Stocks to keep an eye on include Coal India, Vedanta, Paytm, HCL Tech, and HUL

stock market trading graph

Here is a brief overview of the stocks that are probably going to be the focus of today’s trading.

Here is a brief overview of the stocks that are probably going to be the focus of today’s trading.

HCL Tech, Tata Communications, Waaree Engeries

As the companies prepare to release their quarterly earnings on Tuesday, shares of HCL Tech, Waaree Energies, and Tata Communications are anticipated to be in the spotlight.

Hindustan Unilever

FMCG giant Hindustan Unilever (HUL) has finalized the acquisition of a 90.5% stake in Uprising Science for 2,706 crore.

Tata Power

Tata Power Renewable Energy, a subsidiary of Tata Power, has entered into a power purchase agreement (PPA) with Tata Motors to develop a 131 MW wind-solar hybrid project.

Vedanta

A group of lenders and promoter entity Twin Star Holdings (the borrower) have signed a $530 million facility agreement. Welter Trading and Vedanta Resources are serving as the agreement’s guarantors. The money raised through this agreement will be used to support the borrower’s general business needs, pay transaction-related costs specified in the finance documents, and settle the VRL Group’s financial obligations. As a related party and member of Vedanta’s promoter group, Twin Star Holdings owns 40.02% of the company.

One97 Communications (Paytm)

The company’s subsidiary Paytm Money has updated its brokerage structure and offered new competitive interest rates for its newly launched Pay Later (Margin Trading Facility, or MTF) service. The goal of the program is to lower the cost of investing for both high-value and retail investors.

Coal India

Coal India and Damodar Valley Corporation have signed a Memorandum of Understanding (MoU) for the construction of two 800 MW Ultra Supercritical Power Plants in Jharkhand.

Mazagon Dock Shipbuilders

With effect from April 21 and until his retirement on September 30, 2029, Capt. (IN Retd) Jagmohan has been named Chairman and Managing Director of the company’s Board. As a result, with effect from April 21, Biju George, Director (Shipbuilding), also resigned his additional duties as Chairman and Managing Director.

 Nureca

The Punjab government has officially given Nureca permission to open a new manufacturing plant in Sundra, Punjab. Equipment for health and wellness will be produced at the facility.

Brigade Enterprises

The company has entered into a Joint Development Agreement for a plotted development project in Malur, East Bengaluru, covering about 20 acres. The project has a gross development value of approximately 175 crore, with a total development potential of 0.45 million square feet.

Gandhar Oil Refinery

In order to assist with the construction of a terminal at Vadhvan Port for the handling of containers, bulk, and liquid cargo as well as the development of supporting infrastructure, the company and the Jawaharlal Nehru Port Authority (JNPA) have signed a non-binding Memorandum of Understanding (MoU). The project is expected to start operations in 2030 and require an investment of about ₹1,000 crore.

 

Disclaimer: The sole purpose of this story is education. The opinions and suggestions expressed above are not those of Times of Dalal Street, but rather those of individual analysts or broking firms. Before making any investment decisions, we encourage investors to consult with qualified professionals.

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