Shares to Watch: Zee Leisure, Tata Motors, Vodafone Concept, Future Group


NEW DELHI: Right here is the listing of high 10 shares that could possibly be in concentrate on Tuesday:

ZEEL: Invesco Growing Markets Fund, the biggest shareholder of Zee Leisure Enterprises Ltd (ZEEL), has expressed concern about among the phrases of Sony Footage Networks India’s proposed buy of Zee, which the investor claims favour the promoters over unusual shareholders.

Tata Motors: Has reported a 24% year-on-year enhance in group international wholesales, together with that of Jaguar Land Rover (JLR), to 2,51,689 models within the September ended quarter. International wholesales of all Tata Motors’ business autos and Tata Daewoo vary had been at 89,055 models, up 57% on 12 months.

Vodafone Concept: Aditya Birla Group chairman Kumar Mangalam Birla is contemplating infusing a few of his personal capital into Vodafone Concept whereas the Vodafone Group could promote at the very least part of its stake in tower agency – Indus Towers – and channel the proceeds into the loss-making telco. This can be adopted by exterior funding, mentioned a media report.

Bharti Airtel: Bharti Airtel and Vodafone Concept have moved telecom tribunal to problem the Division of Telecom’s demand notices for fee of 3,050 crore cumulative penalties within the factors of interconnect matter.

Future Group: Future Group and Amazon are more likely to begin negotiations for a doable out-of-court settlement of a year-long authorized standoff over the proposed sale of Future Group property to Reliance Retail as soon as the Singapore arbitrator offers its preliminary rulings later this month.

Ujjivan Small Finance Financial institution: The financial institution’s gross mortgage e book rose 4% to 14,508 crore on the finish of September from 13,890 crore a 12 months in the past. Ujjivan Small Finance Financial institution’s reasonably priced housing mortgage e book rose 42% to 2,317 crore whereas its MSME portfolio grew 34% to 1,418 crore. Microfinance e book noticed a dip of 8% to 9,633 crore.

Tata Group: The Centre on Monday issued a letter of intent confirming the sale of its 100% stake in Air India to Tata Group for 18,000 crore. Final week, the federal government had accepted a proposal by Talace Pvt Ltd, a unit of the holding firm of salt-to-software conglomerate, to pay 2,700 crore in money and takeover 15,300 crore of the airline’s debt.

Adani Ports: Has mentioned it is not going to deal with EXIM containerised cargo originating from Iran, Pakistan and Afghanistan from 15 November. This can apply to all terminals operated by APSEZ and together with third social gathering terminals. The advisory comes after the Directorate of Income Intelligence (DRI) final month seized practically 3,000 kg of heroin from Afghanistan on the Mundra Port.

Ashoka Buildcon: The corporate’s particular function car Ashoka Khairatunda Barwa Adda Highway, arrange for six-laning of Khairatunda to Barwa Adda part of NH-2 in Jharkhand underneath NHDP Section-V on Hybrid Annuity Mode, has acquired a provisional certificates of completion of 36.40 km of the whole challenge size of 40.33 km.

Avenue Supermarts: Avenue Supermarts Ltd, the proprietor of D-Mart chain of retail shops, hit 3 trillion in market capitalisation on Monday with its shares surging over 70% to this point in 2021. It’s the seventeenth listed agency to attain this milestone.

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