TCS, Info Edge, HPCL and other buzzing stocks to watch out on March 31

Mar 31, 2021

By: Rounak Jain

Credit: BCCL

TCS

After rebranding itself yesterday, the IT services giant has now partnered with the UK's Nationwide Building Society to improve the latter’s IT infrastructure.

Credit: IANS

Info Edge

After being removed from the IT index yesterday and slumping 7 percent, the company behind the popular Naukri portal could rebound today.

Credit: Info Edge

HPCL

The government-owned company has acquired the remaining 50 percent stake in Chhara LNG Terminal for ₹397 crore.

Credit: BCCL

UltraTech Cement

The Mumbai-based cement manufacturer has repaid ₹5,000 crore worth of loans from its free cash flows.

Credit: UltraTech Cement

InterGlobe Aviation

IndiGo cabin crew is likely to get a 5 percent salary reinstatement from April 1, 2021 after a 10 percent cut earlier due to Covid-19.

Credit: BCCL

IDFC First Bank

The company is issuing ₹3,000 crore worth shares at a floor price of ₹60.34 via a qualified institutional placement (QIP).

Credit: IDFC First Bank

SJVN

The company has won a 25-year 70MW solar power project in Gujarat at a tariff rate of ₹2.21 per kilowatt-hour.

Credit: SJVN

IRB Infrastructure Developers

The company has bagged two infrastructure projects in Himachal Pradesh and West Bengal, taking its FY21 project total to ₹5,004 crore.

Credit: IRB Infrastructure Developers

Insecticides India

The company will buy back 10.43 lakh equity shares, or 5.1 percent of its paid-up capital, at ₹575 per share.

Credit: Insecticides India

Mahindra Holidays & Resorts

The company has announced that its three spa hotels in Finland will remain closed till May 2, 2021 in compliance with Finland’s directives.

Credit: Mahindra Holidays & Resorts

Nazara Technologies, JSW Steel, Adani Transmission and other stocks to watch out for on March 30