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Stocks in Focus: Infosys, NBCC (India), Tata Power and Others

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The GIFT Nifty futures were trading in the flat-to-negative range before Thursday’s market opening. Domestic Indices are expected to open on a similar flattish note.

On Wednesday, domestic equity indices, NSE Nifty 50 and S&P BSE Sensex ended in the green. The Nifty rose by 51.75 points or 0.26% to settle at 19,716.45, while the Sensex settled at 66,118.69, adding 0.26% or 173.22 points.

Here are some stocks likely to be in the limelight on September 28.

Infosys: The IT major has launched a first-of-its-kind industry cloud offering, Infosys Cobalt Airline Cloud (ICAC), designed for commercial airlines to help them accelerate their digital transformation journey.

Dixon Technologies: One of the company’s subsidiaries, Padget Electronics, inked an agreement with Xiaomi to manufacture smartphones and related products for the latter.

Tata Power: The company’s renewable energy arm, Tata Power Renewable Energy Ltd, will construct a 41-megawatt captive solar plant at Thoothukudi, Tamil Nadu, for TP Solar’s upcoming 4.3-gigawatt greenfield solar cell and module manufacturing facility located at Tirunelveli, Tamil Nadu.  

Telecom stocks: The Telecom Regulatory Authority of India (TRAI) released its Telecom Subscription report for July on Wednesday, with a total of 26.67 lakh subscribers added in the month. Individually, Reliance Jio added 39.07 lakh customers, Bharti Airtel added 15.17 lakh customers, Vodafone-Idea lost 13.21 lakh customers, and BSNL lost 14.1 lakh customers in July, according to the TRAI data. 

NBCC (India): The company plans to sell 14.75 lakh square feet of Commercial Built-up space in the World Trade Centre at Nauroji Nagar, New Delhi, for Rs 5716.43 crore through an e-auction on October 23.

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