Stocks in the news: Mahanagar Gas, DHFL, Sterling & Wilson Solar, ZEEL and KEC International

NEW DELHI: Nifty futures on the Singapore Exchange were trading 19 points, or 0.17 per cent, lower at 11,037.50, indicating a negative start for Dalal Street. Here are a few stocks which may buzz the most in today’s trade:

Zee Entertainment: Subhash Chandra’s Essel Group will repay about Rs 2,600 crore to mutual funds this week out of Rs 4,200 crore it raised by selling 11 per cent in Zee Entertainment to global fund Invesco Oppenheimer.

Mahanagar Gas: BG Asia Pacific Holding, the promoter of Mumbai-based Mahanagar Gas, is looking to exit completely from the city gas distribution company by selling 10 per cent stake for Rs 724 crore through a block deal on Tuesday, the term sheet seen by ET showed.


KEC International: The infrastructure company said it has won Rs 845-crore orders for construction works in regional rapid transit system (RRTS) and metro sectors.

Vodafone Idea: CEO Balesh Sharma quit on Monday with immediate effect, less than a year into his job. Ravinder Takkar is made CEO and MD of the telco, whose share price is near an all-time low amid losses and falling market shares.

(Edelweiss Alternative Research)