Stocks To Watch Out for Today

ITDC has signed pact for transfer of Lalitha Mahal Palace resort, Mysore to government of Karnataka.

The Indian benchmarks are prone to open on a flat to tender begin on Wednesday amid blended global cues from Asian markets. The SGX Nifty, which was trading at 10,141, indicated that the Nifty may just open with a loss of 27 points at the opening bell.

Following are the important stocks to watch out for on Thursday:

Granules India: Qualified Institutional Placement (QIP) opens with floor price set at Rs 127.63 per share.

Den Networks: The company has obtained NCLT nod to demerge its broadband/internet service arm Skynet Cable, reported a leading new agency.

Allahabad Bank: The board of the company authorized merger with subsidiary AllBank Finance.

ITDC: The company has signed pact for transfer of Lalitha Mahal Palace lodge, Mysore to government of Karnataka.

NBCC: The company has bagged Rs 3,200 crore project from the finance ministry to develop a residential-cum-office complex in Mumbai.

Novartis India: The board of the company is planning to consider buyback thought at its assembly on September 25.

Nifty ended at 10,141 level, down by 6 points, while Sensex closed at 32,400 level, marginally down by means of 1 point. Markets witnessed another day of consolidation at a higher level on Wednesday.

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