Here's a look at the top stocks that may hog the limelight in today's session:
NBCC and Jaypee Infratech: State-owned NBCC, Kotak Investment, Singapore-based Cube Highways and Suraksha group have been shortlisted as bidders for debt-laden Jaypee Infratech, according to a regulatory filing. Jaypee Infratech is undergoing insolvency proceedings in the NCLT.
Power Grid Corporation: The company has bagged a project to set up a transmission system for evacuating electricity from the 1,320 MW Jawaharpur thermal power project and to construct a substation in Uttar Pradesh.
Maruti Suzuki: Car prices are set to go up in the New Year with market leader Maruti Suzuki announcing that it was working on increasing prices across its range of vehicles due to higher commodity costs and adverse foreign exchange movement.
Vodafone Idea: The telecom operator said that conclusion of networks integration will reinforce its Internet of Things (IoT) business by helping the company tap into new areas like agriculture, leveraging erstwhile Idea Cellular’s strong rural presence. “The company is focusing on NB-IoT (narrowband IoT) technology as it has the potential to drive mass deployment, helping to bring down cost of devices that is crucial for India,” Nick Gliddon, VIL’s chief enterprise business offi ..
Tata Communications: UROS Group, which focuses on turnkey IoT solutions and smart connectivity, has teamed up with digital infrastructure provider Tata Communications to support the deployment of IoT and smart city solutions for large commercial and public sector organisations, globally.
Larsen & Toubro (L&T): The company on Wednesday said its construction arm has bagged orders worth Rs 2,106 crore across various business segments in the domestic market.
Tyre stocks: Tyre exports from India have been witnessing robust growth in the last three years and are poised to cross Rs 12000 crore during the current fiscal, industry body Automotive Tyre manufacturers Association (Atma) has said.
Infosys: The IT major inaugurated its Technology and Innovation Hub in Hartford. Infosys also announced that it has hired more than 7,000 American workers in the last 18 months as part of its ongoing commitment to accelerate the pace of digital innovation for American enterprises.
Power Finance Corporation (PFC): The Cabinet will consider the proposal for PFC acquiring entire government holding in state-owned REC, which will fetch the government around Rs 15,000 crore.
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