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Thursday, June 13, 2024

Tata Tech, Gandhar Oil, Airtel, UltraTech, Zomato, ZEE, and Other Stocks to Monitor


<p>GIFT The Nifty on the NSE IX was up 33 points, or 0.16 percent, at 20,142 on Thursday, indicating that Dalal Street was off to a good start. These are a number of equities that will be watched closely today for different reasons.</p>
<p>Tata Technologies: With an anticipated rise of more than 70%, this Tata Group company, trading at the Grey Market Premium (GMP), is poised for a spectacular market debut. Following an incredible reaction to its first public offering (IPO) and a record number of applications, the business offered shares at a price of Rs 500 apiece.<img decoding=”async” class=”alignnone wp-image-293414″ src=”https://www.theindiaprint.com/wp-content/uploads/2023/11/theindiaprint.com-why-is-china-experiencing-such-a-severe-case-of-child-pneumonia-and-may-it-spread-.jpg” alt=”theindiaprint.com why is china experiencing such a severe case of child pneumonia and may it spread” width=”1409″ height=”817″ title=”Tata Tech, Gandhar Oil, Airtel, UltraTech, Zomato, ZEE, and Other Stocks to Monitor 3″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2023/11/theindiaprint.com-why-is-china-experiencing-such-a-severe-case-of-child-pneumonia-and-may-it-spread-.jpg 295w, https://www.theindiaprint.com/wp-content/uploads/2023/11/theindiaprint.com-why-is-china-experiencing-such-a-severe-case-of-child-pneumonia-and-may-it-spread–150×87.jpg 150w” sizes=”(max-width: 1409px) 100vw, 1409px” /></p>
<p>Fedbank Financial Services and Gandhar Oil Refinery: These two equities will also make their market debut on Thursday. According to GMP, the former is also anticipated to list at a solid premium of around 35%, but the latter may have a subdued launch.</p>
<p>Bharti Airtel: Bharti Telecom, the holding company of Airtel, which is controlled by Sunil Mittal, intends to raise up to Rs 8,000 crore via the largest rupee bond sale to date.</p>
<p>For Rs 169.79 crore, UltraTech Cement purchased Burnpur Cement’s cement grinding assets in Jharkhand.</p>
<p>IDBI Bank: A new RFP for the recruitment of an asset valuer for the strategically important IDBI Bank was released by the government on Wednesday. January 5 is the deadline for asset valuers to submit bids.</p>
<p>Metro Brands, Nykaa: In order to promote the former’s goods in India, US-based Foot Locker has agreed into a long-term license arrangement with Metro Brands and FSN E-Commerce Ventures, Nykaa Fashion’s parent business.</p>
<p>Bank of Baroda (BoB): This Thursday’s first tranche of Infrastructure Bonds, which mature in ten years, aims to generate up to Rs 5,000 crore. The bonds are rated “AAA” by CRISIL and India Ratings, with a “Stable” outlook.</p>
<p>Zomato: On Wednesday, China’s Alipay sold all of its shares in the meal delivery startup for around Rs 3336 crore via block sales.</p>
<p>ICICI Securities: The BSE and the National Stock Exchange have sent “no objection” letters to ICICI Bank on the delisting of ICICI Securities shares.</p>
<p>Thomas Cook: Fairbridge Capital (Mauritius) Ltd., the business’s promoter, has suggested selling up to an 8.5% share in Thomas Cook Ltd. via an offer for sale, the company said on Wednesday.</p>
<p>ZEE: Zee Entertainment deemed the article on the failure of their merger with Sony to be factually inaccurate.</p>


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