Stocks in the news: BPCL, Tata Motors, Cadila Healthcare, Max Financial & Godrej Properties

Nifty futures on the Singapore Exchange traded 73.50 points, or 0.49 per cent, higher at 15,055.50 in signs that Dalal Street was headed for a positive start on Tuesday. Here are a few stocks which may buzz the most in today's trade:

BPCL: State-owned Bharat Petroleum Corporation Limited (BPCL) is likely to sell up to 8.68 crore shares, or 4 per cent of the company equity, through a block deal on Tuesday. The company, according to bankers, has set a floor price of Rs 435 per share, a 6.8 per cent discount to Monday’s closing price of Rs 467.

Cadila Healthcare: Zydus Cadila is likely to release the phase III data of its Covid-19 vaccine by the end of this month or early next month, a senior company executive said.

Bharti Airtel, Vodafone Idea: Telecom Department on Monday issued demand notes to Reliance Jio, Bharti Airtel, and Vodafone Idea asking them to make stipulated payments for spectrum they bought in the just-concluded auctions, industry sources said.

Godrej Properties: Realty firm Godrej Properties said the company's shareholders have approved the company's proposal to raise up to Rs 3,750 crore through issue of securities. In a regulatory filing, the Mumbai-based developer informed that a special resolution in this regard was approved by shareholders with requisite majority.

Max Financial Services: Max Ventures Investment Holdings, a promoter of Max Financial Services on Monday offloaded shares worth Rs 85 crore through an open market transaction. As per block deal data on NSE, the promoter sold over 9.34 lakh scrips of Max Financial Services at an average price of Rs 910.

Tata Motors: Shareholders of Tata Motors have approved the hiving off of its passenger vehicles business into a separate entity. The shareholders on March 5, resolution for approving the scheme of arrangement between Tata Motors Limited (transferor company') and TML Business Analytics Services Limited (transferee company) and their respective shareholders under Section 230-232 of the Companies Act, 2013

Intellect Design Arena: The company has launched Magic Aadhaar, an Artificial Intelligence-powered comprehensive Aadhaar processing solution to identify, extract, validate and mask Aadhaar details. This will hyper-digitise the end-to-end process of automatic classification, extraction and masking of Aadhaar numbers for complete compliance and security.

HUL: The Company said it will eliminate the word ‘normal’ from packaging and advertising of all its beauty and personal care brands to demolish stereotypes as consumer activism.