In today’s trade, shares of LIC, Maruti Suzuki, Sun Pharma, TCS, HUL among others will be in focus due to various news developments.
LIC
Shares of LIC will be in focus today as the insurance behemoth is likely to announce its first-ever bonus issue of shares tomorrow, following its board meeting. The state-run company had announced last week that its board of directors will hold a meeting to consider and recommend its first-ever bonus issue of shares.
Maruti Suzuki
Car market leader Maruti Suzuki India will roll out four more electric vehicles by 2031, a senior executive of the company said on Saturday. Maruti Suzuki marked a milestone in its electric vehicle journey by delivering 108 units of its e-VITARA to customers in a single day at a handover ceremony.
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HUL
Unilever global CEO Fernando Fernandez said the biggest priority for India chief Priya Nair is to ensure the company’s portfolio is future fit as the consumer goods maker aims to reclaim market share lost to rivals including online brands in this growing market in the past few years.
Sun Pharma
Sun Pharmaceutical Industries has decided to proceed with a binding offer of $12 billion for Organon & Co, taking the company to the final stages of its most ambitious overseas acquisition bid as it looks to become a branded and innovative drug-making powerhouse, ET reported.Vedanta
Vedanta Aluminium on Friday signed MoUs with two companies for setting up their manufacturing facilities in the upcoming Vedanta Aluminium Park in Odisha’s Jharsuguda. The MoUs were signed by Singhal Steel & Power and SCOT-AL Metcon.
TCS
TCS has made 25,000 offers to freshers for the current fiscal, and pointed out that the demand scenario will determine whether it hires more college graduates, a top official has said. The largest information technology services company had hired 44,000 freshers in FY26, one of the highest by any private sector employer in the country, despite the headwinds it faced.
M&M
Mahindra Overseas Investment Company, a wholly owned subsidiary of the company, along with its wholly owned subsidiary, Erkunt Traktor have entered into a stock purchase agreement with Hisarlar Makina Sanayi ve Ticaret Oguzhan Sahinkaya and Bunyamin Sarioglu, whereby MOICML and Erkunt Traktor have agreed to sell their entire stake
in Erkunt Sanayi Anonim Şirketi to the buyers.