Stocks to Watch: Paytm, TCS, Maruti, Eicher Motors, LIC, IndiGo, BSE, and Others – News18

Stocks To Watch On November 28: GIFT Nifty on the NSE IX traded 7 points, or 0.04 per cent, higher at 19,863.5, signaling that Dalal Street was headed for muted start on Tuesday. Here’s a slew of stocks that will be in focus today for various reasons.

Paytm: Warren Buffet’s Berkshire Hathaway sold its entire stake in Fintech major Paytm through open market for about Rs 1,370 cr.

PB Fintech: PB Fintech said it has made a further investment of Rs 349 crore in its arm Policybazaar to strengthen the financial health of the subsidiary.

TCS: Tata Consultancy Services has launched its AWS generative AI practice, to help customers harness the full potential of AI and AWS generative AI services.

Maruti Suzuki: Maruti Suzuki plans to increase the prices of its cars in January, 2024 on account of increased cost pressure driven by overall inflation and increased commodity prices.

BSE: Global brokerage firm Jefferies has initiated coverage on BSE with a ‘Buy’ rating and a price target of Rs 2,700, anticipating a 24 per cent upside from the current levels.Shares of the BSE have jumped 4 times in the past six months.

Siemens: To report September quarter results today.

Eicher Motors: Has launched a new Himalayan bike at an introductory price of Rs 2.69 lakh onwards. Further, Royal Enfield Shotgun 650 will be available at an ex-showroom price of Rs 4.25 lakh.

Newgen Software: The company’s board has approved the issue of bonus shares in the ratio of 1:1.

Honasa Consumer: Following the sharp movement in the share price, the exchanges have lowered the daily circuit limit for the stock from 20 per cent to 10 per cent.

Cello World: The recently listed company reported a net profit of Rs 17.70 crore for the quarter ended September 2023 as against a net profit of Rs 11.02 crore in the preceding June quarter. Total income was up 1.7 per cent QoQ at Rs 251.38 crore.

Life Insurance Corporation (LIC): As part of its digital transformation exercise, the insurance behemoth is exploring the possibility of setting up a fintech unit, said chairman Siddhartha Mohanty.

Adani Group: The Supreme Court on Friday reserved its order in the Adani-Hindenburg case and indicated it might pass some more directions to the Sebi. Meanwhile, the latter told the court it would not seek an extension to complete its investigation of the matter.

IndiGo: Noida International Airport has signed a Memorandum of Understanding (MoU) with IndiGo which has agreed to become the launch carrier for the airport, which is scheduled to be operational by the end of 2024.