ONGC, TCS, telecom and other hot stocks to watch out for on September 9

Sep 9, 2021

By: Rounak Jain

ONGC

Exploring a 20-40 percent stake acquisition in the Sangomar oil project off the coast of Senegal.

Credit: ONGC

Contd...

ICRA has assigned a AAA rating for the company’s ₹7,500 crore non-convertible debentures.

Credit: ONGC

Telecom stocks

The government’s much-awaited telecom relief package was not discussed or announced at the cabinet meet yesterday. Vodafone Idea and Airtel both ended the day in the red.

Credit: Unsplash

TCS

Avianca, one of South America’s leading airlines, has partnered with TCS to accelerate its move to a cloud-based infrastructure.

Credit: TCS

Jindal Steel & Power

Its Australian subsidiary repaid a loan of ₹777 crore, bringing down its debt by half.

Credit: Jindal-Steel-Power

Infosys

Partnered with The Economist Group to enable and accelerate sustainability solutions.

Credit: Infosys

Adani Enterprises

Its subsidiary has emerged as the successful bidder for Jhigador and Khargone coal blocks in Bishrampur, Chattisgarh.

Credit: Adani-Enterprises

SBI Life Insurance

Canada Pension Fund to sell 20 million shares in the company at ₹1,159 to ₹1,220 per share, implying a discount of 0-5 percent.

Credit: SBI-Life-Insurance

BASF India

The Competition Commission of India raided the offices of the company, along with those of other seed companies, according to media reports.

Credit: BASF-India

Repro India

Its board has approved issuing equity shares on a preferential basis aggregating to ₹30 crore.

Credit: Repro-India

As back-to-office avatars turn casual, comfy sneaker sales pick up pace