Top stocks in focus: Data Patterns India, PSP Projects, Allcargo Logistics, Mphasis, TCS

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

December 24, 2021 7:20 IST | India Infoline News Service
Stocks In Focus
Data Patterns India: The company will make its debut on the bourses on December 24. The issue price is fixed at Rs585 per share.

PSP Projects: The company has divested its 100% stake in PSP Projects INC, a wholly-owned subsidiary.

Allcargo Logistics: The company has approved to restructure the business by way of a scheme of arrangement and demerger. Container freight station/inland container depots and any other related logistics businesses of the company will be demerged into Allcargo Terminals, and engineering and equipment leasing and hiring solutions, logistics park, warehousing, real estate development and leasing activities and other related businesses of the company will be demerged into Translndia Realty & Logistics Parks.

Mphasis: Subsidiary Mphasis Consulting, UK, and Ardonagh has agreed to set up a shared services entity to service middle and back-office functions. To execute this, Mphasis and Ardonagh, signed a Business Venture Agreement wherein, Mphasis has acquired 51% stake in Mrald, a company incorporated in England and Wales.

TCS: La Mobilière, the oldest private non-life insurer in the Swiss market, selected TCS as strategic partner to accelerate its digital transformation agenda.

Ajanta Pharma: The company on December 28 will consider a proposal for buy-back of equity shares.

GPT Infraprojects: The company has bagged order valued at Rs56cr.

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