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Stocks To Watch: Wipro, Kitex, Future Retail, Emami

Gold Silver Reports (GSR) – The S&P BSE Sensex fell 0.3 percent or 115.37 points to 34,501.27 and the NSE Nifty 50 index declined 0.4 percent or 43.80 points to 10,570.55. India’s benchmark indices snapped their two-day winning streak dragged down by bank and metal stocks amid the weakening rupee which fell to a fresh 13-month low.


Here Are The Stocks To Watch In Thursday’s Trade

💡 Wipro to sell hosted data center service operations for $450 million to Ensono

💡 Kitex Garments will form two new subsidiaries and invest Rs 200 crore in each of them

💡 Future Retail says Mumbai bench of NCLT approved scheme of arrangement with Hypercity

💡 Indoco Remedies gets statement of GMP non-compliance from UK-MHRA for Goa plant-1

💡 Emami to consider bonus issue on May 3

💡 Soril Holdings & Ventures approves issue of shares worth up to Rs 330 crore to FPIs including Steadview Capital Mauritius, ABG Capital and LTR Focus Fund

💡 Shah Alloys signs settlement pact with ARCIL

💡 Airtel to transfer core network infrastructure assets to unit Nxtra Data and sell submarine cables to Network i2i

💡 Cadila Healthcare says Zydus gets final approval from U.S. FDA for Methylprednisolone

💡 Fortis says Manipal-TPG sought to impose onerous conditions on the company that would cap ability for competitive bid process

💡 Uniply to allot 45.14 lakh equity shares at a premium of Rs 400.85 per share on a preferential basis to non-promoters. It will also allot 96.28 lakh convertible warrants at a premium of Rs 400.85 per warrant on a preferential basis

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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