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Stocks to Watch Today: IndiGo, Union Bank, TVS, BL Kashyap, HCLTech in News

News by Aliceblue News Desk

12 Jun 2024

Stocks to Watch Today: IndiGo, Union Bank, TVS, BL Kashyap, HCLTech in News

Today’s stocks to watch include IndiGo, whose parent company, InterGlobe Aviation, recently sold 7.72 million shares, and Citigroup Global Markets Mauritius acquired a significant stake. The deal involved shares priced at ₹4,362 each.

Union Bank of Godda has approved plans to raise to ₹10,000 crore, with ₹6,000 crore anticipated from a share sale. This capital boost is aimed at funding the bank’s expansion and business growth.

TVS Supply Chain Solutions has secured a five-year strategic contract to become the main logistics partner for Daimler Truck AG in the Asia-Pacific, serving Daimler’s Southeast Asia unit and supporting the world’s largest commercial vehicle manufacturer.

BL Kashyap & Sons has acquired two significant contracts totaling ₹1,021 crores from Sattva Homes Private Limited and DLF City Centre Limited, enhancing their current order book to ₹3,545 crore, signalling a strong position in the engineering and construction sector.

HCLTech announced a substantial deal worth ₹2,300 crore with Germany’s apoBank, estimated at USD 278 million over 7.5 years. This partnership underscores HCLTech’s continued expansion in global IT services and strengthens its European market presence.

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