Market Commentary     19-Jun-24
Stock Alert
Stock alert: Protean eGov Tech, Indus Tower, Zee Entertainment, Tata Technologies
Securities in F&O ban: Balrampur Chini Mills, Gujarat Narmada Valley Fertilizers & Chemicals, Hindustan Copper, India Cements, PEL, Sail, Sun TV network.

Protean eGov Technologies: Porinju Veliyath's Equity Intelligence India bought 2.95 lakh shares (0.73%) at Rs 1,199.50 per share via bulk deal on 18 June 2024.

Vodafone Idea, Indus Tower will be in focus today. The media reported that the Vodafone Group will likely divest about 9.94% of its stake in telecom tower operator Indus Towers in a share sale on Wednesday—over one or more tranches on the exchanges. The carrier may sell 26.8 crore shares worth Rs 9,138.8 crore at Rs 310-341 per share.

Gland Pharma will also be watched. Fosun will reportedly sell a 5% stake in the company through a block deal. Fosun Pharma is reportedly offering 8.2 million shares in the company, at a floor price set at Rs 1,750 per share.

Zee Entertainment Enterprises' CFO Rohit Kumar Gupta steps down from the position for personal reasons. The company appointed Mukund Galgali as acting CFO.

Craftsman Automation's board has approved raising up to Rs 1,200 crore through QIP.

Tata Technologies collaborated with Microsoft and Tata Motors for the InnoVeni hackathon for engineering students.

NMDC opened a new R&D centre in Hyderabad at an investment of Rs 50 crore.

Wipro debunked rumors of a multi-million dollar deal with Standard Chartered. Earlier reports claimed Wipro landed a lucrative 3-year contract, generating an estimated $50 million annually.

Electronics Mart India commenced the commercial operations of a new multi brand store under the brand name 'Bajaj Electronics' on June 18th in Andhra Pradesh.

Bharat Forge makes an additional investment of $40 million in Bharat Forge America.

Previous News
  Indus Towers to conduct board meeting
 ( Corporate News - 16-Apr-25   10:21 )
  Volumes jump at Punjab & Sind Bank counter
 ( Hot Pursuit - 01-Apr-25   11:00 )
  Indus Towers Ltd Spurts 6.35%, BSE Telecommunication index Rises 1.1%
 ( Hot Pursuit - 01-Apr-25   09:30 )
  Protean eGov Technologies allots 1,403 equity shares under ESOP
 ( Corporate News - 13-Mar-25   18:59 )
  Electronics Mart opens new retail outlet branded 'The Charcoal Project' in Hyderabad
 ( Corporate News - 26-Feb-25   20:11 )
  Electronics Mart India opens new retail store in Khammam, Telangana
 ( Corporate News - 17-Feb-25   19:16 )
  Electronics Mart India opens retail store in Gudivada, Andhra Pradesh
 ( Corporate News - 15-Feb-25   14:08 )
  Tilaknagar Industries Ltd leads losers in 'A' group
 ( Hot Pursuit - 10-Feb-25   15:00 )
  Electronics Mart India consolidated net profit declines 31.07% in the December 2024 quarter
 ( Results - Announcements 10-Feb-25   14:41 )
  Electronics Mart tanks after Q3 PAT decline 31% YoY to Rs 32 cr
 ( Hot Pursuit - 10-Feb-25   14:36 )
  Bharti Airtel Ltd Surges 2.65%, BSE Telecommunication index Gains 1.29%
 ( Hot Pursuit - 07-Feb-25   09:33 )
Other Stories
  Stock Alert: HCL Tech, Waaree Energies, AU Small Finance Bank, Tata Comm, Tata Consumer Products
  23-Apr-25   08:20
  Stock Alert: HCL Tech, Mahindra Logistics, Anant Raj, Himadri Speciality Chemical, Tata Investment Corp
  22-Apr-25   08:29
  Stock Alert: Infosys, Jio Financial Services, Just Dial, Tata Elxsi, HDFC Bank, ICICI Bank
  21-Apr-25   08:22
  Stock Alert: Wipro, Angel One, Waaree Renewable Tech, Infosys, BHEL
  17-Apr-25   08:35
  Stock Alert: IREDA, Wipro, Swiggy, Lemon Tree Hotels, Dabur India, Angel One
  16-Apr-25   08:35
  Stock Alert: Ircon Intl, Sula Vineyards, Ashiana Housing, NCL Inds, Orient Cement, Aurobindo Pharma
  15-Apr-25   08:29
  Stock Alert: TCS, Coromandel Intl, JSW Energy, Biocon, Jindal Stainless Steel
  11-Apr-25   08:29
  Stock Alert: Shyam Metalics, Senco Gold, NTPC Green Energy, Signatureglobal (India)
  09-Apr-25   08:38
  Stock Alert: Bharat Electronics, Titan Company, Mahindra & Mahindra, P N Gadgil Jewellers
  08-Apr-25   08:35
  Stock Alert: IndusInd Bank, Indian Bank, Godrej Properties, Force Motors, Aurobindo Pharma
  07-Apr-25   08:25
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