Monday, 5 February 2018

Top stocks in focus today: Tata Steel, NBCC, Bhushan Steel, Aurobindo

NBCC says letter of approval from the Government of Assam for construction of Twin Tower Trade Centre at Guwahati, Assam amounting Rs2,000cr.

Tata Steel 
completes completion of 74% stake in Bhubaneshwar Power for Rs255cr.

Singapore Telecommunications Limited or Singtel, will invest Rs2,649cr in Bharti Telecom Limited, the promoter company of India's largest carrier Bharti Airtel, through a preferential allotment of shares.

Jaiprakash Power Ventures has offered its Nigrie power project to NTPC for acquisition, while State Bank of India has proposed stake sale in three stressed plants of Bajaj Lalitpur, Jaypee Infratech and Jindal India Thermal to the state-run firm, as per media reports.

Cera Sanitaryware to further explore the proposal to hike stake in Dubai arm.

Info Edge clarifies that Alipay Singapore has acquired 32,629 shares in Zomato.

Mangalam Organics 
to buyback 6.10 lakh shares (6.74% equity) at Rs230 each.

Adani Power has sought approval from the commerce ministry to set up a special economic zone for the power sector in Jharkhand, entailing investment of Rs150.02 bn, as per media report.

Aegis Logistics board has recommended to pay Rs0.5 per share interim dividend.


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