Here are the top stocks that are likely to be in focus today:
Bharti Airtel: The company will acquire 20 per cent stake in its DTH arm Bharti Telemedia from an affiliate of Warburg Pincus for about Rs 3,126 crore.
Earnings Today: Ambuja Cements and four other firms are slated to announce their December quarter numbers today.
Telecom equipment makers: Shares of telecom equipment makers such as Dixon Tech, ITI will be in focus after the government announced Rs 12,000-crore PLI scheme for the telecom sector.
Dish TV India: The company s board approved raising funds of up to Rs 1,000 crore on Wednesday. The company and its promoters also settled with Sebi cases of alleged disclosure lapses after paying nearly Rs 45 lakh as settlement charges.
Read more about Market trading with small gains; breadth strong on Business Standard. Key benchmark indices are trading with small gains in early trade. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 46.24 points or 0.09% at 51,750.07. The Nifty 50 index was up 12.45 points or 0.08% at 15,221.35.
VA TECH WABAG Ltd ( WABAG ), a leading pure play water technology company, announced financial closure for its Hybrid Annuity Model (HAM) project received from Kolkata Metropolitan Development Authority (KMDA). The project debt requirement will be funded by a consortium of International Finance Corporation (IFC) and Tata Cleantech Capital Limited (TCCL) WABAG had earlier signed a Rs 575 crore HAM concession agreement under the Namami Gange programme administered by the National Mission for Clean Ganga (NMCG) which included the scope of engineering, supply and construction of new sewage treatment plants, renovation and upgradation of existing sewage treatment plants, rehabilitation of pumping stations and other associated infrastructure in Kolkata.
Wabag achieves financial closure in a Clean Ganga HAM project thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Read more about Sadbhav Infrastructure Project to raise up to Rs 700 cr via NCD issuance on Business Standard. The Investor consortium led by Allianz Global Investors and including AMP Capital, have committed to fund up to Rs. 700 crore to the company.