Stocks in News: Zomato, ZEE, Sula Vineyard, BHEL, Mahindra Logistics, Natco Pharma, and Fortis Healthcare

Stocks in News: Zomato, ZEE, Sula Vineyard, BHEL, Mahindra Logistics, Natco Pharma, and Fortis Healthcare

GIFT Nifty on the NSE IX traded 5.5 points, or 0.03 per cent, lower at 19,473, signaling that Dalal Street was headed for muted start on Thursday. Here’s a slew of stocks that will be in focus today for various reasons.

Zomato
Marquee investors including Morgan Stanley, Nomura, Kotak Mahindra MF, among others picked up stake in Zomato in block deal on Wednesday.

ZEE
Quant Mutual Fund has sold 48.1 lakh shares in Zee Entertainment Enterprises through bulk deals on Wednesday.

Sula Vineyard
Verlinvest Asia Pte is looking to offload up to 12.5% stake in Sula Vineyard through block deals on Thursday, according to reports.

Read more: What changed the market while you were sleeping

Mahindra Logistics
The company’s board has approved the appointment of Saurabh Taneja, as Chief Financial Officer and Key Managerial Personnel with effect from September 1.

Natco Pharma
Natco Pharma has invested $2 million in Delaware-based ISCA for bio control of pests.

BHEL
BHEL has secured an order from NTPC for setting up the 2×800 MW supercritical thermal power project stage-II at Lara in Chhattisgarh through international competitive bidding.

Fortis Healthcare
Fortis Healthcare has reached an agreement to acquire a multi-speciality hospital in Haryana for Rs 225 crore.

NTPC
The Board of NTPC has approved Rs 15,530 crore investment for 1,600 MW lara super thermal project.

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TIS Staff

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