Ten stocks in focus in Tuesday morning trade, Join wellworthresearch for more Nifty Option Trading Strategies & Indian Stock Market Tips.
Infosys Ltd: Software services giant InfosysBSE 0.93 % will expand its operations in Ireland, doubling the number of staff in the country to 500 in three years and setting up its first product-centric research and development centre outside India.
GMR Infrastructure Ltd: Indian infrastructure company GMR Group plans to raise at least $1 billion over the next two years to cut debt, repay investors in its airports business and prepare for a new phase of growth, its chief financial officer said on Monday.
ONGC Ltd: ONGCBSE -1.52 % Videsh Ltd-led consortium is close to winning $5 billion rights to develop Iran's Farzad-B gas field and convert the gas produced from it into LNG for shipping to countries like India.
TCS Ltd: IDFC Bank has inked a pact with IT services major Tata Consultancy ServicesBSE 0.30 % to use TCSBSE 0.30 % BaNCS for its core banking solutions.
Jamna Auto Industries Ltd: Private equity firm Clearwater Capital Partners divested 16.5 per cent stake in auto component maker Jamna Auto IndustriesBSE 2.59 % for about Rs 77 crore through open market transactions.
ITC Ltd: Diversified conglomerate ITCBSE 0.62 % has acquired an 87.06 per cent equity share capital of group firm Classic Infrastructure & Development Ltd for Rs 11.38 crore.
Amtek Auto Ltd: Investors in JP Morgan Mutual Fund's debt schemes, which invested in bonds of troubled auto components maker Amtek AutoBSE 9.04 %, will now be able to redeem their holdings. But, they will not get back their entire investments; it would be 85% of the value of the segregated scheme, which held the Amtek bonds.
Infosys Ltd: Software services giant InfosysBSE 0.93 % will expand its operations in Ireland, doubling the number of staff in the country to 500 in three years and setting up its first product-centric research and development centre outside India.
GMR Infrastructure Ltd: Indian infrastructure company GMR Group plans to raise at least $1 billion over the next two years to cut debt, repay investors in its airports business and prepare for a new phase of growth, its chief financial officer said on Monday.
ONGC Ltd: ONGCBSE -1.52 % Videsh Ltd-led consortium is close to winning $5 billion rights to develop Iran's Farzad-B gas field and convert the gas produced from it into LNG for shipping to countries like India.
TCS Ltd: IDFC Bank has inked a pact with IT services major Tata Consultancy ServicesBSE 0.30 % to use TCSBSE 0.30 % BaNCS for its core banking solutions.
Jamna Auto Industries Ltd: Private equity firm Clearwater Capital Partners divested 16.5 per cent stake in auto component maker Jamna Auto IndustriesBSE 2.59 % for about Rs 77 crore through open market transactions.
ITC Ltd: Diversified conglomerate ITCBSE 0.62 % has acquired an 87.06 per cent equity share capital of group firm Classic Infrastructure & Development Ltd for Rs 11.38 crore.
Amtek Auto Ltd: Investors in JP Morgan Mutual Fund's debt schemes, which invested in bonds of troubled auto components maker Amtek AutoBSE 9.04 %, will now be able to redeem their holdings. But, they will not get back their entire investments; it would be 85% of the value of the segregated scheme, which held the Amtek bonds.
Essar Oil Ltd: India's second biggest private refiner, has finally announced its delisting offer at a floor price of Rs 146.05 - a 45% discount to market price of Rs 212.
Ashok Leyland Ltd: The company has now decided to write off nearly Rs 382 crore in the two ventures, and is evaluating whether to continue with the partnerships or not.
3I Infotech Ltd: The 3I InfotechBSE 10.44 % board on Monday approved a realignment scheme with its creditors. The proposal includes waiver of interest up to March 31, 2016, conversion of about 35 per cent of the principal component of the debt to non-convertible, redeemable, preference shares and 40 per cent into equity shares at face value Rs 10 eac, said a media report.
Ashok Leyland Ltd: The company has now decided to write off nearly Rs 382 crore in the two ventures, and is evaluating whether to continue with the partnerships or not.
3I Infotech Ltd: The 3I InfotechBSE 10.44 % board on Monday approved a realignment scheme with its creditors. The proposal includes waiver of interest up to March 31, 2016, conversion of about 35 per cent of the principal component of the debt to non-convertible, redeemable, preference shares and 40 per cent into equity shares at face value Rs 10 eac, said a media report.
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