Stocks to track on March 4 — HDFC, Airtel, Infosys, Adani Ports and others

Mar 4, 2021

By: Navdeep Yadav

​Housing Development Finance Corporation (HDFC) cuts home loan interest rates.

It reduced the interest rates by 5 basis points to 6.75 percent, effective from March 4.

Credit: BCCL

​Airtel raises $750mn (₹5,472 crore) via allotment of unsecured senior fixed-rate notes.

The notes will be listed on the Singapore Exchange Securities Trading Limited.

Credit: BCCL

​Adani Ports to acquire the 31.5 percent stake in the Gangavaram Port (GPL) for ₹1,954 crore.

It is also in talks with the promoters. DVS Raju and family, to acquire their 58.1 percent stake in GPL.

Credit: BCCL

​NTPC to snap 105 MW power supply to Sikkim for non-payment of dues.

PTI reports indicated that the outstanding beyond due date now stands at ₹89 crore.

Credit: BCCL

​Govt to pare an additional 6 percent stake via offer for sale in IRCON International on March 4.

The offer received a great response on day one as the issue subscribed nearly 3.3 times of base size.

Credit: BCCL

T​he Economic Times (ET) reported that Infosys bagged $500 million all-digital deal from Google

As part of the deal, according to ET’s sources, the IT firm will provide customer experience and engineering support for the search engine’s products.

Credit: BCCL

​DLF scraps plans of issuing listed secured NCDs aggregating up to ₹395 crore.

Earlier it had informed exchanges that it is desirous of offering listed redeemable secured non-convertible debentures.

Credit: BCCL

​VST Tillers Tractors to invest $1.5 million (₹11 crore) in Zimeno Inc.

US-based Zimeno develops small-sized EV tractors for agriculture under the Monarch Tractor brand.

Credit: BCCL

​IRCTC will operate trips through Golden Chariot from March 14.

The Golden Chariot is a luxury tourist train that connects important tourist spots in South India.

Credit: BCCL

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