Siemens Energy, Vodafone Idea, Tata Communications, Zydus Life, Hero MotoCorp are some of the stocks that will buzz on D-Street on Thursday.
Many corporate announcements came after Wednesday market hours. Here's a roundup:
Stocks In News
Vodafone Idea: The company signed an agreement with AST Spacemobile to expand mobile connectivity. The collaboration will bring direct-to-device satellite broadband connectivity.
Hero MotoCorp: The company will introduce Vida VX2 with Battery-As-A-Service Model. 'Pay-as-you-go' battery subscription model to make VIDA Electric Vehicle ownership more flexible, affordable.
ESAF Small Finance Bank: The bank approved the proposal for sale of NPA, written-off loans to Asset Reconstruction Company. The lender will sell Rs 735 crore of bad loans for Rs 362.43 crore.
Aavas Financiers: The company approved the issuance of NCDs worth Rs 200 crore.
Zydus Life: USFDA closed inspection at the Ahmedabad plant with two observations. The inspection was from June 9 to 18.
Jio Financial Services: The company acquired SBI's remaining shareholding in Jio Payments Bank from SBI for Rs 105 crore. Post Acquisition, Jio Payments Bank becomes a wholly owned subsidiary.
Axiscades: The company will expand strategic cooperation with MBDA and has undertaken built-to-spec and built-to-print assignments on test benches for MBDA.
Ashoka Buildcon: The company received work orders for intelligent traffic management projects across Maharashtra.
Medplus Health Services: The arm received four suspension orders for drug licenses for Telangana, Tamil Nadu, Karnataka stores.
Puravankara: A subsidiary received a work order worth Rs 272 crore from TRU Dwellings.
New Listing
Recently demerged Siemens Energy India will list on the BSE and NSE. A special pre-open session is scheduled between 9:15-9:45 a.m., before regular trading begins at 10 a.m.
IPO Offering
ArisInfra Solutions: The public issue was subscribed to 0.24 times on day 1. There were no bids were by Qualified institutional investors, non-institutional investors (0.19 times), retail investors (1.04 times).
Stocks Going Ex-Trade
Ex-Dividend: Reliance Industrial Infrastructure (Final Dividend - Rs 3.5), Tejas Networks (Final Dividend - Rs 25), Tata Communications (Final Dividend - Rs 2.5).
Stock To Exit Anchor Lock-In
As much as 21% equity of Indian Shelter Finance is set to become eligible for trade as the lock-in period ends for pre-IPO anchor investors.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
