Sun Pharma Stock: The company to acquire a 14.3% stake in the Indian Foundation for Quality Management for Rs 12.5 crore.
The Nifty index fell by 0.95 percent, losing 216 points to close at 22,488.65. Similarly, the BSE Sensex dropped by 0.83 percent, shedding 617 points to end at 73,885.
In the broader market, all indices including Nifty 100, Nifty 200, Nifty Midcap, and Nifty Smallcap closed in decline.
Stocks to be in focus today, according to Experts and Zee Business
- Infosys Stock: IT giant shares are scheduled to trade ex-dividend on May 31.
- Havells India Stock: Company shares are all set to trade ex-dividend on Friday.
- Stocks Slated To Trade Ex-dividend: Stocks JSW Energy, LKP Securities, Muthoot Finance, Page Industries, Indian Energy Exchange (IEX), Caplin Point Labs, and GlaxoSmithKline Pharma.
- Davangere Sugar Stock: Company shares are all set to trade ex-stock split on Friday.
- Integra Essentia Stock: Shares are scheduled to trade ex-rights on May 31.
- Apollo Hospitals Enterprise Stock: Company has registered a 76 per cent year-on-year increase in its consolidated net profit to Rs 254 crore for the March quarter.
- Hero MotoCorp Stock: The company launched the Splendor+ model at Rs 82,911 ex-showroom price in Delhi.
- Jio Financial Services Stock: The company launched the JioFinance App in a Beta version.
- Krishna Institute of Medical Sciences Stock: The company through its Subsidiary KIMS Hospital Bengaluru Private signed a lease agreement for setting up a Super Specialty Hospital in Bengaluru, Karnataka, with the Peoples Education Society.
- Sun Pharma Stock: The company to acquire a 14.3% stake in the Indian Foundation for Quality Management for Rs 12.5 crore.
- KFin Technologies Stock: General Atlantic Singapore Fund sold 1 crore equity shares (equivalent to 5.8% of paid-up equity) in KFin at an average price of Rs 712.81 per share, worth Rs 712.81 crore.
- IRB Infrastructure Developers Stock: Promoter IRB Holding sold 10.50 crore equity shares in IRB Infrastructure at an average price of Rs 64.32 per share, and 12 crore shares at an average price of Rs 64.12 per share, which is equivalent to 3.7% of paid-up equity, valued at Rs 1,444.8 crore.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)
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