Share Market News June 19: Indus Towers, Tata Tech, LTIMindtree, Wipro, Vedanta, other stocks to track on Wednesday
Stocks to Track on June 19, Stocks in News: At around 8:15 am, GIFT Nifty futures traded higher by 0.38 per cent or 89.9 points at 23,658, indicating a positive opening on the D-Street. Domestic equity benchmarks scaled unprecedented levels on Tuesday, with the Nifty50 rising for the fifth session in a row, led by buying interest in financial, IT and energy shares. As the focus shifts to the June 19 session on Dalal Street, here is a list of stocks that are likely to be in focus on Wednesday:
Sapphire Foods India board to meet on Wednesday to consider share split
Sapphire Foods India's board is scheduled to meet on June 19 to consider a proposal to split its stock.
LTIMindtree stock to trade ex-dividend
LTIMindtree shares are slated to trade ex-dividend on June 19.
Wipro stock in focus
Wipro has dismissed reports suggesting the IT major won a deal from Standard Chartered, terming them as "rumour" and "speculation".
Prestige Estate Projects board set to meet on June 21
Prestige Estate Projects' board is scheduled to meet on June 21 to consider raising funds.
Dalmia Bharat stock to trade ex-dividend
Dalmia Bharat shares are scheduled to trade ex-dividend on Wednesday.
Sobha stock to trade ex-date
Real estate developer Sobha's shares are all set to trade ex-rights on Wednedsay.
Other stocks to go ex-dividend
Panasonic Carbon India, Sagar Cements and Intellect Design Arena shares are set to trade ex-dividend on Wednesday.
Indus Towers in the spotlight
The Vodafone Idea group is likely to offload a 9.94 per cent stake in Indus Towers at Rs 310-341 per share through the block deal route, according to Zee Business. The expected price of the block deal implies a discount of about 10 per cent to the market price.
Tata Technologies collaborates with Microsoft, Tata Motors
Tata Technologies has said it is collaborating with Microsoft and Tata Motors to provide engineering students in India with a platform to showcase their creativity and develop innovative solutions to address the biggest challenges facing the manufacturing industry.
Awfis Space Solutions to report Q4 results
Newly-listed Awfis Space Solutions is all set to report its financial results for the March quarter.
Sapphire Foods India board set to meet
Sapphire Foods India's board is scheduled to meet to discuss a proposal to split the company's stock.