Stocks in Focus Today : Today i.e. on 26 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 Adani Green Energy, Reliance Power, Bharti Airtel, Infosys, Coromandel International, Vedanta, SpiceJet, IDFC First Bank, SML Isuzu, Gillette India, Garware Hi-Tech Films, HUDCO, Easy Fincorp, Greenlam Industries, Easy Trip Planners, ASK Automotive.
Adani Green Energy
Promoter entities Hibiscus Trade & Investment and Ardor Investment Holding have bought 2.96 per cent stake in the company. Hibiscus bought 2.01 crore equity shares (1.27% stake) between July 30 and September 18, 2024, while Ardor bought 2.67 crore shares (1.69% stake) between September 19 and September 23, 2024.
Reliance Power
Reliance Power’s subsidiary Rosa Power has made an early payment of Rs 850 crore of debt to Singapore-based lender Varde Partners. After Reliance Power’s achievement of zero debt, Rosa Power is now on its way to becoming debt free. The company aims to settle its remaining debt in the next quarter, and complete the process before the end of the current financial year.
Airtel
Bharti Airtel is fully preparing to implement AI based technology on its network to curb fake calls and messages. The company’s Managing Director and CEO Gopal Vittal said that this technology will be launched from midnight of 26 September, which will alert users about possible fake (spam) calls and messages.
Infosys
The IT services company has announced a strategic collaboration with Swedish electric performance car brand Polestar. The partnership will focus on Polestar’s in-car infotainment development, software and electronics engineering, user experience and cloud-powered digital services.
Coromandel International
The company has acquired an additional 8.82 per cent stake in Senegal-based rock phosphate mining company Baobab Mining and Chemicals Corporation (BMCC), taking its total stake to 53.8 per cent. It will invest $3.84 million (Rs 32 crore) in BMCC, in addition to a $6.5 million (Rs 54 crore) loan to fund expansion projects and meet working capital requirements.
Vedantha
The Board of Directors of the company will meet on October 8 to consider the fourth interim dividend on equity shares for FY 2015. The record date for determining shareholder eligibility for dividend has been fixed as October 16.
