Nifty futures on the Singapore Exchange traded 2 points, or 0.01 per cent, lower at 14,357 in signs that Dalal Street was headed for a flat on Tuesday. Here are a few stocks which may buzz the most in today’s trade:
Adani Ports: S&P Dow Jones Indices said it has removed India’s Adani Ports and Special Economic Zone Ltd from its sustainability index due to its relationship with Myanmar’s military and their alleged human rights abuses.
Bandhan Bank: Private sector Bandhan Bank said it has witnessed a 21 per cent yearly growth in loans and advances to Rs 87,054 crore as of March 31, 2021. The bank’s loans and advances stood at Rs 71,846 crore as on March 31, 2020.
TCS: The country’s largest tech exporter TCS on Monday reported a 14.9 per cent jump in its consolidated net profit for the March quarter to Rs 9,246 crore on higher profit margins and revenue growth.
Cadila Healthcare: The company, which is developing a third generation DNA-based Covid vaccine, expects to file for emergency approval for the product in June, as the Ahmedabad-based company hopes to generate enough data from clinical trials by May to approach the regulators.
Coforge: Noida-based IT solutions provider Coforge picked up a controlling stake in SLK Global Solutions, a business process transformation services provider primarily to the financial services industry, for a reported enterprise value of USD 195 million.
Prabhat Dairy: The company will be delisted from BSE and NSE on April 30, while trading in its equity shares will be discontinued from April 23, the exchanges said. This comes after the company complied with the formalities for voluntary delisting of equity shares.
YES Bank: Markets watchdog Sebi imposed a fine of Rs 25 crore on Yes Bank for mis-selling AT-1 bonds in the secondary market few years ago, saying there was a “devious scheme” to dump the bonds on the lender’s hapless customers.
Magma Fincorp: The Competition Commission of India (CCI) on Monday approved acquisition of majority shareholding in Magma Fincorp by Adar Poonawalla-controlled Rising Sun Holdings and two other individuals.
CreditAccess Grameen: Non-banking financial company CreditAccess Grameen said its collection efficiency has improved to 94 per cent in the March 2021 quarter from 91 per cent at December-end 2020. The year-on-year and quarter-on-quarter consolidated loan disbursement rose by 42 per cent and 3 per cent, respectively, to Rs 4,726 crore in the March 2021 quarter, a release said.
Sharda Motor: Automobile parts maker, Sharda Motor Industries said it has shut a manufacturing unit at Greater Noida from where it supplied canopies to Maruti Suzuki and Mahindra & Mahindra.
ONGC: State-owned Oil and Natural Gas Corporation (ONGC) invited bids for the sale of initial 2 million standard cubic meters per day of gas from its KG basin fields at a minimum price of USD 6.6 per mmBtu.
Vedanta: The company said it has entered into a pact with research institutes for value extraction from bauxite residue Bauxite residue (red mud) is a by-product generated during processing of bauxite into alumina using the Bayer process. It includes iron, alumina, rare earth elements (REE) and titanium dioxide.
Surya Roshni: Lighting and steel pipe products maker Surya Roshni said it has bagged an order worth Rs 299 crore for supply of carbon steel line pipes to Numaligarh Refinery Ltd for Paradip Numaligarh Crude Oil Pipeline project in Odisha.
Bharti Airtel: Bharti group-backed OneWeb on Monday said it has signed an MoU with Kazakhstan government and local partners to provide satellite connectivity services in Kazakhstan, commemorating the 60th anniversary of first human spaceflight.
