Overall, analysts say the ongoing tussle in the index reflects prevailing uncertainty on the global front, while domestic cues remain largely muted.
In today’s trade, shares of IDFC First Bank, Hindustan Zinc, BPCL, Bharti Airtel, Waaree Energies among others will be in focus due to various news developments.
In the wake of the recently disclosed discrepancy in Haryana government-linked accounts, IDFC First Bank said it will introduce an additional layer of system-driven controls for high-value, branch-based transactions. Under the proposed framework, any transaction exceeding a predefined threshold will require mandatory customer confirmation through a verified digital channel.
NBCC
NBCC is in talks to develop 139 acres of an island in Seychelles, where the proposed development would include affordable social housing, leisure and hospitality, premium villas, sports arena, social infrastructure among others. NBCC is currently executing the construction of the Indian Chancery Building, along with a Cultural Centre and Residential Units in Seychelles.
Hindustan Zinc
Hindustan Zinc signed a strategic Memorandum of Understanding (MoU) with Tripura Group to fast-track the development of a Zinc Park in Rajasthan. The agreement facilitates the operationalisation of a manufacturing unit within the company’s Zinc Park located at Khankhala in the Bhilwara district of Rajasthan
Samvardhana Motherson
Auto component maker Samvardhana Motherson International on Monday said it has operationalised a new manufacturing facility to produce exterior lighting systems for the automotive segment in Sanand, Gujarat. Established as a joint venture with Marelli, the plant is dedicated exclusively to producing cutting-edge exterior lighting systems, further strengthening the group’s capabilities in automotive component manufacturing.BPCL
India’s state-owned oil major Bharat Petroleum Corporation Limited (BPCL) has received a Rs. 1,816.65 crore excise demand order from the Commissioner of Central Tax and Central Excise, Kochi, the company said on Monday. This includes excise duty demand of Rs 476.94 crore in addition to the applicable interest worth Rs 1,339.70 crore and a penalty of Rs 95,000.
Bharti Airtel on Monday announced plans to invest Rs 20,000 crore in its non-banking financial company, Airtel Money Limited, over the next few years to build a high-scale digital lending platform and expand access to formal credit across India.
Waaree Energies
Waaree Energies has received an order for supply of 500MW solar modules from a renowned customer who is a solar power developer and engaged in the business of Independent Power Producer