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Stocks to Watch: TCS, NDTV, IEX, Adani Power, IDFC, ONGC

 




• NSE continued to keep shares of BHEL, Delta Corp, Punjab National Bank and Indiabulls Housing Finance in the list of restricted securities under the F&O segment for Thursday's trade as they crossed 95% of the market-wide position limit Huh.

Here is the list of top 10 stocks that will be in focus today:

Tata Consultancy Services: IT major Tata Consultancy Services on Wednesday said it has secured a deal from Rail Delivery Group to design, develop, implement and operate the UK's rail data marketplace. The contract between TCS and RDG (Rail Data Marketplace) is for a period of six years, including an opportunity for an extension period. “Built on TCS Dexum, the Rail Data Marketplace can not only provide data relevant to the rail industry but also present important adjacent data sources to passengers and operators and help deliver a better experience for users.

NDTV: After taking control of RRPR Holdings, NDTV the promoter company holds 29.18% equity in the broadcaster, Adani Group through its subsidiary Vishwapradhan Commercial Private Limited. Ltd. (VCPL) may push for nomination of its directors on the NDTV Board. And although the open offer did not attract any investor interest for the second straight session on Wednesday, Adani Group has become the largest shareholder of NDTV, taking it closer to control of the company, according to proxy advisory firms founders. have said .

Adani Power: The deadline for completion of the ₹7,017 crore deal to buy thermal power assets of DB Power Ltd has been extended by a month to December 31, 2022, according to a statement by Adani Power on Monday. The company had earlier pushed back the completion deadline by a month to 30 November 2022. BSE filing said.

Indian Energy Exchange: The Indian Energy Exchange (IEX) is all set to seek shareholders' approval through postal ballot to buy back shares worth up to ₹98 crore, news agency PTI reported on November 30. In its meeting held on November 25, the Board of Directors approved a cash offer for buyback of equity shares of face value of ₹1 each at a maximum price of ₹200 per share for an aggregate amount of up to ₹98 crore.

ONGC/Reliance: The Kirit Parikh committee on gas pricing submitted its report to the petroleum ministry on Wednesday. The panel has suggested a cap or ceiling price of $4 per million British thermal unit and $6.5 per mmBtu on gas from old or old fields. State-run ONGC and OIL largely operate heritage sectors in the country. The panel has also recommended that domestic gas prices should be linked to international prices. It has suggested removal of the price cap in the next 3 years.

IDFC: Markets regulator SEBI has approved the acquisition of IDFC Asset Management Company Limited (IDFC AMC) by a consortium of Bandhan Financial Holdings Limited, GIC and ChrysCapital. IDFC AMC said in a release on Wednesday that the proposed transaction has been approved by SEBI. Last month, the Reserve Bank of India (RBI) approved the deal and the Competition Commission of India (CCI) approved it in August.

Manali Petrochemicals: Manali Petrochemicals Limited, an integrated manufacturer of polyols, has closed the 'acquisition' of United Kingdom-based Pain Globe Limited, a market leader in foam control agents for an enterprise value of GBP 21 million for the city-headquartered company Is. said on Wednesday. The "all-in" acquisition was made through AMCHEM Specialty Chemicals Pte Ltd, Singapore, the company said in a statement.

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