​Wipro, Sun Pharma, Zomato and other hot stocks on March 22​

Mar 22, 2022

By: Rounak Jain

Wipro

To consider the declaration of an interim dividend on March 25.

Credit: Wipro

Sun Pharma

To acquire Daiichi Sankyo’s 11.28 percent stake in Hyderabad-based Zenotech Laboratories.

Credit: Sun-Pharma

Zomato

Announced that it will soon launch a 10-minute delivery service called Zomato Instant, starting with four stations in Gurugram next month.

Credit: Zomato

Dhampur Sugar Mills

Declared an interim dividend of ₹6 per share.

Credit: Unsplash

GR Infraprojects

Bagged an order to build a four-lane highway in Madhya Pradesh at an outlay of ₹907 crore.

Credit: GR-Infraprojects

Equitas Small Finance Bank

Increased the interest rate on savings accounts and retail term deposits to 7 percent per annum.

Credit: Equitas

Godawari Power

Signed an agreement to increase its stake in Hira Ferro Alloys to 75.66 percent from 56.45 percent for ₹100 crore.

Credit: Godawari-Power

Larsen & Toubro

Its board will meet on March 24 to consider a fundraising proposal through debt instruments.

Credit: Larsen-Toubro

Deepak Nitrite

ICRA upgraded the long-term rating of the company to ‘AA’ from ‘AA-‘, with the outlook revised to ‘Positive’ from ‘Stable’.

Credit: Deepak-Nitrite

Mutual fund stake in NSE-listed cos at all time high; FPIs at 11-yr low