Domestic equity benchmarks staged a comeback with gains of 0.6-0.7 per cent each after five back-to-back sessions of weakness. The Sensex rose 498.6 points to end at 78,540.2 while the Nifty50 settled at 23,753.5, up 166 points for the day. Buying in financial, energy and FMCG shares aided the rebound on Dalal Street though selling in auto stocks limited the upside. Here are a bunch of stocks set to be in focus in the next trading session:
Stocks to Track on Tuesday | Vedanta, Bharti Airtel, Vodafone Idea…
Vedanta
Vedanta shares are set to trade ex-dividend on Tuesday. Earlier, the mining giant declared an interim dividend of Rs 8.5.
Neva
Nava’s board has approved a proposal to split its stock in the ratio of 2:1.
Zaggle Prepaid Ocean Services
Zaggle Prepaid Ocean Services’ qualified institutional placement (QIP) issue concluded on Monday.
The company will be issuing 1.13 crore shares at Rs 523.2 per unit.
Greaves Cotton
Greaves Electric Mobility has filed a DRHP to float an IPO.
PG Electroplast, Whirlpool
Whirlpool of India and PG Electroplast have signed an agreement for the contract manufacturing of select models of Whirlpool branded semi-automatic washing machines.
As part of the deal, PGEL will manufacture some of the SKUs for Whirlpool at its factory at Roorkee.
PGEL is already an existing supplier of Whirlpool branded air conditioners.
Bharti Airtel, Vodafone Idea, other telecom-related stocks
Telecom regulator TRAI has amended tariff rules to mandate mobile service providers to issue a separate plan for voice calls and SMS for customers not using data.
The regulator has also removed a cap at 90 days on special recharge coupons, extending it to up to 365 days.
Bharat Forge
The company will invest Rs 549 crore in its American subsidiary Bharat Forge America Inc.
Symphony
The company has received strong response from its trade partners for its 17 new air cooler models.
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