Here’s a quick look at stocks likely to be in focus in Friday's trade, covering, order wins, and acquisitions announced by companies after market hours on Thursday:
Wipro
The company has allotted 4,239 equity shares under the ADS Restricted Stock Unit Plan 2004. It has also allotted 54,464 equity shares under the Restricted Stock Unit Plan 2007 on September 12.
Reliance Industries
The company has received an order from the Deputy Commissioner of State Tax, Jamnagar, levying a penalty of Rs 63 lakh for allegedly incorrect availment of input tax credit. The company informed the exchanges that it intends to file an appeal against the order.
Power Grid
The company has been declared the successful bidder for the 'augmentation of transformation capacity' at Jam Khambhaliya in Gujarat.
HCL Technologies
The company has announced the acquisition of a 100 percent stake in Zeena SAS, a software company based in Paris, France, at an enterprise valuation of EUR 23.9 million.
Muthoot Capital
The company issued a commercial paper amounting to Rs 25 crore on September 12.
HG Infra Engineering
The company has received a letter from Central Railway for the construction of a new broad gauge line between Dhule (Borvihir) and Nardana (approximately 49.45 km) on the Central Railway in Engineering & Procurement (EPC) mode. The project cost is Rs 716.11 crore, with a construction period of 30 months. The appointed date is set for September 4, 2024.
Chartered Logistics Limited
A wholly owned subsidiary of the company, Chartered Comcare IFSC Limited, has been incorporated in GIFT City on August 12, 2024.
BLS International
BLS International Services Limited has signed an agreement to acquire a 100 percent stake in Citizenship Invest, a Dubai-based firm specializing in investor programs for residence and citizenship in over 15 countries. The acquisition, valued at $31 million (approximately Rs 260 crore), will be funded through internal accruals and is expected to be completed by October 31, 2024, pending approvals.
Indo Thai Securities
The company has approved the offer, issue, and allotment of 15 lakh warrants at Rs 500 each, which includes a premium of Rs 490.
Ex-Dividend
Accel, APM Industries, ASI Industries, CCL Products, Ceejay Products, Emmbi Industries.
Stock Split
Krishna Institute of Medical Sciences, Sportking India.
Bonus Issue
Monarch Networth Capital.
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