Stocks in the news: HDFC AMC, Vedanta, Siemens, Vodafone Idea, J&K Bank and Bikaji

Nifty futures on the Singapore Exchange traded 28.5 points, or 0.15 per cent lower at 18,724, signaling that Dalal Street was headed for a negative start on Wednesday. Here are a dozen stocks which may buzz the most in today's trade:

HDFC Asset Management Company: UK-headquartered investment firm and promoter abrdn Investment Management plans to sell its entire 10.21% stake in the mutual fund player on Wednesday via block deal and will cease to be a co-sponsor of the company.

Vedanta: The Anil Agarwal led mining major said it is considering raising up to Rs 500 crore through debentures. Oil-to-metals conglomerate will raise the amount in one or more tranches.

Siemens: The engineering firm has emerged as the lowest bidder for a project for manufacturing 1,200 electric locomotive of 9000 HP (horse power) worth over Rs 20,000 crore at Dahod in Gujarat. Indian Railways had floated the tender for manufacturing and maintenance of 9,000 HP electric locomotives at Dahod in April this year.

Vodafone Idea: The debt-ridden telecom player's proposal to issue Rs 1,600-crore debentures to mobile tower vendor ATC Telecom Infrastructure has lapsed in absence of any response from the government on the conversion of interest dues into equity.

Bikaji Foods International: The ethnic snacks company has reported a 43.5 per cent year-on-year growth in consolidated profit after tax of Rs 40.92 crore. Revenue for the quarter grew by 32 per cent to Rs 577 crore compared to the year-ago period.

Jammu & Kashmir Bank: The state run lender announced its partnership with Maruti Suzuki India to ease car loan facilitation for its customers via the auto major's smart finance digital platform. Since its inception in 2020, Maruti Suzuki Smart Finance has disbursed more than Rs 39,000 crore worth of loans.

Craftsman Automation: Private equity firm Marina III Singapore divested its entire 5.48 per cent stake or 11,56,808 shares at an average price of Rs 3,200 in the engineering company for Rs 370 crore through an open market transaction, according to the bulk deal data available with the BSE.

IDBI Bank: The private lender would continue its primary dealer business even if a foreign bank acquires majority stake and management control in the private sector bank. As part of the primary dealer activity, IDBI Bank is involved in market making activities in respect of G-Secs, including T-bills.

Gravita India: The recycling company has announced that Gravita Togo SAU a step down subsidiary of the company situated in Togo, West Africa has started commercial production of aluminium cast- alloys from a new recycling plant having an annual capacity of around 4,000 MTPA in phase 1.

Ircon International: The railway company has received an order for signalling and telecommunication system from Sri Lanka Railways. The order worth Rs 122 crore is under the Indian line of credit.

Dish TV: The direct-to-Home operator announced the appointment of three new independent directors to the board of the company, which is the first major appointment after the departure of its former promoter-backed chairman Jawahar Lal Goel. The company will convene its AGM on December 29.

Ugro Capital: The non-banking financial company said its board will meet on December 9 to consider raising funds via the issuance of market-linked non-convertible debentures on a private placement basis.

Dynacons Systems and Solutions: The IT company has received a Rs 116 crore private cloud solution order from Union Bank of India. The order covers supply, installation, and maintenance for hyper-converged infrastructure and software solution for the bank.