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MARKETS

Stocks in Focus: Vodafone Idea, Hindustan Zinc, SJVN, Cochin Shipyard and Others

Picture Source: Internet

The GIFT Nifty futures were trading in the green before the market’s opening on Tuesday. Indices are expected to open on a similar positive note.

Domestic benchmark indices NSE Nifty 50 and S&P BSE Sensex rebounded on Tuesday amid a buying frenzy in indices major Tata Motors, Tata Consultancy Services, and Sun Pharma. 

Nifty climbed 0.34%, up by 76.30 points, and closed at 22,198.35, whereas the Sensex rose 305.09 points, up by 0.42% and closed at 73,095.22. 

Here are some stocks that are likely to remain in focus on 28 February.

Cochin Shipyard: The Prime Minister of India, Narendra Modi, is set to virtually inaugurate the country’s first hydrogen fuel cell ferry that the company constructed on 28 February. 

Vodafone Idea: The company’s Board of Directors have approved raising around Rs 45,000 crore via the issuance of equity or equity-related instruments. 

Patanjali Foods: The Supreme Court on 27 February issued a contempt notice to Patanjali Ayurved along with its Managing Director Acharya Balakrishna for openly disregarding the court’s earlier orders and continuing false and misleading claims about curing disease with its products. 

Hindustan Zinc: The Subsidiary of the company, Hind Metal Exploration Services, with an authorised capital of Rs 1 lakh, has been incorporated with Hindustan Zinc.

SJVN: The wholly-owned subsidiary of the company, SJVN Green Energy has successfully commissioned a 10-megawatt solar power project that is worth Rs 642 crore in Gujarat. 

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