Your investment can be secured by keeping a close watch on every movement of shares. Here we are telling such stocks which will remain in the news today and which will be monitored by the market.
Focus on INTERGLOBE AVIATION
Have resolved the matter of corporate governance with SEBI. SEBI has been given Rs 2.10 crore as penalty. Co-founder Rakesh Gangwal had complained. CFO Aditya Pande resigned which will come into effect from 22 February. The company has appointed Jiten Chopra as the new CFO.
MSCI will be REBALENCING on 26 February. According to the report, INDUSTOW, BHARTI, HDFCLIFE and ICICI General Insurance will have the most purchases. India’s weightage may increase by 5.61 bps
Focus on CONCOR
Railway freight increased by 8.7% in January.
Focus on PHOENIX MILLS
The company’s subsidiary has bought 7.48 acres of land in Alipur. Mindstone Mall Developers has bought land for Rs 300 crore.
Focus on CENTURY PLY
Century will buy a 39.94 percent stake in Infotech. The company will buy 19.95 lakh shares of Century Infotech for 10. Expansion of MDF board plant of Hoshiarpur has been approved. MDF Board of Hoshiarpur will invest Rs 200 crore in the plant.
Focus on PETRONET LNG
Wholly-Owned Subsidiary has been approved. LNG will provide a service linked subsidiary.
On an annual basis, production increased 80 percent in January, sales grew 35 percent.
Focus on IG PETRO
Approval has been given for setting up Phthalic Anhydride plant. The company will set up an 80,000 MTPA plant in Gujarat. Phthalic Anhydride will invest Rs 600 crore on the plant.
Focus on CG CONSUMER
Amalfiaco has sold 3.8 crore shares at Rs 393. Societe Generale has bought 39 lakh shares for Rs 392.1.
Focus on NEULAND LABS
University Retirement System of Texas has bought 86 lakh shares.