Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
MARKETS

Stocks in Focus: Zee Entertainment, Paytm, IRCTC and Others

Picture Source: Internet

The GIFT Nifty futures were trading in the red before the market’s opening on Friday. Indices are expected to open on a similar negative note.

Domestic benchmark indices NSE Nifty 50 and S&P BSE Sensex slipped on Thursday, led by selling in banking and auto shares after the RBI monetary policy announcement. Nifty fell by 212.55 points or 0.97% to settle at 21,717.95, while Sensex shed 1% or 723.57 points to close at 71,428.43

Here are some stocks that are likely to remain in focus on February 9.

Indian Railway Catering and Tourism Corporation (IRCTC): The railway company has inked a Memorandum of Understanding (MoU) with the state government of Uttarakhand to operate tourist trains in the state.

Bharat Heavy Electricals Ltd (BHEL): The engineering and manufacturing company received a Rs 5,500 crore order from Haryana Power Generation Corporation Limited to develop a 1×800 MW Ultra Super Critical Expansion Unit at DCRTPP.

Signatureglobal (India): The real estate development company has entered into a joint development agreement for a 20.32-acre land parcel in Gurugram, with an overall potential developable area of approximately 2.84 million square feet. 

One 97 Communications (Paytm): Paytm Payments Bank board member Manju Agarwal, who served as an independent director, reportedly resigned from the company effective February 1.

Bharti Airtel, Vodafone Idea: The Union Cabinet has approved a 10,523 MHz spectrum auction spanning multiple frequency bands in the current fiscal year with a reserve price of Rs 96,317 crore and a validity period of 20 years. 

Zee Entertainment Enterprise Ltd (ZEEL): The Securities and Exchange Board of India has issued an interim order instructing several guest experts on Zee Business to repay Rs 7.41 crore in purported unlawful gains from alleged positions taken by them contradicting their on-air advice.

Companies announcing their Q3FY24 Results today: Alkem Labs, Bandhan Bank, Campus Activewear, Cello World, Dish TV India, Doms Industries, Easy Trip Planners, Finolex Cables, Godrej Industries, Hero MotoCorp, Honasa Consumer, Indigo Paints, Inox Wind, Indian Railway Finance Corp, Kirloskar Industries, Landmark Cars, MRF, Paras Defence and Space Technologies, Pfizer, Saregama India, SJVN, Tata Power and Zydus Lifesciences, among others. 

Get Daily Prediction & Stocks Tips On Your Mobile