Slightly mixed sentiment in global markets is expected to spill over to the Indian stock market as well. Indian benchmark indices may witness a weak opening on Thursday. Here are the top buzzing stocks for trade today:
Indian Hotels Company |
After acquiring the balance 14.28 percent equity stake in ELEL Hotels and Investments, ELEL has become a wholly-owned subsidiary of Indian Hotels Company.
Financial Services Companies | RBI has released the Financial Stability Report which shows that bad loans are set to rise but even in the worst-case scenario, gross NPAs across the banking system won't hit double-digits by September next year.
Varun Beverages | The company has incorporated a new entity 'Varun Beverages RDC SAS' in the Democratic Republic of Congo to carry on the business of manufacturing, selling, trading and distribution of carbonated and non-carbonated beverages.
Bharat Petroleum Corporation Ltd | Life Insurance Corporation of India acquired over 2 percent stake in the company through open market transactions. With this, LIC's shareholding in BPCL has increased to 7.03 percent from 5.01 percent earlier.
Puravankara | The company will sell 49 percent stake in arm Keppel Puravankara Development to Keppel Investment for Rs 112 crore.
Kimia Biosciences | The company has been validated for the supply of pharmaceutical raw material (Bilastine) to Bangladesh by the Government of Bangladesh. This certificate of source validation is valid for 3 years from the date of issue.
Deep Industries | The company has received an order from GSPC LNG for the hiring of gas compression services at GSPC LNG Terminal, Mundra, Gujarat, for 5 years. The total estimated value of the contract is approximate Rs 44.40 crore.
KPI Global Infrastructure | The company has received confirmation of the order for executing a solar power project of 10 MWDC capacity from Colourtex Industries, Surat under the 'captive power producer (CPP)' segment.
IRB Infrastructure Developers | The company has raised Rs 5,346.6 crore as it has approved allotment of 25,24,50,000 equity shares at a price of Rs 211.79 per share to Cintra INR Investments BV and Bricklayers Investment Pte Ltd.
BASF India | The company has reached an agreement to divest its manufacturing site in Quincy, Florida and the associated attapulgite business for $60 million to Clariant.