Here are the top stocks that are likely to be in focus today:
Nureca: Shares of Nureca will list on the bourses today. The IPO by home healthcare and wellness products provider that ran between February 15-17 witnessed 40 times subscription.
Max Financial Services, Axis Bank: The Insurance Regulatory and Development Authority of India (IRDAI) has given its approval for the acquisition of up to 12 per cent stake in Max Life Insurance by Axis Bank and its subsidiaries Axis Capital and Axis Securities.
Affle (India): Affle Holdings Pte Ltd, a promoter of Affle (India), on Wednesday, offloaded 3 lakh shares of the company worth over Rs 161 crore through an open market transaction.
Stocks in news: Nureca, Wipro, Cadila, Affle, Piramal Enterprises, Just Dial
Stocks to watch today on February 25: Nureca, Wipro, Cadila, Affle, Piramal Enterprises, Just Dial among others are the top stocks to watch out for in Thursday s trading session
BusinessToday.In | February 25, 2021 | Updated 09:33 IST
Stocks to watch today on February 25
Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Thursday s trading session based on latest developments.
Nureca: The company s shares will be listed on exchanges today.
Max Financial Services: IRDAI has given its formal approval for the acquisition of up to 12 percent stake in Max Life Insurance Company by Axis Bank and its subsidiaries.
The market on Thursday, February 25 is expected to give a positive start as the SGX Nifty was trading 227.50 points or 1.54 percent higher at 15,033.50 at 7:15 am.
Embassy, Indiabulls Real Estate amalgamation gets key approvals
February 25, 2021
Merger process progressing to completion in a timely manner, say companies The Proposed Scheme of Amalgamation between Indiabulls Real Estate Ltd (IBREL), NAM Estates Pvt Ltd (NAM) and Embassy One Commercial Property Developments Private Limited (EOCPDPL) filed with CCI, BSE, NSE and the Securities Exchange Board of India (SEBI) has received all relevant regulatory approvals.
IBREL, NAM and EOCPDPL, in a joint release said: “Now with all necessary corporate approvals on track, the merger process is progressing to completion in a timely manner.”
NAM and EOCPDPL are subsidiaries of the Embassy Group, Embassy Group is one of the largest developers in Bengaluru and holds 14 per cent of IBREL.