Here's a look at stocks that are likely to be in focus during the trading session on Tuesday.
Photo Source: Envato
Shares of TCS, Hindustan Copper, ICICI Bank, Coal India and UCO Bank will be in focus on Tuesday.
Here are the notable corporate announcements that came after Monday's market hours:
Stocks In News
- Tata Consultancy Services (TCS): To acquire Porsche AG arm MHP Management for 320 million euros. Signs a five-year strategic pact worth 1.25 billion euros with Porsche AG and MHP.
- UCO Bank: Board approves raising foreign currency funds of up to $1 billion through debt instruments under the MTN Programme.
- Coal India: Incorporates Singapore-based arm CIL Global Pte. Ltd. to explore and develop overseas opportunities in critical minerals asset acquisition, enable efficient management of overseas investments and provide structural flexibility for future acquisitions.
- ICICI Bank: Prices $1 billion senior unsecured fixed-rate notes under its $7.5 billion Global Medium Term Note Programme.
- Can Fin Homes: Board to meet on Aug. 29 2026 to consider raising funds of up to Rs. 5,000 crore, including approval of a Key Information Document for Rs. 900 crore NCD issuance.
- Indian Railway Finance Corporation (IRFC): Receives GST show cause notice seeking Rs. 549 crore, including interest and penalty, over FY23 ITC mismatch.
- Aegis Vopak Terminals: To acquire a 36,000 MT-capacity storage terminal at Pipavav Port for Rs. 525 crore.
- Hindustan Copper: Government to divest 3% stake via OFS, with an additional 3% green-shoe option, at a floor price of Rs. 514 per share. 10% reserved for retail investors and 25,000 shares for employees.
- Piramal Finance: QIP issue opens with a floor price of Rs. 2,102.65 per share. Board may offer up to a 5% discount.
- Kotak Mahindra Bank: Allots $650 million in senior notes under its MTN Programme.
ALSO READ: Buy, Sell Or Hold: BEL, Tata Power, Varun Beverages, Dabur India And RVNL — Ask Profit
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.