The Economic Times daily newspaper is available online now.

    Stocks in the news: RIL, Maruti Suzuki, BHEL, Adani Green and Hindalco

    Synopsis

    Japanese auto major Suzuki Motor Corporation (SMC) has increased its stake in Indian subsidiary Maruti Suzuki to 56.37%.

    stocks23Getty Images
    BHEL, Adani Green, BGR Energy and Eros International are companies are scheduled to announce their June quarter earnings on Friday.
    Nifty futures on the Singapore Exchange traded 32.50 points, or 0.28 per cent lower at 11,428, in signs that Dalal Street was headed for a negative start on Friday. Here's are a few stocks which may buzz the most in today's trade"

    Reliance Industries: Oil-to-retail conglomerate Reliance Industries (RIL) said it cannot confirm or deny any transaction which may or may not be in the works. The comments are in light of recent media reports that Reliance Retail may see a Jio-like stake sale, after the recent deal with Silver Lake Partners.

    Maruti Suzuki: Japanese auto major Suzuki Motor Corporation (SMC) has increased its stake in Indian subsidiary Maruti Suzuki to 56.37 per cent by purchasing shares from the market.

    YES Bank: YES Bank has fully repaid the Rs 50,000 crore provided by RBI as a special liquidity facility (SLF) amid the crisis faced by the lender earlier this year, its Chairman Sunil Mehta said on Thursday.

    Hindalco: Hindalco’s upstream plants are operating at near full capacity with all logistics infrastructure coming back on track, said Kumar Mangalam Birla, chairman of the Aditya Birla Group.

    BHEL, Adani Green: Bharat Heavy Electricals, Adani Green Energy, BGR Energy Systems and Eros International Media are among companies that are scheduled to announce their June quarter earnings on Friday.

    Religare Enterprises: Religare Enterprises has begun talks with a local investor for divesting a majority holding in Religare Finvest, its wholly owned lending subsidiary. This is part of a fresh Rs 4,600 crore debt restructuring plan the group is working on.

    Indiabulls Housing Finance: Indiabulls Housing Finance is raising about Rs 2,200 crore through a share sale and divestment of ownership held in the UK’s OakNorth Bank.

    Titagarh Wagons: Titagarh Wagons has signed a power purchase agreement with Hyderabad-based Fourth Partner Energy to procure 4.8 MW of solar power for its wagon and steel foundries at Titagarh in West Bengal as well as its passenger coach and propulsion unit at Uttarpara (West Bengal).

    Indian Energy Exchange (IEX): Dalmia Cement (Bharat) bought 5,149,844 shares of IEX at Rs 190.10 per share, while DCB Power Ventures sold 5,500,000 shares of the company at Rs 190.11 per share.

    Future Supply Chain Solutions: Edelweiss Crossover Opportunities Fund sold 10,02,385 shares of Future Supply Chain Solutions at Rs 116.65 per share. The fund held 4.25 per cent stake in the company at the end of June. On Tuesday, the fund had offloaded 4,21,609 shares in the company.

    Max India: Doric Asia Pacific Small Cap Mauritius sold 4,62,265 shares of recently-listed Max India at Rs. 49.80 per share, while Vijit Asset Management lapped up 9,00,000 shares of the company at Rs 48.05 per share.

    Videocon: A UK-based family office has made an offer of Rs. 2200 crore to Videocon’s lenders for a takeover of the company as a going concern, according to people aware of the matter.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in