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ZEEL
KEY STOCKS TO WATCH
✔ Zee Entertainment (+VE)
To raise up to `2237cr by issuing 16.95 cr fully convertible warrants.
The preferential allotment will raise the promoter group’s stake to 18.39%.
✔ Asian Paints (+VE)
Reliance sold 0.88% stake worth Rs 1876cr
Buyer was ICICI Pru MF
Stake reduced to 1.26% from 4.9%
✔ Biocon (+VE)
Launches Rs 4500cr QIP
Floor price of `340.20/share
✔ HCLTech (+VE)
Announced a strategic partnership with ***** one of Europe’s largest energy companies
✔TCS (+VE)
Council of Europe Development Bank Partners with TCS to Transform Reconciliation Processes
✔ MPHASIS (+VE)
Mphasis Announces Strategic Partnership with Sixfold to Strengthen Insurance Underwriting Capabilities
✔NTPC (+VE)
Board to meet on June 21 to mull fundraising#FundamentalViews
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