Stocks To Watch Today: Indus Tower, Godrej Group, IOC And More Are Key Stocks To Track On June 20

This follows Wednesday's performance where NSE Nifty 50 dropped by 42 points or 0.18 per cent to close at 23,516.
Stocks To Track, stocks to track today, stocks to watch today, sensex, nifty, share market, stock market, nse, bse

Key Stocks To Watch Today (Image Source: Times Now Digital)

On Thursday, June 20, 2024, Indian equity indices BSE Sensex and NSE Nifty 50 are expected to see a muted opening, with GIFT Nifty trading flat at 23,518.50, up by just 4 points or 0.02 per cent.

Stock Market Today: How It Performed Yesterday?

This follows Wednesday's performance where NSE Nifty 50 dropped by 42 points or 0.18 per cent to close at 23,516, and BSE Sensex rose by 36 points or 0.05 per cent to finish at 77,338.

Stock Market Today: Key Stocks To Watch Today

Indus Tower
Bharti Airtel increased its stake in Indus Towers to 48.95 per cent from 47.95 per cent by purchasing about 26.95 million shares. Vodafone Plc sold an 18 per cent stake in Indus Towers for 1.7 billion euros (approximately Rs 15,300 crore), with shares priced between Rs 310 and Rs 341.
Indian Oil Corporation (IOC)
IOC has partnered with GPS Renewables to form a 50:50 joint venture aimed at promoting biofuel adoption across India.
Godrej Group
The Competition Commission of India (CCI) has approved the proposed changes to the legal ownership, management, and interest alignment of various entities within the Godrej group.
Sapphire Foods India
The board of Sapphire Foods India, which operates KFC and Pizza Hut, has approved a division of the company’s equity shares. Each existing equity share with a face value of Rs 10 will be split into five shares with a face value of Rs 2 each, pending shareholder approval at the upcoming 15th Annual General Meeting (AGM).
Som Distilleries and Breweries
The Madhya Pradesh government has suspended the license of Som Distilleries after the National Commission for Protection of Child Rights (NCPCR) rescued 19 girls and 39 boys from its Raisen district facility.
Sun Pharmaceuticals
Sun Pharmaceutical received a warning letter from the USFDA for its Dadra facility due to violations of Current Good Manufacturing Practice (cGMP) regulations.
PNB Housing Finance
Open market transactions worth approximately Rs 830 crore involving the sale of shares in PNB Housing Finance are expected on Thursday. General Atlantic and Asia Opportunities V (Mauritius) plan to sell 1.08 crore shares, representing 4.16 per cent of the total equity.
End of Article
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