Share Market News June 26: HAL, Bharat Dynamics, Mazagon Dock, NTPC, other stocks to track today
Stocks to Track on June 26, Stocks in News: At around 8:02 am, GIFT Nifty futures traded lower by 0.1 per cent or 24.75 points at 23,706.5, indicating a muted opening on the D-Street. As the focus shifts to the next session, here is a list of stocks that are likely to be in focus on Wednesday:
Bharat Dynamics riding on the back of strong order book
Bharat Dynamics has said that its order pipeline for the next 2-3 years stands at Rs 200 crore, taking its total order book to Rs 19,400 crore as of March 31.
M&M Financial Services CFO steps down
Mahindra & Mahindra Financial Services has announced the resignation of its CFO, Vivek Karve, to pursue his personal, social, and professional interests.
Mazagon Dock Shipbuilders gets Navratna status
The Department of Public Enterprises has granted the 'Navratna' status to Mazagon Dock Shipbuilders.
HAL board to meet on June 26 to consider final dividend
The board of Hindustan Aeronautics Ltd (HAL) is slated to meet on June 26 to consider a final dividend.
NTPC board to meet on June 29 to consider Rs 12,000-crore NCD
NTPC's board is scheduled to meet on June 29 to consider raising funds of up to Rs 12,000 crore through non-convertible debentures (NCDs).
Coforge gets fair trade regulator CCI's nod to buy majority stake in Cigniti Tech
Competition watchdog CCI has approved the acquisition of a majority stake in Cigniti Technologies by Coforge, according to the Indian IT firm.
Stocks to trade ex-dividend
Aegis Logistics and Welspun Living shares are scheduled to trade ex-dividend on Wednesday.
CE Info:
The company's promoter is reported to offload 5 lakh shares in the entity at a floor price of Rs 2,293.20 apiece, signifying a discount of 5 per cent from the previous close. The block deal is estimated to be worth around Rs 115 crore.
Sanghi Industries
Ambuja Cements and Ravi Sanghi through the offer for sale will issue 90.92 lakh shares at a floor price of Rs 90 per share. On Wednesday, the OFS will open for non-retail investor class.