Here are the top stocks that are likely to be in focus today:
Adani Ports: The company said it has completed the acquisition of Dighi Port for Rs 705 crore and would invest over Rs 10,000 crore in developing it as an alternate gateway to JNPT.
L&T Finance Holdings: The company, last evening, informed exchanged that it has closed its rights issue and raised over Rs 2,998 crore. The rights issue was oversubscribed by approximately 15 per cent, it said in a release.
Nestle India: The company s profit after tax rose 0.2 per cent year-on-year to Rs 483.3 crore from Rs 472.6 crore in the corresponding quarter previous year.
Nestle India reported 2.26% rise in standalone net profit to Rs 483.31 crore on 9.16% rise in net sales to Rs 3,417.52 crore in Q4 December 2020 over Q4 December 2019. Nestle India said the board of directors recommended final dividend for the year 2020 of Rs 65.
Infosys McCamish Systems, a US-based subsidiary of Infosys BPM, the Business Process Management arm of Infosys, announced the strategic purchase of a state-of-the-art New Business and Underwriting platform from STEP Solutions Group LLC to ease the complexity of all types of insurance products such as Life, Annuity, and Health, for individuals and groups across North America.
Adani Ports and Special Economic Zone (APSEZ) completed the acquisition of 100% stake of Dighi Port (DPL) for Rs 705 crore on 15 February 2021. APSEZ plans to invest over INR 10,000 Cr to develop the port into a multi-cargo port with world class infrastructure as well as investing in the development of rail & road evacuation infrastructure for seamle
Read more about ICICI Bank to investment Rs 1.1 cr in Thillais Analytical Solutions on Business Standard. Thillais Analytical Solutions is a fintech startup which operates a neo-banking platform Vanghee which facilitates connectedbanking solutions for corporates and MSMEs and helps banks deepen their customer relationships.
Read more about ICICI Bank to invest Rs 1.1 cr in Thillais Analytical Solutions on Business Standard. Thillais Analytical Solutions is a fintech startup which operates a neo-banking platform Vanghee which facilitates connectedbanking solutions for corporates and MSMEs and helps banks deepen their customer relationships.
ICICI Bank on Tuesday said it has entered into an agreement with fintech startup Thillais Analytical Solutions Pvt Ltd to buy 9.65 per cent stake in the company. Thillais Analytical Solutions operates a neo-banking platform Vanghee, which facilitates connected banking solutions for corporates and MSMEs, and helps banks deepen their customer relationships. The deal agreed for a cash consideration of Rs 1.1 crore (Rs 11 million) is expected to be closed by the end of March 2021, ICICI Bank said in a regulatory filing. Post the investment, ICICI Bank will hold 9.65 per cent shareholding, on a fully diluted basis, in Thillais Analytical Solutions through an acquisition of 10 equity shares and 100 CCPS (Compulsory Convertible Preference Shares).