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    Stocks in the news: Anand Rathi, ITC, Voda Idea, BPCL, PB Fintech and MCX

    Synopsis

    Anand Rathi Wealth will make its Dalal Street debut on Today. The company had raised Rs 660 crore via its IPO offering shares in the range of Rs 530-550 apiece between December 2-4.

    stock-market-trend-gettyGetty Images
    Stocks in buzz: Infosys, Vedanta, Bank of Baroda, Raymond, Shriram Group firms, Greenlam Industries, Shah Alloys and more
    Nifty futures on the Singapore Exchange traded 135.5 points, or 0.78 per cent lower at 17,333.50, signaling that Dalal Street was headed for a negative start on Tuesday. Here are a dozen stocks which may buzz the most in today's trade:

    Anand Rathi Wealth: The wealth management player will make its Dalal Street debut on Today. The company had raised Rs 660 crore via its IPO offering shares in the range of Rs 530-550 apiece between December 2-4. Ahead of its listing, the scrip was commanding a mild premium of Rs 45-50 in the grey market.

    Infosys: Markets regulator Sebi passed a confirmatory order against an Infosys employee and his connected person, who was an employee of Wipro Ltd, in a matter related to alleged insider trading in Infosys shares.

    ITC: One of the largest FMCG conglomerates in the country, will meet hundreds of analysts and institutional investors on Tuesday for its first-ever analyst day meeting.

    Vodafone Idea: The telecom player announced a limited period free offer for subscribers to stream music, courtesy a tie-up with Hungama Music. The tie-up will also see 52 live events being held over the next year.

    Bharat Petroleum Corporation:
    The privatisation-bound oil player said it has tied up with Bhabha Atomic Research Centre (BARC) for an electrolyser technology for green hydrogen as it looks to achieve net-zero emissions by 2040.

    Vedanta: Billionaire Anil Agarwal's mining group said it has withdrawn cases in the Delhi High Court as well as before an international arbitration tribunal to settle a Rs 20,495 crore retrospective tax dispute with the government.

    PB Fintech:
    The recenlty listed player said its board has approved forming a wholly-owned subsidiary to function as an account aggregator. The board of directors of the company at its meeting held on December 13, 2021 approved the incorporation of the wholly owned subsidiary to carry on the business of an account aggregator (AA).

    MCX: The largest commodity exchange launched trading on nickel options, making it the third base metal derivatives on its platform. The exchange already offers base metal options on futures in copper and zinc and option contracts in gold, silver and crude.

    Bank of Baroda: The state-owned lender announced the launch of the wearable line of products for small-ticket payments up to Rs 5,000 through the BoB World Wave in association with the National Payments Corporation of India (NPCI).

    Raymond: The country's leading fabric and apparel manufacturer said it plans to raise Rs 100 crore from the market by issuing non-convertible debentures (NCDs). The company's board is meeting on December 17 to consider and approve the NCDs

    Shriram Group firms:
    The Chennai based group announced the merger of Shriram Capital Limited (SCL) and Shriram City Union Finance Ltd (SCUF) with Shriram Transport Finance Company (STFC). The merged entity, to be known as Shriram Finance Ltd, will be the largest retail finance non-banking finance company (NBFC) in the country, the group said.

    Greenlam Industries: Surfacing solutions brand player announced to invest Rs 950 crore in 2-3 years towards setting up of the third laminate plant and made a foray into the plywood and particle board business.

    SecureKloud Technologies:
    Healthcare Triangle Inc., USA, a step-down subsidiary of SecureKloud Technologies, has acquired DevCool Inc., USA, an electronic health record (EHR) focused healthcare IT and managed services company.

    Shah Alloys: Income Tax Department carried out search operation at various locations of the company during the period from December 8 till December 11, 2021.



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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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