Thursday, January 16, 2025

Stocks in news: Reliance Infra, VST Industries, IDFC First Bank, NTPC, Vodafone Idea

Friday, September 20, 2024, 1:44
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Domestic markets ended almost unchanged in a volatile expiry session, continuing the recent trend. In today’s trade, shares of Reliance Infra, VST Industries, IDFC First Bank, NTPC, Vodafone Idea among others will be in focus due to various news developments.Reliance InfraThe Board of Reliance Infrastructure approved raising of Rs 3,014 crore by preferential issue of up to 12.56 crore shares and convertible warrants at a price of Rs 240 apiece.NTPCThe Board of NTPC approved an investment of Rs 9,701 crore in Sipat Super Thermal Power Project, Stage-III (1×800 MW).SBISBI has subscribed the $50 million government Treasury Bills issued by Maldives Government for one more year.IDFC First BankThe RBI approved re-appointment of V Vaidyanathan as MD and CEO of IDFC First Bank for 3 years with effect from December 2024 to December 2027.VST IndustriesRadhakishan Damani has sold another 1 lakh shares in VST Industries at an average price of Rs 439.05 per share.IIFL FinanceThe Reserve Bank lifted restrictions imposed on the gold loan business of the company and allowed it to resume sanctioning, disbursal, assignment, securitization, and sale of gold loans.InfosysInfosys to invest Rs 17 crore in spacetech startup for earth observation, GalaxEye Space Solutions.Vodafone IdeaVodafone Idea will be in focus on Friday as the stock saw a significant fall of 19% on Thursday following Supreme Court rejection of pleas seeking correction of alleged errors in the adjusted gross revenue.AU Small Finance BankAU Small Finance Bank said it has joined hands with Niva Bupa Health Insurance Company to prioritise the health of its one crore-plus customers.

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