Stocks in Focus Today : Today i.e. on 9th September 2024, some stocks (stocks in news) are ready to show action. Due to positive triggers, these stocks can remain in focus in the market today (stocks to watch). If you are looking for better stocks in intraday, then you can keep an eye on these (Stocks in Focus). Today’s list includes stocks like Suzlon Energy, Nazara Tech, Granules India, Zydus Lifesciences, Shriram Finance, Adani Enterprises, Signature Global, Metro Brands, RBM Infracon, Tata Power, Mazagon Dock, Bajaj Finserv.
Suzlon Energy
The company completed the acquisition of 51 percent equity share capital of Renom. After this Renom has now become a subsidiary of the company.
Nazara Technologies
The company has acquired 48.42 percent stake in Paperboat for Rs 300 crore. The company has paid Rs 225 crore as the first installment.
Metro Brands
Five promoters of Metro Brands Limited have sold 2.19 per cent stake in the company for Rs 749 crore through open market transactions. Kotak Mahindra MF and Citigroup Global Markets Mauritius bought stake in Metro Brands. According to data available about the bulk deal on NSE, Alisha Rafiq Malik, Farah Malik Bhanji, Sabina Malik Hadi, Zarah Rafiq Malik and Zia Malik Lalji sold a total of 59.50 lakh shares (2.19 per cent) in Metro Brands.
Zydus Lifesciences
The drug manufacturer has been issued a GST demand order of Rs 16.76 crore by the Central Goods and Services Tax, Goa Commissionerate. This demand has been raised in relation to the alleged availment of ineligible ITC without proof of actual receipt of services from the financial year 2017-18 to 2019-20. The company said that it intends to challenge the order by filing an appeal against the said order. The company said, there is no material impact on financial or other operations.
Adani Enterprises
Adani Group has formed a subsidiary company in China to provide supply chain solutions and project management services. The group gave this information to the stock market. Adani Enterprises, the flagship company of the group, said that a subsidiary of its Singapore-based subsidiary has formed Adani Energy Resources (Shanghai) Company (AERCL), a wholly-owned subsidiary based in Shanghai, China, on September 2, 2024.
Signature Global
Signature Global has given a construction order worth Rs 1144 crore to Ahluwalia Contracts. The company has given this order for the development of a luxury residential project in Gurugram, Haryana. The project ‘D-Lux DXP’ is located at Dwarka Expressway, Sector 37D in Gurugram. Spread over 16.65 acres, this residential project will have 1008 flats. The total developable area in it is 28.12 lakh square feet.
