Stocks tracked today (June 25): Infosys, BSE, Indigo, V-Mart, Aegis Logistics and more
Share market news, stock tracking: Domestic equity benchmarks Sensex and Nifty abandoned many strong intraday growth at a turbulent meeting on Tuesday. Sensex earned 158.3 points or 0.2% at 82,055.1, while Nifty rose 72.5 points, or 0.3%, to 25,044.4.
As market participants await the next session on Dalar Street, here are some stocks to focus on the next trading day on June 25:
Company Action
Opening bells for Wednesday: Goa Motor Company, Aegis Logistics and Quest Capital Markets will be trading at the opening ceremony. Meanwhile, Elitecon International shares will trade stocks.
Vodafone’s idea
The telecom company denied media records indicate that the government is considering remedies related to adjusted gross income.
Vodafone’s idea says it has not received such communication from the government.
United Bank of India, can be held at the housing board meeting
The boards of the companies are scheduled to meet Wednesday to consider their respective fundraising plans.
V-MART Retail
The company aims to list its shares, worth Rs 595 crore.
Timex Group India
TimeX Group India Promoter TimeX Friup Luxury Watches BV uninstalled up to 15% of the company through an offer to sell at Rs 175 per share (OFS), a 33.8% discount to the market price.
Hindalco
The metal mining company will acquire U.S.-based Aluchem through its subsidiary Aditya Holdings for a acquisition cost of Rs 10,750 crore. Aluchem operates in the specialized alumina and alumina products sector, and the acquisition aims to expand Hindalco’s global footprint. The deal is scheduled to be completed in the next 2-4 months.
Airline Stocks
Indigo and Spicejet stocks are scheduled to start watching on Wednesday.
Indigo and Spicejet’s market share increased from 64.1% to 64.6%, from 2.6% in May to 2.6% and 2.4% from 2.6% to 2.4%.
Bajel Project
The company has received major EPC orders for substations for private customers, worth Rs 1,000-2 crore.
Aurobindo Pharma
The drug manufacturer has obtained marketing authorization from the UK drug and health care product regulator to reduce the risk of infection in patients with chemotherapy.
JB Chemistry and Pharmaceuticals
The company has been approved for U.S. drug modulators for drugs used to treat depression symptoms.
Infosys
IT majors have established strategic partnerships with Zoetis to enhance the digital capabilities of animal health companies.
BSE, CDSL
Capital market regulator SEBI has proposed new governance norms for market institutions such as NSE, BSE and CDSL.
