5 days ago
Stocks in news: Tata Technologies, Ola Electric, Nestle, HDFC Bank, Wipro
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Markets edged lower in a volatile trading session, losing over half a percent amid weak cues. In today's trade, shares of Tata Technologies Wipro among others will be in focus due to various news private equity firm TPG is likely to sell 2.1% stake in Tata Technologies via block deal according to a media report. The total block size is estimated at Rs 634 crore with floor price for the deal likely to be set at Rs 744.5 per bought over 8.61 crore shares worth Rs 435 crore in Ola Electric Mobility on Tuesday via a block deal in which Hyundai Motor Company and KIA Corporation were logistics tech company Zinka Logistics Solutions, popularly known as BlackBuck, witnessed a block deal on Tuesday. A group of marquee institutional investors picked up stakes, while existing investor Peak XV Partners pared down its number of permanent employees in Nestle India fell 3.8% in FY25, though the maker of Maggi and KitKat increased its capex and is investing in new capabilities and Motor announced significant enhancements to its premium SUV, Hyundai Alcazar, with a panoramic sunroof and DTC option on markets regulator Sebi has recently granted approval to six companies for their initial public offerings (IPOs) including that of HDB Financial services, a subsidiary of HDFC Bank.R Systems partnered with Mavvrik to enable proactive financial governance for AI and Hybrid Life arm Zynext Ventures acquires stake in Agenus, expands its Immuno-oncology pipeline and global secured a multiyear deal with entrust to drive growth through scalable, AI-Powered tech services.
