Stocks to watch: ZEEL, Vodafone Idea, KEC Int’l, Torrent Power, Infosys

The beautiful futures on the SGX fell 24 points to 17,537 at around 8:45 am, indicating that the benchmark index started tepidly on Wednesday.

Here are the top stocks traded on Dalal Street today:

Zell: Zee Entertainment (ZEEL) stated in an exchange document that the company has signed a merger agreement with Sony Pictures Networks India Private Limited. According to the transaction, Sony Pictures Entertainment will inject US$1.575 billion into the combined entity. After the merger, Zee Entertainment’s shareholders will hold 47.07% of the shares, while Sony Pictures Networks will hold 52.93% of the combined entity. The company stated that Punit Goenka will serve as the managing director and chief executive officer of the combined company for a term of 5 years.

Vodafone philosophy: Vodafone plc has made it clear that it will not make any new equity injections in its Indian telecommunications business-Vodafone Idea Ltd (VIL). In response to a query, a spokesperson for the UK-based telecommunications company said: “Just to confirm our position, Vodafone Group will not inject new equity.” This is the first time Vodafone has commented on its position after the government announced its telecommunications package last week. give a speech. read more

Indiabulls housing financing: The company will raise US$165 million through the issuance of foreign currency convertible bonds (FCCB). The company stated in a regulatory document that the decision was made at the company’s securities issuance committee meeting on September 21, 2021.

SBI card: The Carlyle Group’s US private equity fund CA Rover Holdings sold a 3.4% stake in SBI Cards and Payment Services Ltd for 3,267 crore rupees in an open market transaction on Tuesday. According to block transaction data provided by NSE, the private equity firm sold 3.2 million shares, accounting for 3.4% of the shares.

KEC International: Engineering, procurement and construction giant KEC International Ltd said on Tuesday that its various businesses have received orders worth 1,157 crore rupees.

Torrent power supply, CESC: The company announced that it has signed a share purchase agreement to acquire a 156 MW wind power project from Surya Vidyut, a subsidiary of CESC Ltd., at a price of approximately 7.9 billion rupees. Surya Vidyut operates 156 MW wind power projects in Gujarat, Rajasthan and Rajasthan. A statement said Madhya Pradesh.

Infosys: IT services giant Infosys announced on Tuesday that it has partnered with digital workflow company ServiceNow to provide enterprise-level service management for manufacturing customers. Through this cooperation, Infosys will use its industry cloud blueprint (part of Infosys Cobalt) and deploy ServiceNow Operational Technology Management (OTM) to support the digitization of factories, workshops and factory operations in the manufacturing industry.

Godrei Industries: The board of directors approved a proposal to raise 7.5 billion rupees through the issuance of non-convertible bonds (NCD).

Surya Roshny: The company has received an order of Rs 41.22 crore from the Greater Noida Industrial Development Agency for the implementation of smart LED street lights and the installation of a centralized monitoring system and operation and maintenance for 7 years.

Bhansali Engineering Polymer: The company has obtained the government’s environmental permit to expand the high rubber grafting (rubber-rich ABS) plant at the company’s Satnoor plant in Chhindwara, Madhya Pradesh from 15,000 TPA to 50,000 TPA.

Meida Technology: The company’s 100% export eastern unit and 5 units located in Telangana have obtained NADCAP certification.

Vikas Life Care: The agricultural products department received the largest single export order to date, amounting to US$1 million.

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