News Overview

Here is the stock market performance at 12:30 PM today.

Record date for distribution is 20 January 2022

The acquisition will enable Tech Mahindra to tap onto the potential industry disruption in the Insurance sector, expand its offerings to high-end digital engineering services for some of the largest insurance, re-insurance and financial services organizations globally and scale its nearshore delivery presence.

Record date for dividend is 20 January 2022

Prestige Estates Projects jumped 5.31% to Rs 539.75 after the realty companys sales booking for Q3 FY22 increased by 111% to Rs 4,267.6 crore from Rs 2,026 crore recorded in Q3 FY21.

Yash Chemex Ltd, Precision Wires India Ltd, Khaitan Chemicals & Fertilizers Ltd and Alphageo (India) Ltd are among the other gainers in the BSEs B group today, 18 January 2022.

AU Bank, Cholamandalam Investment and Finance Company also emerged as bullish stocks; SBI Life dragged the most.

Inox Wind rose 1.58% to Rs 128.65 after the company said it will offer shares worth Rs 400 crore in the proposed initial public offering of its material subsidiary, Inox Green Energy Services.

The order was secured from Green EPC (a Utico FZC subsidiary) who is the prime EPC contractor for this project.

Currently, the company Company owns and operates a strong fleet of commercial vehicles consisting of 290 owned trucks and more than 400 outsourced trucks and serve a broad range of industries.