Stocks Market To Watch: ACC, HDFC Bank, Hindustan Zinc, UPL, Wipro, Just Dial

✅ UPL Ltd. to acquire Arysta Lifescience in an all cash deal worth $4.2 billion.  

✅ Wipro guided for IT services revenues to be in range of $2,009 million to $2,049 million in the second quarter. The company will acquire U.S.-based Alight Solutions’ India operations for $117 million.   

✅ Just Dial approved buyback of 27.5 lakh shares, or 24.26 percent equity, at Rs 800 each. The buyback amount to not exceed Rs 220 crore.      

✅ Havells to merge all India-based subsidiaries with self.

✅ Hathway Cable to raise Rs 100 crore via preferential allotment of equity shares to promoter.   

✅ Muthoot Finance received primary SEBI nod for AMC business.   

✅ IMP Powers started production of Kinetic Energy Turbine in Silvassa.  

✅ Sintex Plastics clarified that change in auditors has been effected only post audit and not abruptly.  

✅Lyka Labs board accepted in-principle approval received from Dena Bank for compromise settlement of their account.      

✅ Alok Industries said that their liquidation application has been withdrawn.      

✅ Cadila Healthcare’s Zydus received final approval from the U.S. FDA for Acetylcysteine injection.  

✅ BPCL’s board approved transfer of gas business division to subsidiary Bharat Gas Resources Limited. The transaction to be completed in three-four months.  

✅ Alok Industries says liquidation application withdrawn.

✅ Corporation Bank approved raising Rs 2,555 crore via shares allotment preferentially to government.  

✅ Jubilant Foodworks says received a report from anti-profiteering body saying Jubilant didn’t pass GST benefit. 

✅ SpiceJet says Tribunal rejects Maran’s damage claim on warrants.  

Tata Motors: Said to restart talks to sell engineering unit stake.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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