Share Market News: SBI Card, Power Grid, HCLTech, IGL, Prataap Snacks, other stocks to track on Friday

Share Market News: At around 8:13 am, GIFT Nifty futures traded higher by 0.15 per cent or 39.2 points at 25,395.5, indicating a positive opening on the D-Street. 

Domestic equity benchmarks scaled fresh peaks on Thursday as the Sensex surged 1439.6 points, or 1.8 per cent, to close at 82,962.7 and the Nifty50 settled with a gain of 470.5 points, or 1.9 per cent, at 25,388.9, driven by buying across sectors led by financial, IT, energy, and auto stocks. As Dalal Street participants await the last trading session of the week, here's a list of stocks that are set to be in focus on Friday including SBI Card, Power Grid, HCLTech, IGL, and Prataap Snacks.

Power Grid 

Power Grid has been declared as the successful bidder under tariff-based competitive bidding to establish an interstate transmission system for the augmentation of transformation capacity at Jam Khambhaliya PS (GIS) on a build, own, operate, and transfer (BOOT) basis.

The PSU received the Letter of Intent (LoI) on September 12.

HCLTech

HCLTech has completed the acquisition of Paris-headquartered software company Zeena SAS.

SBI Card 

SBI Card's board will meet on September 18 to consider a proposal to issue NCDs worth up to Rs 5,000 crore. Read more

CORPORATE ACTION

More than 85 stocks are scheduled to trade ex-dividend, ex-bonus, ex-rights, or ex-split on September 13. 

• Dividend: The stocks set to trade ex-dividend on Friday include Glenmark Pharma, BMEL, KCP Sugar, ASI Industries, Amines & Plasticizers, Salona Cotspin, Asian star Co, Bannari Amman Sugars, Transpek Ind, Prataap Snacks, Hi-Tech Pipes, IGL, Ami Organics, Manaksia Coated Metals & Industries, Super Tannery, Manaksia Aluminium Company, Meghna Infracon Infra, Paisalo Digital, Accel, Precision Wires, Hariom Pipe Industries, PNB Gilts, Shaily Engineering, Speciality Restaurants, Garden Reach Shipbuilders & Engineers, Pitti Engineering, BEML, DOMS Industries, and Krsnaa Diagnostics. 
• Bonus: Monarch Networth Capital 
• Rights: Narmada Agrobase, Sadhana Nitrochem, and Tilak Ventures are scheduled to trade ex-rights on Friday.  
• Split: Onesource Ideas Venture, Sportking India, and Krishna Institute of Medical Sciences (KIMS) shares are set to trade ex-split the same day.  

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