Stocks in news: IndiGo, ITC, AB Capital, TVS Motor, Jupiter Wagons

Domestic indices started the week with a cut and lost over half a percent amid mixed cues. In today's trade, shares of IndiGo, ITC, AB Capital, TVS Motor, Jupiter Wagons among others will be in focus due to news developments.

IndiGo
Rakesh Gangwal, co-founder of InterGlobe Aviation, on Monday sold 5.8% stake in the budget carrier through the open market for Rs 6,786 crore.

HIL
HIL will acquire 100% equity of Crestia Polytech and 4 other entities for around Rs 265 crore on cash free and debt free basis.


Read more: Here's the trade setup for today's session

TVS Motor
The Board of TVS Motors has approved an interim dividend of Rs 8 apiece, which is about 800% on the face value, for the year ending March 2024.

ITC
British American Tobacco (BAT) is planning to sell up to $2-3 billion of ITC in block trades this week, Bloomberg reported.

Jupiter Wagons
Jupiter Wagons has received a Rs 957 crore contract from the Ministry of Railways for manufacturing and supply of BOSM wagons.

HG Infra
HG Infra has received a letter of award for a project worth Rs 862.11 crore from National Highways Authority of India (NHAI).

RVNL
RVNL has emerged as the lowest bidder for Maharashtra Metro Project worth Rs 339.23 crore.

Wipro
Wipro and Nutanix tied up to launch a new Nutanix-focused business unit, to accelerate digital transformation, and hybrid multi cloud innovation.

Aditya Birla Capital
The Board of Aditya Birla Capital considered and approved the scheme of amalgamation of Aditya Birla Finance with the company and their respective shareholders and creditors.