Indus Towers, Vodafone Idea, Airtel, Vedanta and other hot stocks on February 24

Feb 24, 2022

By: Rounak Jain

Credit: BCCL

Indus Towers

Vodafone Group to sell a 2.4 percent stake in the tower company, raising funds worth ₹1,440 crore. Initial reports had suggested a stake sale of up to 5 percent.

Credit: Unsplash

Vodafone Idea

A media report suggested that the telco could get a capital infusion from Vodafone Group Plc., after its Indus Towers stake sale.

Credit: BCCL

Bharti Airtel

Media reports suggest that Vodafone Group could offload a stake of up to 5 percent to Bharti Airtel, but the talks are still underway and a conclusion is yet to be reached.

Credit: BCCL

Vedanta

To declare its third interim dividend on March 2.

Credit: Vedanta

Maruti Suzuki

Launched the second major update to the Baleno with a new powertrain, a 9-inch touchscreen, 360-degree parking camera and more.

Credit: Maruti Suzuki

Sun Pharma

To acquire anti-acne brand Alchemee for $90 million.

Credit: Sun Pharma

Info Edge

Received NCLT approval to amalgamate its wholly owned subsidiary High Orbit Careers with itself.

Credit: Info Edge

Sanofi India

Declared a final dividend of ₹181 and a special dividend of ₹309 per share.

Credit: Sanofi India

IndiaMart

Acquired a 26 percent stake in industrial e-commerce firm IB Montaro for ₹104 crore.

Credit: IndiaMart

Hero MotoCorp, Nykaa, HDFC and other hot stocks on February 23