Nifty traded 103.50 points or 0.59 %, 17656.50 higher.
Stocks in news today are ZEE, Jubilant Ingrevia, Bharti Airtel, IDFC, and Adani Ports.
- ZEE Entertainment – the merger of SPNI that is Sony Picture Network India with ZEE Entertainment will result in getting a 2 % additional stake to the former promoters as a non-compete part of the agreement.
- Jubilant Ingrevia – the firm stated that its subsidiary named Jubilant Life Science International Pte attempted to divest its stake of 10 % in Safe Food Corporation for around 18.2 million dollars or 132.4 crore rupee consideration.
- Bharti Airtel – Bharti Airtel Telecom Operator’s issued rights of Rs 21000 crore will take place on October 5 as per the regulatory filing.
- IDFC – IDFC Shareholders rejected former CAG Vinod Rai’s re-appointment as the company’s non-executive chairman. The votes were taken at the 24th ABM of the firm on Wednesday for Vinod Rai’s re-appointment as a non-executive non-independent director for up to 22 May 2023.
- Adani Ports – Adani Group Organization has made a conclusion that there will be an acquisition of 10.4 % remaining stake from the Government of Andhra Pradesh in Gangavaram Port for Rs 645 crore.
Looking for professional stock market advisory services instead of social media tips? Visit ABJ Finstocks to learn about our research process, investment philosophy, and services offered by our SEBI Registered Research Analyst
