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Nifty futures on the Singapore Exchange traded 96.50 points, or 0.64 per cent, higher at 15,125.50 in signs that Dalal Street was headed for a positive start on Monday. Here are a few stocks which may buzz the most in today s trade:
MTAR Tech: MTAR Technologies will make its market debut on Friday. The initial public offer (IPO), which was sold from March 3 to March 5 in the Rs 574 to Rs 575 price band, had attracted a whopping 201 times subscription. The unlisted scrip was enjoying a grey market premium of Rs 485-490 last week.
Vodafone Idea: The telecom major may look at raising its tariffs by the end of the April-June quarter, putting off its plans to raise prices immediately after market leader Reliance Jio dropped its feature phone usage costs by 25 per cent, people aware of the development said.
Titan Company on Friday announced that it has completed its exit from Montblanc India Retail Private Limited (MB India).
Consequently, MB India ceases to be an associate/ JV company of the company with effect from 12 March 2021.
Earlier in October 2020, the company had informed the exchanges regarding the ending of its joint venture with MB Services in respect of its shareholding, which was mainly driven by the Titan s consolidation strategy to focus on its primary business and proprietary brands.
Subsequently, the company exercised its put option under the joint venture agreement and accordingly its 49% holding in MB India was transferred to the purchaser on 12 March 2021.
titan: Titan completes exit from Montblanc JV - The Economic Times indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.