The Singapore Exchange’s Nifty futures traded 87 points, or 0.49%, higher at 17,675, indicating that the stock markets may have a good start on Friday. The following 10 stocks may see movement in their prices today.
Today marks the first day of the engineering and design firm on the stock market. The company sold its shares for between Rs209 and Rs220 each during its initial public offering (IPO), which garnered Rs840 crore between August 12 and 18. In the grey market, it was trading at a premium of Rs55—60 per share prior to its IPO.
For its Srikakulam facility, the pharmaceutical company has obtained an establishment inspection report (EIR). The USFDA’s inspection of the formulations manufacturing facility (FTO 11) in Srikakulam, Andhra Pradesh, was disclosed by the business in July.
The largest private lender in India declared that it would invest between Rs49.9 crore and Rs69.9 crore to acquire a roughly 10% interest in Go Digit Life Insurance, which is controlled by the owners of Go Digit General Insurance, which is preparing for an IPO.
The private insurance company stated that it is eager to return to the health insurance market because there is “nothing new” for the company, which was active in the sector for many years until 2016. The insurance regulating body Irdai had prohibited life insurers from offering pure-play health policies that are sold with a one-year validity or that are annually renewed in 2016.
Chief Financial Officer and Key Managerial Personnel Kaleeswaran Arunachalam has submitted his resignation. His resignation will become effective on September 2 after business hours.
The real estate giant expects its new luxury housing development in Panchkula, Haryana, to generate sales income of almost Rs1,300 crore due to an increase in demand for independent floors. Valley Gardens, a new 34-acre project by DLF, has begun construction in Panchkula.
According to bulk deal data made available by the BSE, BNP Paribas Arbitrage sold 4,05,183 shares of the multiplex cinema exhibition company for more than Rs74.59 crore at an average price of Rs1,841.14 per.
According to the private lender, two non-executive non-independent directors have been reclassified as nominee directors on the board as a result of an EGM resolution. With effect from July 15, the private sector lender named T Keshav Kumar and Sandeep Tewari as non-executive non-independent directors on its board.
The housing financing company has stated that it is considering raising up to Rs2,500 crore through the private offering of bonds or redeemable NCDs in order to increase its capital resources. In the forthcoming annual general meeting, the housing financier will ask its shareholders for approval of the capital raise plan.
The actress Priyanka Chopra Jonas announced a partnership with the Nykaa-branded beauty and wellness e-commerce company FSN E-commerce to introduce her haircare line Anomaly in the Indian market.
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