New Delhi: Investors will keep a close eye on several key companies on Thursday as multiple corporate developments and announcements emerged after Wednesday’s market hours. Among the stocks in news are ICICI Bank Ltd., Infosys Ltd., Delhivery Ltd., TVS Motor Company Ltd., and Vedanta Ltd., all poised to influence market sentiment.
Key Corporate Announcements
- ICICI Bank Ltd. – The company will announce its Q4 results on April 18. In addition, ICICI Bank has redeemed $800 million notes under its Global Medium Term Note Programme, signaling strong liquidity management.
- Infosys Ltd. – The IT giant is set to expand its international operations by incorporating “Infosys Enterprise Business Services” as a new arm in Australia.
- TVS Motor Company Ltd. – The board will meet on March 24 to consider an interim dividend, keeping investors interested in the stock’s short-term yield potential.
- Delhivery Ltd. – The logistics firm has launched “Economy Air” shipping services to the UK, Canada, and Australia under its international division, a move expected to boost cross-border operations.
- Nazara Technologies – The company is planning to acquire a ~50% controlling stake in Bluetile and BestPlay for approximately Rs 918 crore, expanding its digital gaming and media portfolio.
- Tata Communications – The telecom company has incorporated a joint venture named “TC (Shanghai) Tech” with a subscription of 10 million RMB to strengthen its global footprint.
- Vedanta Ltd. – The board will meet on March 23 to consider a third interim dividend, keeping Vedanta among the prominent stocks in news for dividend-seeking investors.
- Varun Beverages – The beverage company has acquired “Twizza Proprietary” through its subsidiary at an enterprise value of Rs 1,140 crore.
- Delta Corp – The company and its subsidiary have received a tax demand of Rs 1,752 crore from the Goa tax body.
- Aditya Birla Lifestyle Brands – Approved the allotment of 50,000 NCDs worth Rs 500 crore.
IPO Listing
Rajputana Stainless – The company manufactures long and flat stainless-steel products including billets, ingots, and bright bars. Its exports reach the UAE, USA, Turkey, Kuwait, and Poland, supplying sectors such as aerospace, defense, and automotive. The IPO listing is likely to attract investor attention among stocks in news.
Also read : HDFC Bank Shares Fall as Atanu Chakraborty Steps Down from Board
Market Outlook
These corporate developments have put the spotlight on the above companies, making them some of the most watched stocks in news this week. Investors are expected to track earnings, dividends, acquisitions, and strategic initiatives closely, as these factors could influence trading activity and market sentiment.