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BSE, LIC, HDFC Bank Among Stocks in Focus Today

BSE, LIC, HDFC Bank Among Stocks in Focus Today
18 stocks including BSE, LIC, HDFC Bank, Aditya Infotech, Ramco Systems, Titagarh Rail, Gravita, Strides, Dr Lal Path in focus today · thehindubusinessline.com

Several Indian companies announced important business updates for investors.

BSE agreed with MSCI to explore new financial contracts based on MSCI indexes.

LIC received permission to buy more shares in HDFC Bank.

Aditya Infotech may raise up to ₹1,500 crore to expand and strengthen its finances.

Titagarh Rail was approved to supply traction motors for Indian Railways locomotives.

Gravita India plans to add copper-recycling capacity in Gujarat by 2029.

Other companies won contracts, expanded into new countries, received regulatory approvals or secured new customer business.

These announcements are why the companies’ shares are being watched today.

Key facts

BSE-MSCI agreement
BSE will explore launching futures and options contracts in India linked to MSCI indexes, subject to regulatory approvals.
LIC-HDFC Bank stake
The Reserve Bank of India approved LIC to raise its HDFC Bank stake to 9.99%; LIC currently holds 4.11%.
Aditya Infotech fundraising
The board approved a potential equity capital raise of up to ₹1,500 crore through one or more permitted methods.
Titagarh Rail approval
The company was included in Indian Railways’ Approved Vendor category for three-phase asynchronous traction motors, with capacity of 1,200 units annually.
Gravita India expansion
The company plans to add 59,200 tonnes per annum of copper-recycling capacity at Mundra, Gujarat, in phases by March 31, 2029.
Ceigall India road awards
Joint ventures secured five MoRTH Letters of Acceptance worth a combined ₹2,423.70 crore for road construction in Arunachal Pradesh.
Autoline Industries business
A Tata Motors Passenger Vehicles award is expected to generate about ₹80 crore in annual incremental revenue and ₹30 crore in one-time tooling revenue.

Sources

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