Anupam Rasayan, LTI Mindtree, Dhampur Sugar, KEC International, and Tata Chemicals among top stocks to track
Stocks to watch: Anupam Rasayan has signed a letter of intent worth revenue of $265 million (Rs 2,186 crores) for the next 5 years with one of the leading Japanese Speciality Chemical companies to supply new age patented life science active ingredients.
Stocks to watch: The domestic equity market is expected to open in the green on Wednesday, as indicated by the SGX Nifty. At 8:26 am, the Nifty futures on the Singapore Exchange were trading 43.5 points, or 0.23 per cent higher at 18,828.5. Besides, Asian shares rose and the dollar was under pressure on Wednesday after slowing US inflation solidified bets that the Federal Reserve would skip a hike later in the day, but uncertainty remained about further rate increases beyond this week.
Here's a look at the top stocks that may remain in focus today:
Tata Chemicals: Following Nirma, the company has slashed the price of soda ash by Rs 2,300 per tonne.
Tata Steel: At least 19 people sustained burn injuries in a steam leak at Tata Steel's Meramandali plant in Odisha's Dhenkanal district on Tuesday, police said. The injured were immediately rushed to a private hospital in Cuttack.
Anupam Rasayan: The company has signed a Letter of Intent worth $265 million (Rs 2,186 crore) for the next 5 years with one of the leading Japanese speciality chemical companies to supply new-age patented life science active ingredients.
LTI Mindtree, the global technology consulting and digital solutions company, announced that it has joined the Microsoft Intelligent Security Association (MISA). MISA is an ecosystem of independent software vendors (ISVs) and managed security service providers (MSSPs) that have integrated their solutions with Microsoft’s security technology to better defend against a world of increasing threats.
Dhampur Sugar: The company, in a regulatory filing, informed exchanges that it has completed the expansion of its grain-based distillery capacity of 100 KLPD at its unit located at Dhampur, Distt. Bijnor, Uttar Pradesh. The new capacity was commissioned on June 13, 2023. This enhanced capacity will be interchangeable between molasses, syrup, and grain. This will facilitate better utilisation of distillery capacity.
Ex-dividend: Canara Bank and Tata Chemicals will trade ex-dividend today.
KEC International has secured new orders of Rs 1,373 crore across its various businesses.
ZEE Entertainment Enterprises: Plutus Wealth Management LLP has bought 75 lakh shares in the company. Plutus Wealth bought a 0.78 per cent stake at Rs 191.44 apiece.
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