Here’s a quick overview of key stocks likely to be in focus in today’s trading session.
Reliance Industries
Reliance Consumer has entered the healthy functional beverages market by acquiring a majority stake in a joint venture with Naturedge Beverages.
Vedanta
Vedanta’s board will convene on August 21 to discuss a potential second interim dividend. The record date for determining eligible shareholders is set for August 27.
Vodafone Idea
The debt-laden telecom firm is exploring alternative non-banking funding options to support its capital expenditure plans, as unresolved AGR dues continue to affect traditional lender discussions.
Hindustan Zinc
On Monday, Hindustan Zinc, a Vedanta subsidiary, announced plans to set up a 10 MTPA tailings reprocessing plant as part of its broader strategy to double production capacity.
Glenmark Pharma
The US health regulator has asked pharmaceutical companies Glenmark, Alembic Pharmaceuticals, and Sun Pharma to withdraw certain products from the US market due to manufacturing-related issues.
GMR Airports
The company issued a notice for voluntary redemption of its non-convertible bonds (NCBs), in line with the bond trust deed dated November 17, 2023.
Trent
Trent’s youth-focused fashion brand, Burnt Toast, has launched its first store in Surat, marking the brand’s entry into Gujarat.
Tata Steel
Tata Steel’s subsidiary, Tata Steel Advanced Materials (TSAML), has approved the sale of its entire 90% equity stake and 100% preference stake in Ceramat (CPL) to Lionstead Applied Materials, a wholly owned unit of Lionstead Ventures LLP.
Escorts Kubota
The Excise & Taxation Officer, Faridabad (East), Haryana, has approved a GST refund of ₹46.37 crore, out of a total claim of ₹46.67 crore, filed under Rule 89(1) of the Haryana GST Act, 2017.
ONGC
ONGC Energy Centre Trust (OECT), the R&D arm of ONGC, signed an agreement with Engineers India Ltd (EIL) to establish a Helium Recovery Demonstration Plant at the Kuthalam gas collection facility in the Cauvery Asset, Tamil Nadu.
Disclaimer: The information provided is for informational purposes only and should not be construed as investment advice. Stock market investments are subject to risks. Please consult your financial advisor before making any investment decisions.
