Stocks in action today: From Tata Power to IIFL Finance, there may be movement in these stocks today

Actions in action today:If you are also making money in the stock market, then this news may come in handy for you. After the historic US decision, an uptrend was seen in the stock market on Thursday. Even today some stocks may still see action in the stock market. These include stocks ranging from Reliance Infra, Tata Power to IIFL Finance and HUDCO. In fact, many important news items came after the market closed on Thursday evening. Their impact can be seen today. Let us know which stocks may see movement today…

There will be action in these actions

1. Tata’s power sharing: The company’s shares fell 0.16 per cent and closed at Rs 439. The company said it had signed an agreement with Adaro International (Singapore) for supply of coal to Trombay Power Station. The company claimed 22.9 Cr and Adaro International (Singapore) claimed 10.6 Cr. It agreed to settle the dispute with Adaro International (Singapore) through arbitration.
2. Geojit Financial Services Share: The rights issue of the company has been approved. Under this, new shares are issued to existing shareholders in a fixed ratio. The company usually resorts to the rights issue to raise funds. The rights issue is 1:6. The investor will be sold 2 rights shares for every 6 shares.
3. Infrastructure dependency: The board approved raising funds up to Rs 3,000 crore through QIP. The board approved issuance of 12.56 crore shares or warrants at the rate of Rs 240 per share, out of which a total amount of Rs 3,014.4 crore can be raised.
4. Share Infosys: The company’s shares rose 0.25 per cent and closed at Rs 1,897. The company told the exchange that it will invest Rs 17 crore in SpaceTech startup GalaxEye Space Solutions.
5. IIFL Share: The RBI has removed restrictions imposed on IIFL Finance’s gold loan business with immediate effect. The company says gold lending will start again as per laws and norms. The company’s shares fell 6 per cent on Thursday and closed at Rs 497. There will be movement in IIFL Finance’s stock after the RBI’s decision.
6. HUDCO: The company’s shares fell 4 per cent and closed at Rs 229. Loan growth is expected. The company will benefit from PMAY 2.0.

These actions will also be under discussion.

• Suven Life Sciences shares: The company’s shares fell 3 per cent and closed at Rs 150. The company has appointed Vivek Sharma as its executive chairman.
• Ge T&D India Share: The company’s shares fell by 5 per cent and closed at Rs 1,606. The OFS has received good response. The company can now increase its size. 4 million shares of the company will be reserved for allotment to retail investors.
• Balkrishna Industries shares: The company reported that the expansion works of 30,000 MTPA have been completed. The company has started up an advanced materials plant.
• The Kirloskar brothers share: The company said it has signed an agreement with Kolhapur Steel to acquire 26% of the share capital of Sunsure Solarpark Nineteen.
• Jyothy Laboratories Share: The company announced in the exchange that it has acquired the QUICLO brand from SMARTWASH SOLUTIONS. With this, the company enters the laundry business.
• ABBOTT INDIA: Entered into a patent license agreement with Takeda for the sale of Vonoprazan.
• EMS: The EMS company received orders worth Rs 681 crore. The company said it will raise Rs 400 crore for QIP.
• Shriram Finance Participation: The Board of Directors meeting of the Company approved and allotted Subordinated, Unsecured, Rated, Listed, Redeemable and Taxable NCDs. The issue size is Rs 150 crore.
• VST Industries: Radhakishan Damani sold 1 lakh shares of VST Industries at an average price of Rs 439.05 per share. Damani had earlier sold 1 lakh shares of the company on September 17.
• First IDFC Bank: The Reserve Bank of India (RBI) has approved IDFC First Bank to reappoint V. Vaidyanathan as Managing Director and CEO.
• Indian Overseas Bank: Indian Overseas Bank (IOB), a state-run bank, has received an income tax refund of Rs 123.87 crore. The bank said it has received an order from the Income Tax Department under Section 250 of the Income Tax Act, 1961, providing information regarding the refund of Rs 123.87 crore. This refund, including interest, pertains to the assessment year 2021-22.

Disclaimer: Here we have provided you with stock market information, it is not advice. Investing in the stock market is subject to market risks. Before betting on any stock, definitely follow the advice of your financial advisor, i.e. a certified expert.