Vedanta, Dish TV, Sansera Engineering, IT and other top stocks to watch out for on September 24

Sep 24, 2021

By: Rounak Jain

Vedanta

To delist its American Depository shares from the NYSE because of low trading volumes and higher cost of maintenance.

Credit: Vedanta

Dish TV

Yes Bank, one of the lenders of the company, has sought an EGM for removal of current directors and reconstituting the board.

Credit: Dish-TV

Sansera Engineering

To debut on the stock exchanges today. Its issue price is ₹744 and the IPO was subscribed 11.47 times.

Credit: Sansera-Engineering

IT stocks

Accenture’s robust 24 percent revenue growth could be a positive sign for the Indian IT sector.

Credit: Unsplash

IPO Watch

Paras Defence IPO subscribed by over 304 times. Aditya Birla Sun Life AMC to launch its IPO on September 29 in a price band of ₹695-712 per share.

Credit: Flickr

Steel stocks

The debt woes of China’s Evergrande real estate company could impact steel demand, but reports suggest Indian steel companies may remain unaffected.

Credit: Unsplash

Dilip Buildcon

Confirmed the company’s appointment as the mine developer cum operator of the Pachwara Central Coal Block mine, whose total contract value is ₹32,156 crore.

Credit: Dilip-Buildcon

Adani Enterprises

Incorporated a wholly owned subsidiary to help customers interact directly with the group’s business-to-customer oriented ventures.

Credit: Adani-Enterprises

PVR

CRISIL has downgraded the company’s long-term rating of bank loan facilities to A /negative and short-term rating to A1 from A1 .

Credit: PVR

AGMs today

ONGC, Power Grid Corporation, BEML, Ruchi Soya, Glenmark Pharma, Suzlon Energy, REC.

Credit: Unsplash

PolicyBazaar’s parent to open its ₹5,700 crore IPO on November 1