Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
MARKETS

Stocks in Focus: Zydus Lifesciences, Zee Entertainment Enterprises, NHPC, and Others

Picture Source: Internet

The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.81% lower by 205 points at 25,157.50, indicating that the domestic benchmark indices are likely to make a negative start on Wednesday. 

On Tuesday, 3 September, Domestic benchmark indices S&P BSE Sensex gained 4.41 points or 0.01%, to end at 82,555.44, while the Nifty50 traded 1.15 points higher and settled at 25,279.85.

Here are some stocks that are likely to remain in focus on 4 September.

Zydus Lifesciences: The pharma major has issued clarification regarding a warning letter received from the USFDA (US Food and Drug Administration) regarding its injectable manufacturing facility in Jarod, Gujarat. 

Zee Entertainment Enterprises: The Ministry of Corporate Affairs, through the Office of the Registrar of Companies, Mumbai, has approved the extension to hold its 42nd Annual General Meeting. 

NHPC: The company has signed a Memorandum of Understanding (MoU) with the Department of Water Resources (WRD) of the Maharashtra Govt for establishing energy storage systems, including pumped storage systems and renewable storage systems.

AU Small Finance Bank: The bank has submitted an application with the Reserve Bank of India (RBI) to gain approval to transition from a small finance bank to a universal bank. 

Cipla: M K Hamied, the Vice Chairman and Non-Executive Director of the company has resigned from his position, effective 29 October. 

Hitachi Energy: The company has received a tax demand worth Rs 46.29 crore after the Assistant Commissioner of Commercial Taxes (Audit) conducted an audit. 

BGR Energy Systems: The company has received two tax orders from the GST Department in Tiruvallur demanding Rs 480.25 crore in taxes, including interest and penalties, for FY20. BGR Energy Systems plans to appeal this order.

GSK Pharma: The company has announced that they have received a tax refund of Rs 222.23 crore for the assessment year 2022-23 from the Income Tax Department under the Section 143(3).

The future of investing is here!
Unicorn Signals leverages advanced AI technology to provide you with powerful market predictions and actionable stock scans. Download the app today and 10x your trading & investing journey!

Get Daily Prediction & Stocks Tips On Your Mobile