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Shares to look at on Tuesday, February 20: At round 8:46 am, Present Nifty traded destructive 0.46 per cent decrease at 22,139, indicating a weak opening for the market. The inventory market closed increased for the fifth consecutive day on Monday with the benchmark Sensex rising 281 factors and Nifty scaling its contemporary lifetime excessive, pushed by positive aspects in monetary and FMCG shares. The 30-share BSE Sensex rose by 281.52 factors, or 0.39 per cent, to shut at 72,708.16. As many as 17 Sensex shares superior, whereas 13 closed within the crimson.
The broader Nifty closed at its all-time excessive of twenty-two,122.25 factors, up by 81.55 factors, or 0.37 per cent from the final shut.
Listed below are some shares that shall be within the highlight on Tuesday, February 20:
Outcomes on February 20: ABB India will announce its October to December quarter numbers.
Tasty Chunk Eatable: The corporate’s Chief Monetary Officer (CFO) resigned from his publish.
NBCC (India): The order acquired a number of orders round price Rs 369.05 crore.
Birla Precision Applied sciences: The corporate’s board accepted elevating funds by issuing and allotting as much as 7,16,500 fairness shares on a preferential foundation. Additional, it additionally accepted elevating funds by issuing and allotting as much as Rs 34,50,000 totally convertible warrants into fairness shares.
The board additionally accepted an Interim Dividend on the charge of Rs. 0.05. The file date is fastened at February 29.
63 Moons Applied sciences: The corporate’s subsidiary, Ticker Restricted, has raised Rs 3.24 crore by the non-public placement of 27 lakh fairness shares at Rs 12 per share.
The shareholding of 63 Moons Applied sciences in Ticker Restricted stands at 75.25 per cent.
Knowledge Patterns (India): Overseas investor Florintree Capital Companions LLP bought 10.71 per cent fairness within the firm through the open market.
Astra Microwave Merchandise: The corporate’s subsidiary, ‘Astra Area Applied sciences, was integrated on February 17, 2024.
HDFC Financial institution: Within the traders’ meet, the financial institution mentioned its earnings shall be higher going ahead. Moreover, the financial institution shall be extra focussed on EPS progress as towards mortgage progress.
Whirlpool India: Promoter within the firm Whirlpool Mauritius will promote stake price Rs 3735 crore through a block deal within the firm. Ground worth for the deal is pegged at Rs 1230 per share.
Godrej Shopper Merchandise:The corporate has inked an settlement to promote its complete stake within the subsidiary- Godrej East Africa Holdings, Mauritius. The transfer will allow margin growth to the tune of 200 bps for its enterprise in Africal, USA and the Center East.
Deepak Fertilisers: The corporate has inked a pact to produce LNG to Equinor ASA, Norway.
NBCC: The corporate has bagged 3 orders estimated to be price Rs 369 crore.
CIE Automotive: The corporate for Q3 posted a revenue of Rs 169 crore versus lack of Rs 658 crore. Margins on the agency additionally inched increased to 14.6 %.
Minda Corp: Bela Agarwal has bought its complete stake valued at Rs 1.08 crore at Rs 403 per share. Moreover, many funds have purchased within the deal together with Motilal Oswal and Kotal Mutual Fund.
Sula Winery: Within the brewery agency, investor Verlinvest Asis bought 8.34 per cent stake within the firm
(With inputs from companies.)
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