Nifty futures on the Singapore Exchange traded 103 points, or 0.6 per cent higher at 17,241.50, signaling that Dalal Street was headed for a positive start on Wednesday. Here are a dozen stocks which may buzz the most in today’s trade:

Sanofi, Gammon: Sanofi India and Gammon India are the companies that will announce their earnings for quarter ended on December 31, 2021.

Reliance Industries: The Securities and Exchange Board of India has issued a show-cause notice to Reliance Industries on December 22 for alleged violation of ‘Principles for fair disclosure’ while handling unpublished price sensitive information, according to a disclosure by Data Infrastructure Trust.

HDFC: Societe Generale offloaded shares of the mortgage lender worth nearly Rs 1,730 crore through an open market transaction. As per block deal data on BSE, Societe Generale sold nearly 71 lakh shares at an average price of Rs 2,436.8 apiece.

Wipro: The IT major’s corporate investment arm, Wipro Ventures, has invested in US-based startup, vFunction. Wipro Ltd has formed a joint go-to market partnership with vFunction, which has developed a scalable, AI (Artificial Intelligence) based technology platform for modernising Java applications and accelerating migration to the cloud.

Bharat Petroleum Corporation: The state-owned oil player and the world’s largest manufacturer of motorcycles and scooters Hero MotoCorp have collaborated to set set up charging infrastructure for two-wheeled electric vehicles (EVs) across the country, the firms said.

Mahindra & Mahindra Financial Services: The NBFC said it has raised Rs 300 crore by issuing bonds on a private placement basis. The company board approved the allotment of 3,000 secured redeemable non-convertible debentures (NCDs) of a face value of Rs 10 lakh each, aggregating to Rs 300 crore.

FSN E-Commerce Ventures: The parent company of Nykaa informed that its litigation with L’Oreal S.A. has been settled. It had disclosed the details of pending litigation with L’Oreal S.A. in its IPO prospectus.

Zee Entertainment Enterprises:
The media major has filed an application in the Mumbai bench of the National Company Law Tribunal (NCLT), seeking dismissal of IndusInd Bank’s insolvency petition against the company.

Ujjivan Small Finance Bank:
The private lender has tied up with Hero MotoCorp to finance two-wheelers purchased by the customers. It has become the first small finance bank to enter into a strategic tie up with Hero MotoCorp, the world’s largest two-wheeler manufacturer.

SIS: The special consumer services player said it has bagged a project worth Rs 225 crore to provide security solutions to Coal India-arm MCL. SIS will deploy security personnel in different categories to provide security services across 18 sites of Mahanadi Coalfields Ltd (MCL) at Sambalpur, Bhubaneshwar, IB Valley Coalfields and Talcher Coalfields.

Mahindra CIE Automotive: The multi-technology automotive components supplier reported a 28 per cent fall in the net profit to Rs 80 crore in December 2021 quarter compared to Rs 112 crore profit reported in the corresponding period last fiscal. The company board approved a dividend of Rs 2.50 per share for the year ended December 31, 2021.

SJVN: The state-owned power player signed papers to get a Rs 6,333.40-crore loan from a consortium of banks from India and Nepal for funding of its Arun-3 power project in Nepal.

Dilip Buildcon: The firm has won a road project in Chhattisgarh. It has been declared as L-1 bidder for a new HAM project under Raipur-Visakhapatnam in the state and the order is worth Rs 1,141 crore.

Capri Global Capital: Insurance behemoth Life Insurance Corporation of India has bought 1.5 lakh equity shares in the The diversified NBFC via open market transactions on February 21. With this, LIC’s shareholding stands at 5.04 per cent up from 4.95 per cent earlier.

Elantas Beck India:
The industrial coasting and speciality chemical player reported a 26 per cent fall in the net profit to Rs 16.60 crore in December 2021 quarter, compared to Rs 22.55 crore profit reported in the year-ago period. The company board recommended dividend of Rs 5 per equity share for the year 2021.


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