ICICI Bank, Tech Mahindra, Nestle India and other hot stocks to track on April 20

Apr 20, 2021

By: Rounak Jain

ICICI Bank

The bank’s board will meet on April 24 to evaluate fundraising by way of further issuance of debt securities through public or private placement.

Credit: BCCL

Tech Mahindra

The company has acquired US-based DigitalOnUS, a hybrid cloud provider for a consideration of $120 million to augment its enterprise offerings.

Credit: Tech-Mahindra

Nestle India

The FMCG major is all set to announce its March 2021 quarter results today.

Credit: Nestle-India

ACC

The cement manufacturer announced a 74 percent increase year-on-year in net profit to ₹563 crore in the March 2021 quarter.

Credit: ACC

HDFC Bank

It has acquired a 7.2 percent stake Pune-based Virtuoso Infotech, a software solutions company.

Credit: BCCL

Adani Ports & SEZ

It has issued 1 crore shares at an issue price of ₹800 to Windy Lakeside Investment in a preferential allotment, raising ₹800 crore in the process.

Credit: Adani-Ports-SEZ

Indian Overseas Bank

It will hold an extraordinary general meeting to seek approval for raising ₹4,100 crore by way of issue of preferential shares to the government.

Credit: BCCL

Zuari Global

It has declared a second interim dividend of ₹1 per share with the record date being April 28.

Credit: Zuari-Global

Tata Steel Long Products

The specialty steel maker is all set to announce its March 2021 quarter results today.

Credit: Pixabay

UPL

It has appointed Carlos Pellicer as its new chief operating officer, who will be replacing Diego Casanello.

Credit: UPL

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