Stocks to watch: Shares of firms like MapmyIndia, YES Bank, IRCTC, Zee, UltraTech, Coforge, and others will be in focus on Wednesday’s trade.
Stocks To Watch On June 26: Benchmark Sensex breached the historic 78,000 level for the first time, while Nifty settled at a new record high on Tuesday on buying in blue-chip bank stocks. In today’s trade, shares of MapmyIndia, YES Bank, Sanghi Industries, ZEE, Mahindra Finance among others will be in focus due to various news developments.
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CE Info Systems: According to reports, Rakesh Kumar Verma, promoter of CE Info Systems, plans to sell 0.9 per cent of the company’s equity through a block deal valued at Rs 114.6 crore.
Yes Bank: Yes Bank disclosed its plan to raise funds through debt securities on August 23, 2024, with its share price closing at Rs 24.08 on June 25.
Coforge: The Competition Commission of India has approved Coforge’s acquisition of a 54 per cent majority stake in Cigniti Technologies, following Coforge’s board approval in May.
DEE Development Engineers: DEE Development Engineers’ shares will debut today on Indian bourses after a highly subscribed IPO of 99.56 times.
Telecom Spectrum Auction: Telecom operators placed bids totaling approximately Rs 11,000 crore on the first day of the spectrum auction, covering five rounds.
UltraTech Cement: UltraTech Cement revised its offer to acquire a 25 per cent stake in UAE-based RAKWCT, down from the initial 31.6 per cent.
Mazagon Dock Shipbuilders: Mazagon Dock Shipbuilders announced it has achieved “Navratna” status from the Department of Public Enterprises, becoming India’s 18th PSU to receive this recognition.
Punjab & Sind Bank: State-owned Punjab & Sind Bank has signed an initial agreement with the Indian Army on defence salary package which will come with a host of facilities, including free insurance cover.
Zee: NCLT has allowed for withdrawal of implementation application of composite scheme of arrangement with Sony.
IRCTC: The news in circulation on social media about restriction in booking of e-tickets due to different surnames is false and misleading, says IRCTC.
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