Stocks in news: Vodafone Idea, IGL, Bharat Forge, Hero MotoCorp and more  

Stocks in news: Vodafone Idea, IGL, Bharat Forge, Hero MotoCorp and more  

Stocks in news today: Sensex rose 110 points to 80,956, and Nifty was up 10 points at 24,467. Here's a look at stocks that are likely to remain in news today.

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Stocks in news: Vodafone Idea, IGL, Bharat Forge, Hero MotoCorp and more  Stocks in news: Vodafone Idea, IGL, Bharat Forge, Hero MotoCorp and more
Aseem Thapliyal
  • Dec 5, 2024,
  • Updated Dec 5, 2024 9:05 AM IST

Benchmark indices extended gains for the fourth consecutive session on Wednesday. Sensex rose 110 points to 80,956, and Nifty was up 10 points at 24,467. Here's a look at stocks that are likely to remain in news today. 

Vodafone Idea, Indus Towers 

Vodafone Group Plc said it plans to sell the remaining 3 percent stake in Indus Towers, or 7.92 crore shares, and use the funds for the repayment of $101 million in settling outstanding dues. 

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Dynamic Services & Security

The company has received an offer letter for a mega project from the Maharashtra government to set up a new project for the manufacturing of solar PV panels (1,800 MW) in Raigad. The company has decided on a fixed capital investment of Rs 1,080 crore for the project.

Bondada Engineering 

Bondada Engineering has won an order worth Rs 108.9 crore from Bihar Renewable Energy Development Agency.

Torrent Pharma 

Torrent Pharma has inked an agreement with Boehringer Ingelheim to acquire 3 anti-diabetes brands.

Bharat Forge 

Bharat Forge has launched a qualified institutional placement on Wednesday. The company has fixed a floor price at Rs 1,323.54 per share.

Indraprastha Gas 

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Natural gas distribution firm Indraprastha Gas (IGL) said it plans to propose a bonus share issue to its shareholders during its upcoming board meeting on December 10.

PG Electroplast 

PG Electroplast has launched a qualified institutional placement (QIP) to raise up to Rs 1,500 crore. The indicative issue price is at Rs 690-699 per share.

Technopack Polymers 

The Board of Technopack Polymers has cleared a bonus issue of shares in the ratio 1:1.

Mastek

Arun Agarwal has resigned as Global Chief Financial Officer of the company, effective December 3.

Hero MotoCorp

The two-wheeler firm has launched three variants of the V2 series of electric scooters - VIDA V2 – PRO, PLUS, and LITE, with the starting price at Rs 96,000.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

Benchmark indices extended gains for the fourth consecutive session on Wednesday. Sensex rose 110 points to 80,956, and Nifty was up 10 points at 24,467. Here's a look at stocks that are likely to remain in news today. 

Vodafone Idea, Indus Towers 

Vodafone Group Plc said it plans to sell the remaining 3 percent stake in Indus Towers, or 7.92 crore shares, and use the funds for the repayment of $101 million in settling outstanding dues. 

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Dynamic Services & Security

The company has received an offer letter for a mega project from the Maharashtra government to set up a new project for the manufacturing of solar PV panels (1,800 MW) in Raigad. The company has decided on a fixed capital investment of Rs 1,080 crore for the project.

Bondada Engineering 

Bondada Engineering has won an order worth Rs 108.9 crore from Bihar Renewable Energy Development Agency.

Torrent Pharma 

Torrent Pharma has inked an agreement with Boehringer Ingelheim to acquire 3 anti-diabetes brands.

Bharat Forge 

Bharat Forge has launched a qualified institutional placement on Wednesday. The company has fixed a floor price at Rs 1,323.54 per share.

Indraprastha Gas 

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Natural gas distribution firm Indraprastha Gas (IGL) said it plans to propose a bonus share issue to its shareholders during its upcoming board meeting on December 10.

PG Electroplast 

PG Electroplast has launched a qualified institutional placement (QIP) to raise up to Rs 1,500 crore. The indicative issue price is at Rs 690-699 per share.

Technopack Polymers 

The Board of Technopack Polymers has cleared a bonus issue of shares in the ratio 1:1.

Mastek

Arun Agarwal has resigned as Global Chief Financial Officer of the company, effective December 3.

Hero MotoCorp

The two-wheeler firm has launched three variants of the V2 series of electric scooters - VIDA V2 – PRO, PLUS, and LITE, with the starting price at Rs 96,000.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

ABOUT THE AUTHOR

Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

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