GIFT The Nifty on the NSE IX is down 12 points, or 0.06 percent, to 20,326.5, indicating that Dalal Street will have a quiet start on Friday. Here is a list of stocks that will be in the spotlight today for various reasons.
Thomas Cook
Following an enormous response from institutional investors to promoter Fairbridge Capital’s offer to sell shares in Thomas Cook (India) Ltd, the company has opted to employ the greenshoe option to sell more shares.
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ITD Cementation
ITD Cementation has been awarded a contract in Andhra Pradesh for civil and hydromechanical works on a 500 MW hydel power, pumped storage project for about Rs 1,001 crore excluding GST.
Ultratech Cement
UltraTech Cement has announced the purchase of the Kesoram cement facility. Ultratech Cement would issue one share for every 52 shares of Kesoram under a plan of arrangement.
LTIMindtree
Metasphere, a wastewater application expert, has chosen LTIMindtree as a strategic partner to grow its Smart Sewers management platform.
Biocon
Biocon Biologics, a Biocon subsidiary, announced the effective completion of the integration of Viatris’ biosimilars business in 31 European nations.
J&K Bank
J&K Bank has stated that press sources incorrectly attributed the lender’s name to ED raids, noting that the case really involves J&K State Cooperative Bank.
Wipro
Wipro announced a collaboration with Amazon Web Services (AWS) to reimagine lab operations in the life sciences business.