Stocks in the news: Titan, ZEEL, DCB Bank, IDFC and Uma Exports

Nifty futures on the Singapore Exchange traded 123 points, or 0.69 per cent lower at 17,744.50, signaling that Dalal Street was headed for a negative start on Thursday. Here are a dozen stocks which may buzz the most in today's trade:

Uma Exports: The trader of agri products and commodities will also make its debut on the bourses on Thursday. Its Rs 60 crore issue was open for subscription between March 28-30 in the price range of Rs 65-68 apiece. The company recieved 7.67 times subscription from the bidders.

Titan Company: The consumer durable company said jewellery business in Q4FY22 declined by 4 per cent YoY, despite the addition of 16 stores during the quarter, but watches and wearables business registered 12 per cent growth YoY with addition of 34 stores. Its Eyecare segment reported 5 per cent growth.

Zee Entertainment Enterprises: Investment firm Invesco said three funds managed by its developing markets investment team, including Invesco Developing Markets Fund, will sell up to 7.8 per cent of the share capital of the media major to align exposures to the firm with other funds managed by the team.

Motherson Sumi Systems: The auto components major said it has successfully completed the acquisition of a majority stake in Bengaluru-based CIM Tools. In October last year, it had announced acquiring a 55 per cent stake in the leading supplier in the aerospace supply chain.

Macrotech Developers: The realty firm reported 51 per cent growth in its sales booking to record Rs 9,024 crore in the last fiscal on better demand for its residential properties. The company also said that it has clocked a sales booking of around Rs 5,000 crore in London business, taking the total to over Rs 14,000 crore.

IDFC: Bandhan Financial Holding-led consortium has entered into a definitive agreement to acquire IDFC Asset Management Company and IDFC AMC Trustee Company for Rs 4,500 crore, subject to receipt of necessary regulatory approvals.

Godrej Consumer Products: The FMCG company expects to deliver close to double-digit sales growth in Q4FY22, driven entirely by pricing. Personal Care sustained its double-digit growth trajectory, primarily led by pricing in Personal Wash, while Home Care witnessed a soft performance on a high base.

DCB Bank: The private lender said the RBI has approved the re-appointment of MD and CEO Murali M Natrajan for two years. The re-appointment is subject to the approval of shareholders at the ensuing Annual General Meeting of the bank.

Union Bank of India: The public sector lender said it will sell its 8 per cent stake in India SME Asset Reconstruction Company. The stake sale is subject to obtaining requisite regulatory approvals, it said.

Asian Granito India: The tile manufacturer said its Rs 441 crore Rights issue will open for eligible shareholders on April 25. The company has fixed April 12 as record date for the purpose of determining the eligibility of the shareholders for the rights entitlement. The Rights Entitlement Ratio is 37:30.

Swastika Investmart: The stockbroker has signed an agreement to acquire the business of Safal capital, a 100 years vintage entity of India. This acquisition will enhance the customers base of Swastika by around 5 per cent.

Coffee Day Enterprises: The beverage player said it has defaulted a total of Rs 479.68 crore on repayment of loans and unlisted debt securities in the quarter ended March 31, 2022.