Top 10 stocks to watch today Adani Enterprises: Billionaire G | ACEink Official
Top 10 stocks to watch today
Adani Enterprises: Billionaire Gautam Adani's AMG Media Networks has acquired about a 49% stake in Raghav Bahl-curated digital business news platform Quintillion Business Media Pvt Ltd for about ₹48 crore. In a stock exchange filing, Adani Enterprises Ltd said its subsidiary AMG Media Networks Ltd has completed the acquisition which was originally announced in May last year.
HDFC: The board of directors of NBFC giant HDFC on Monday approved the issuance of non-convertible debentures worth ₹57,000 crore on a private placement basis. Also, the board gave a go-ahead on increasing the company's overall borrowing powers to ₹6.50 lakh crore.
Adani Green Energy: Leading bourses NSE and BSE have said that Adani Green Energy will be put under the second stage of the long-term additional surveillance measure (ASM) framework from Tuesday. In two separate circulars, the bourses said Adani Green Energy shall continue in the ASM framework but will be moved to the respective higher stage from March 28.
L&T: Larsen and Toubro (L&T) on Monday said its power transmission and distribution business has secured new orders in the domestic and overseas markets. "L&T Construction wins large orders for its power transmission & distribution business," L&T said in a statement.
Nestle India: Nestle India has announced an equity dividend of 1000.00% at a face value of ₹10 or ₹100 per share for the quarter ending December 2022 or Q3FY23. This generates a dividend yield at the current share price of ₹18,863.90 of 0.53%. The company has a solid track record of dividend declarations during the past five years.
Trident: Leading textile fabric manufacturer, Trident witnessed a sharp selloff on Monday due to large deals on NSE. Trident Limited Employees Welfare Trust has offloaded a whopping more than 1.23 crore equity shares in Trident through a block deal, aggregating to around ₹31.89 crore.
NDTV: Adani group-owned NDTV Ltd on Monday said it has appointed former Sebi Chairman Upendra Kumar Sinha and Welspun India Ltd CEO and MD Dipali Goenka as Independent Directors. The Board has approved the appointment of Sinha and Goenka with immediate effect, said a regulatory filing by the news broadcaster.
Aditya Birla Capital: Aditya Birla Capital Limited (ABCL), a company under the Aditya Birla Group, announced on Monday the sale of its entire stake in Aditya Birla Insurance Brokers Limited (ABIBL), which is a non-material subsidiary of the company. In an exchange filing, the company said, the sale involves the transfer of all 25.65 lakh shares of Rs. 10/- each.
Emami: On March 24, Emami Ltd's board of directors authorised a proposal to buy back shares for up to ₹186 crore. The company informed the stock exchanges on March 24 that the board had approved the buyback proposal of 41.3 lakh equity shares with a face value of ₹1 each at a maximum price of ₹450 per share.
Schaeffler India: The company plans to invest ₹1,500 crore in capacity growth over the next three years, including the construction of a new facility at Hosur at a cost of ₹300 crore. Commenting on the Capex strategy of Schaeffler, Abhishek Gaoshinde, Deputy Vice President - Research, Sharekhan by BNP Paribas said “While Schaeffler has been a leading player in the domestic bearing segment.
