Hyundai Motor India Ltd., Wipro Ltd., Indian Overseas Bank and Avenue Supermarts Ltd. will be the stocks to watch before going into trade on Thursday.
Hyundai Motor India: The company has announced a price increase of up to 3% for its vehicles, effective April 2025, driven by rising input costs, higher commodity prices and increased operational expenses.
Wipro: The company has introduced innovative agentic AI services aimed at enabling nations worldwide to develop and implement artificial intelligence solutions.
Indian Overseas Bank: The company's board of directors reviewed and approved the issuance of long-term infrastructure bonds amounting to Rs 10,000 crore.
Avenue Supermarts: The company invested Rs. 175 crore in subsidiary Avenue E-commerce.
NHPC: The company's board of directors approved a borrowing plan to raise up to Rs 6,300 crore for fiscal 2025-26.
Dhanlaxmi Bank: The bank approved to raise funds up to Rs 150 crore via NCDs on private placement basis.
Can Fin Homes: Apurav Agarwal resigned as the chief executive officer due to personal reasons.
BMW Industries: The company approved a capital expenditure of Rs 803 crore for establishing a greenfield downstream steel complex in Jharkhand.
Trent: Arm Booker India is set to acquire THPL Support Services from Trent Hypermarket for Rs 166 crore.
Thomas Cook (India): The company signed and executed a business transfer agreement with Nature Trails Resorts Pvt Ltd., a step-down wholly owned subsidiary of the company. The agreement involves acquiring NTRPL's hotel business for a consideration of Rs 52.3 crore on a going concern basis through a slump sale.
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