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Top stocks in focus: Paytm, Vedanta, Jindal Drilling, Phoenix Mills, Zomato

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

November 18, 2021 7:48 IST | India Infoline News Service
Paytm operator One 97 Communications and Sapphire Foods India are to make their debut on Dalal Street today.

Vedanta to separately list aluminum, oil, iron, and steel businesses. The company has set up a board committee to evaluate options to unlock value and simplify its corporate structure. It aims to accelerate emissions reduction and strengthen ESG practices.

Jindal Drilling and Industries has acquired an offshore jack-up rig 'Jindal Supreme' from Venus Drilling Pte. Ltd. for $16.75 million. The rig is currently operating under contract with Oil and Natural Gas Corporation.

CPP Investments has completed its first tranche of investment in Plutocrat Commercial Real Estate Private, a wholly owned subsidiary of The Phoenix Mills, on private placement basis and by way of secondary acquisition of equity shares held by the company in PCREPL aggregating to Rs787cr.

Zomato UK, step down subsidiary of the company, has been dissolved effective from November 16, 2021.

ICICI Prudential Mutual Fund acquired 0.19% stake in Kalpataru Power Transmission via open market transactions on November 16, increasing shareholding to 5.18% from 4.99% earlier.

Seacoast Shipping Services to consider sub-division of equity shares on November 24.

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