The top 10 equities that will probably be scrutinised on Thursday are listed below:
SBI: According to chairman Dinesh Khara, the nation’s largest bank, State Bank of India (SBI), is preparing to face competition as a result of the merger of mortgage lender Housing Development Finance Corp (HDFC) and HDFC Bank.
GAIL (India) Limited: With the goal of meeting demand from off-grid places and the transportation sector, GAIL (India) Limited intends to start producing distributed liquefied natural gas (LNG).
IRB : IRB Infra obtained an arbitration award from IRB Pathankot Amritsar Toll Road Ltd. for 419 crores of rupees.
Vodafone Idea: The heavily indebted telecom giant Vodafone Idea announced on Wednesday that its board of directors approved a plan to raise up to $436.21 million through the preferential sale of equity shares or convertible warrants.
Stocks of the Shriram Group: nonbank lenders According to YS Chakravarti, chief executive of Shriram City Union Finance, the cross-selling pilot programme between Shriram City Union Finance and Shriram Transport Finance would be expanded from 50 branches to 500 in July in order to get ready for the proposed merger that was announced in December.
Allsec Technologies: According to a statement released by the firms on Wednesday, Allsec Technologies, a provider of business process outsourcing services, will merge with Quess Corp, a provider of technology-enabled staffing and outsourcing services.
Imagicaaworld Entertainment: The company announced that its debt restructuring process was complete and that the board of directors now includes new promoters.
South Eastern Coalfields Limited (SECL), a subsidiary of Coal India, has inked an agreement with the Madhya Pradesh Power Generation Company Limited (MPPGCL) to build a 660 MW thermal power plant at a cost of $4,665 crore, the company announced on Wednesday.
Bajaj Auto: The business informed the exchanges of its intention to examine the buyback proposal for equity shares with the board of directors.
The new Chief Financial Officer and Key Managerial Personnel of DCB Bank is Satish Gundewar.