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Stocks in news: Mrs Bectors Food, Airtel, RIL, HDFC, Tata Communications, Aurobindo Pharma

Stocks in news: Mrs Bectors Food, Airtel, RIL, HDFC, Tata Communications, Aurobindo Pharma
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Tata Communications stock hits all-time high after firm buys majority stake in French firm Oasis Smart SIM

Tata Communications stock hits all-time high after firm buys majority stake in French firm Oasis Smart SIM Tata Communications share gained 9.3% to Rs 1,144.95, a fresh all-time high, against previous close of Rs 1048.35 on BSE BusinessToday.In | December 24, 2020 | Updated 12:38 IST Tata Communications share has risen 13.26% in last three days. The stock opened with a gain of 2.54% at Rs 1,090 today Share of Tata Communications rose over 9% in early trade today after the firm acquired majority stake in French firm Oasis Smart SIM. Tata Communications share gained 9.3% to Rs 1,144.95, a fresh all-time high, against previous close of Rs 1048.35 on BSE. Market cap of the firm rose to Rs 30,933 crore.

Mrs Bectors, ACC, Tata Communications in focus

Shares of Mrs Bectors Food Specialities will debut on the bourses today, 24 December 2020. The final issue price has been fixed at Rs 288 per share. ACC has approved the renewal of the existing Technology and Know-How Agreement ( TKH Agreement ) with Holcim Technology ( HTL ) under which the Company pays TKH fees @1% of net sales each year, to HTL, for a period of 2 years with effect from 1 January 2021, i.e., on the same terms of the existing TKH Agreement. Tata Communications has acquired majority equity stake of 58.1% in Oasis Smart SIM Europe SAS (Oasis), a France-headquartered embedded-SIM (eSIM) technology provider. Oasis develops and provides advanced technologies and personalised services to enable the deployment of eSIM and SIM technologies.

Sensex, Nifty advance in early trade

Read more about Sensex, Nifty advance in early trade on Business Standard. Key indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 342.46 points or 0.74% at 46,786.64. The Nifty 50 index was up 95.05 points or 0.7% at 13,696.15.

Stocks to watch: Mrs Bectors, Airtel, Vedanta, HDFC, Orient Bell, Dish TV

SGX Nifty Futures hinted at a possible gap-up start for the Indian equity indices on Thursday. Here are the top stocks to track in today s session: Mrs Bectors: Mrs Bectors Food shares will debut at the stock bourses today. The IPO with 198 times bid is the most subscribed issue of CY 2020. DTH service providers: The stocks of DTH service providers such as Dish TV, Hathaway Cables, Den Networks will be in focus today after the Union Cabinet approved changes to the guidelines for providing Direct to Home (DTH) services to bring it in line with the existing policy that allows 100 per cent FDI in the DTH broadcasting services sector. It also said that licences will now be issued for 20 years with a renewal provision after every 10 years.

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