Stocks to watch: Wipro, Ansal Properties, Engineers India, HDFC Bank
Banking shares are likely to remain is action as major banks announce their quarterly earnings today.
By ET Bureau |
MUMBAI: Wipro Limited, India’s third-largest software exporter, is set to launch a sponsored American Depository Receipts (ADR) offering that could possibly see the promoters and promoter group led by Azim Premji offloading some of their stake in the company,
Promoters of Delhi-based Ansal Properties and Infrastructure (API) are going to buy out the public-listed company’s education business subsidiary Knowledge Tree Infrastructure (KTIL) after hiving it off into a separate entity.
The government on Thursday decided to disinvest 10% of its holding in state-owned technical services company Engineers India Limited(EIL) through a public offer. Post-issue , government’s shareholding in the company would come down to 80.40%.
Banking shares are likely to remain is action as major banks announce their quarterly earnings today.
Results today: Axis Bank, Balaji Telefilms, Escorts, Finolex Cables, HDFC Bank, IDBI Bank, Shree Renuka Sugars, UCO Bank.
Promoters of Delhi-based Ansal Properties and Infrastructure (API) are going to buy out the public-listed company’s education business subsidiary Knowledge Tree Infrastructure (KTIL) after hiving it off into a separate entity.
The government on Thursday decided to disinvest 10% of its holding in state-owned technical services company Engineers India Limited(EIL) through a public offer. Post-issue , government’s shareholding in the company would come down to 80.40%.
Banking shares are likely to remain is action as major banks announce their quarterly earnings today.
Results today: Axis Bank, Balaji Telefilms, Escorts, Finolex Cables, HDFC Bank, IDBI Bank, Shree Renuka Sugars, UCO Bank.
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