Stocks to Track: SBI, HZL, Mphasis, HCLTech, Tanla Platforms, Patanjali Foods & more
Shares to Track, Stocks to Track: Here are a number of stocks set to be in focus during Tuesday's session on Dalal Street.
)
07:08 AM IST
Stocks to Watch out for on June 16, Share Market News: Domestic equity benchmarks made a comeback on Monday after two back-to-back sessions of losses in a recovery aided by buying in financial, IT and energy shares. The Sensex rose 677.6 points, or 0.8 per cent, to end at 81,796.2 while the Nifty50 settled at 24,946.5, up 227.9 points, or 0.9 per cent, from its previous close. Here are a number of stocks set to be in focus during Tuesday's session on Dalal Street.
Hindustan Zinc Ltd (HZL)
HZL shares are set to trade ex-dividend on Tuesday.
Vishal Mega Mart
A block deal worth Rs 5,000 crore is likely to take place in Vishal Mega Mart, with SAMAYAT offloading 45.97 crore equity shares at a floor price of Rs 110 apiece, according to sources.
The anticipated floor price marks a 12 per cent discount to the current market price.
Tanla Platforms
The company's board has approved a buyback proposal at Rs 875 per share, marking a 34 per cent premium over the market price.
Mastek
The company has secured a one-year deal from the UK's National Health Service (NHS).
Mphasis
The company has signed a strategic agreement with Sixfold.
Biocon
The biotechnology firm has launched a qualified institutional placement (QIP) of shares at Rs 340.2 apiece.
State Bank of India (SBI)
SBI's board has approved a proposal to raise funds in FY26.
Macrotech Developers
The government has permitted Macrotech Developers Ltd to change its name to Lodha Developers Ltd.
Tata Consultancy Services (TCS)
TCS has signed a transform reconciliation processes pact with the Council of Europe Development Bank.
Under the deal, the Mumbai-based IT major is set to implement its TCS BaNCSTM system for the multilateral development bank.
HCLTech
HCLTech has signed a multi-year contract with European energy company E.ON.
Patanjali Foods
The company is revising the Articles of Association (AoA) and the Memorandum of Agreement (MoA) for its electricity generation business.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
Rs 13 Lakh Lump Sum Investment in Mutual Funds: How many years will it take to create a Rs 1 crore, Rs 2 crore & Rs 3 crore corpus?
)
Top 7 Funds With Highest SIP Returns in 10 Years: Rs 10,000 SIP monthly SIP in No. 1 fund has ballooned to Rs 49,01,150
)
SIP Calculation: Rs 20,000/month investment, how quickly can you generate Rs 7 crore corpus? See calculations
)
8th CPC Revised Salary Estimates: Which central govt employees may see their basic pay jump to Rs 3 lakh- Rs 6.43 lakh at 2.08, 2.28 and 2.57 fitment factors
)
Power of Rs 16,000 SIP: How many years will it take to generate Rs 5,00,00,000 corpus with just Rs 16,000 monthly investment?
)
SBI vs Canara Bank 10-year FD For Senior Citizens: Compare maturity of Rs 3.5 lakh- Rs 6.5 lakh deposits in both PSU banks
)
Power of Rs 1,50,000 PPF Investment: How many years will it take to generate over Rs 1 lakh/month tax-free income from Public Provident Fund?
07:08 AM IST