RIL, Info Edge, Nazara Technologies and other hot stocks to watch out for on March 7

Mar 7, 2022

By: Bhakti Makwana

Reliance Industries

The oil-to-telecom conglomerate announced the opening of the Jio World Centre in Mumbai’s BKC.

Credit: BCCL

Info Edge

The company has invested an amount of about ₹91 crore in Aisle Network Private Limited for 76 percent stake through its wholly owned subsidiary.

Credit: BCCL

Nazara Technologies

The board of the mobile gaming company has approved issuance of equity shares worth ₹25 crore to existing shareholders of Datawrkz Business Solutions on preferential basis.

Credit: BCCL

PNB Housing Finance

The company announced to hold a board meeting on March 9 to consider fund raising.

Credit: BCCL

3i Infotech

The company received a contract worth ₹12.85 crore from Rajasthan State Pollution Control Board (RSPCB) for design, development, implementation and maintenance of integrated e-Governance Solution 2.0 for the Rajasthan State Pollution Control Board.

Credit: 3i-Infotech

Airline company stocks

Aviation firm stocks such as Indigo, SpiceJet may get hit since crude oil prices have been constantly increasing. Meanwhile, oil marketing companies such as ONGC, Indian Oil Corp may gain because of this.

Credit: BCCL

FMCG company stocks

Current scenario of rising inflation and raw material prices may affect FMCG firms.

Credit: BCCL

Nestle

The fast moving consumer goods (FMCG) major announced it will hold a meeting on April 22 to consider the final dividend.

Credit: Nestle

Shriram Transport Finance Company

The company has approved raising ₹77.70 crore via bonds.

Credit: Shriram-Transport-Finance-Company

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