of Nifty futures' last close.
Stocks to Watch: Nykaa has increased its same and next-day delivery capabilities to 110 cities, with 60 per cent of the orders fulfilled within one day.
NTPC has filed for an IPO of its green energy arm, NTPC Green Energy Ltd, with an aim to raise approximately $1.2 billion (Rs 10,000 crore).
Stocks to watch today: Hindalco Industries is planning to enter the solar module manufacturing sector with a new plant in Mundra, Gujarat.
Stocks To Watch: Adani Enterprises and Wilmar International plan to sell a 13 per cent stake in their listed consumer joint venture, Adani Wilmar, to meet Indian shareholding norms.
The US FDA has issued a warning letter to Zydus Lifesciences citing significant manufacturing lapses at its Gujarat-based plant.
Stocks to Watch: DIT's acquisition of American Tower Corporation's operations in India, has made it the largest mobile tower company in the country, ahead of Indus Towers.
Stocks To Watch: Tata Steel has secured a £500 million grant from the UK government for the green steel project at its Port Talbot facility.
SpiceJet has reached a deal with Carlyle Group's commercial aviation unit to write off a $40.2 million payment obligation and a $30 million conversion of arrears into equity.
Stocks To Watch: HP India is set to partner with Dixon Technologies' subsidiary, Padget Electronics, to manufacture notebooks, desktops, and all-in-one PCs in Chennai under the PLI 2.0 scheme.
Jio Financial Services has formed a joint venture with BlackRock Advisors Singapore to provide investment advisory services.
Stocks to Watch: Reliance Industries has secured the full 10-GWh capacity of the Advanced Chemistry Cell (ACC) under the second phase of the Production Linked Incentive (PLI) scheme.
MK Hamied has resigned as Vice Chairman of Cipla, effective October 29. Kamil Hamied will join the board as a Non-Executive Director starting November 1.
Vedanta has approved a third interim dividend of Rs 20 per share for FY25, raising the total dividend payout so far to Rs 13,474 crore.
Sales of Royal Enfield motorcycles fell 5 per cent to 73,629 units in August 2024, compared to 77,583 units in the year ago period. Meanwhile, their exports dropped 2 per cent to 8,006 units YoY.
Promoter entity of Interglobe Aviation, The Chinkerpoo Family Trust sold a 5.24 per cent stake in IndiGo, for a total of Rs 9,549 crore.