Stocks Under Focus Today: Nykaa, SAIL, Genesys International & More

  • Stock Market News
Stocks Under Focus Today: Nykaa, SAIL, Genesys International & More
Credit: © Reuters.

By Malvika Gurung -- Ambuja Cements (NS: ABUJ ): The Adani (NS: APSE ) Group-led cement major has created NDU with more than 50% shareholding in subsidiary ACC (NS: ACC ) as collateral for loans taken by the company, as per a regulatory filing.

SAIL (NS: SAIL ): The Maharatna CPSE has posted its best-ever production performance in FY22 and its turnover has exceeded Rs 1 lakh crore for the first time in the fiscal year at Rs 1.03 lakh crore, up over 50% compared to Rs 68,452 crore recorded during FY21.

Vodafone Idea (NS: VODA ): The mobile tower installation company Indus Towers (NS: INUS ) has asked the beleaguered telco to pay its dues or lose access to the mobile towers from Nov if the cash-strapped telco is unable to do so.

Nykaa (NS: FSNE ): The beauty products e-commerce company has informed that its board of directors will consider and approve the bonus share issue at a meeting on Oct 3.

Hindustan Copper (NS: HCPR ): The state-owned miner at its 55th AGM has received the shareholders' approval for a dividend of 23.2% for FY22.

Blue Dart Express (NS: BLDT ): The logistics company will hike the average shipment price by 9.6% from Jan 2023.

Genesys International Corporation (NS: GENS ): The IT company has partnered with the Nasdaq-listed infrastructure engineering software company, Bentley Systems to work on 3D mapping capabilities for major cities across India.

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