MapmyIndia, Adani Enterprises, Axis Bank and other hot stocks on December 21 as Nifty looks set for a rebound

Dec 21, 2021

Credit: BCCL

MapmyIndia

The Indian mapping company’s shares will debut on the stock exchanges today, after receiving 155 times subscription.

Credit: MapmyIndia

Contd...

The grey market premium fell by nearly a third after the markets plunged yesterday, but it is still hovering around ₹700 per share, indicating a 70 percent return.

Credit: MapmyIndia

Adani Enterprises

Bagged an order from the Uttar Pradesh Industrial Development Authority for three Greenfield Ganga Expressway projects in the state.

Credit: Adani Enterprises

Axis Bank

Reports suggest it is now the frontrunner to acquire Citi India’s retail assets, in an all-cash deal worth $2 billion. The deal includes Citi’s lucrative credit card business comprising nearly 2.5 million accounts.

Credit: Axis Bank

Wipro

Acquired Texas based cybersecurity firm Edgile for $230 million. The firm focuses on risk and compliance, and information and cloud security.

Credit: Wipro

Reliance Jio

Jio added 1.76 million new subscribers in October, according to data released by TRAI, taking its total subscriber base to 427 million.

Credit: Reliance

Bharti Airtel

Lost 490,000 subscribers in October, with its total subscriber base now standing at 354 million.

Credit: BCCL

Vodafone Idea

Lost 964,000 subscribers in October, with its total subscriber base now standing at 269 million.

Credit: BCCL

RailTel

Bagged an order from DRDO worth ₹68 crore for expansion and enhancement of network capacities.

Credit: RailTel