Stocks to Watch Out For Today: RIL, NTPC Green, IndusInd Bank, Zomato, Vedanta
Zomato shares are in the spotlight on Monday as the food delivery giant makes history by becoming the first new-age tech company to be included in the BSE Sensex’s 30-share frontline index.
Stocks
Markets saw a sharp decline on Friday, losing nearly 1.5% as the corrective phase continued. In today's trading session, shares of RIL, NTPC Green, IndusInd Bank, Zomato, and Vedanta are expected to attract attention due to various significant developments.
Zomato
Zomato's shares are in the spotlight as the food delivery giant becomes the first new-age tech company to join the BSE Sensex's 30-share frontline index.
Piramal Enterprises
Piramal Enterprises is making headlines as it explores new funding options, with the board approving a plan to raise up to ₹2,000 crore through a qualified institutional placement.
Aurobindo Pharma
Aurobindo Pharma’s subsidiary, CuraTeQ Biologics, has received marketing authorization from the MHRA for Bevqolva, a biosimilar version of bevacizumab.
NTPC Green
NTPC Green has signed an MoU with the Bihar government to promote renewable energy initiatives in the state.
RIL
Reliance Industries' subsidiary, Reliance Digital, has entered into an agreement to acquire a 45% equity stake in Health Alliance Group Inc.
Vedanta
Vedanta has announced revisions to its demerger plan, opting to retain its base metals business within the parent company.
NHPC
NHPC has signed an MoU with the Bihar government for a ₹5,500 crore investment in solar energy and green hydrogen projects.
IndusInd Bank
The Reserve Bank of India (RBI) has imposed a ₹27.30 lakh penalty on IndusInd Bank for non-compliance with certain regulatory norms.
Ultratech Cement
UltraTech Cement has agreed to acquire 10.13 crore shares (32.72% equity) of India Cements from the promoters and promoter group members.
Indian Oil
Indian Oil Corporation (IOC) has approved a ₹657.33 crore investment for a Yarn Project at Bhadrak, Odisha.
This summary highlights the key stocks and developments that will be closely watched in today's market.