In 2021 on Friday, the Sensex lost approximately 1,700 points the third biggest day of decrease. In the last week, the values of the combined market of nine of the ten most popular companies decreased by Rs.1.47 lakh crore along with the RIL appearing as the largest staggard.
Meantime, on Saturday, Paytm released its first financial results.
List of stocks that are to be focused on Monday-
Paytm-
Since listing from its financial year, the brand Paytm operator, One97 Communications Ltd, observed that revenue from the operations raised up to Rs.1090 crore till the budgetary ending this year, September. Since the second quarter ending of September (Q2).
Adani Green Energy-
In recent months in Adani Green Energy, an entity of Mauritius- based promoter has acquired approximately 5% of equity shares, showing refusing compromise or change on the renewable bet by a group chairman Gautam Adani. While the shares purchased by Infinite Trade and Investment Ltd have acquired the promoter shareholdings in the company from March by 56.29% to November by 60.14%. Presently, the market capitalization of Adani Green Energy is Rs.2.14 trillion.
Reliance-
On Sunday, Reliance Jio Infocomm Ltd addressed, will grow its prepaid tariffs by 21%, matching its hikes by the rivals Vodafone Idea Ltd and Bharti Airtel Ltd and properly ending the war that was started with the establishment of Mukesh Ambani’s company in the year 2016. On 1st December the Jio’s new plan will be introduced. The Rivals Vodafone Idea and Airtel raised their tariffs by 20% to 25% mentioning the requirement of high revenue in order to make their operations sustainable.
Tata Chemicals-
The company is thinking about buying the materials of battery business of the Johnson Matthey based in London in an offer that can deliver an edge to the Tata Group in the fastest increasing market of the electric vehicle. The people said that Tata Group company is one of the front runners in this race to buy this business. They said this deal could be stuck at the value of $500-700 million.
Lodha Group-
The Macrotech Developers from Realty firm which has their projects in Pune and Mumbai regions, is trying to enter the market of Bengaluru to fulfill the property requirements in the IT City and they planned to invest equity capital of Rs.3,000 crore for the growth. As their goal is to increase the annual sales booking three times by 2025 to 2026 to Rs.20,000.
Lodha Developers, the Mumbai-based company is greatest among the leading real estate firms in the country and it markets all its properties under the ‘Lodha’ brand.
Voltas-
Voltas is the highest domestic air-conditioner creators. A top company authority said Voltas is planning to establish a compressor manufacturing unit in partnership with international partners and is ready to invest approximately Rs.500 crores. While a Tata Group company is thinking about investing in a joint venture business, which needs PN3 approval (Press Note 3), along with an international partner, as per Pradeep Bakshi, the managing director, and the Chief executive officer.
PNB-
The (PNB) Punjab National Bank has opened up a Madhya Pradesh-based agriculture and steel company for sale to recover its outstanding value of almost Rs.200 crore. The (NSAIL) Agro and National Steel industries Ltd, has a balance of approx. Rs.199.90 crores at the bank.
Coal India-
The sending of coal to the power segment by the state- own CIL raised up to 22.7% to 291.72% million tonnes (MT) during the ongoing seven months of the fiscal year. The company already dispatched 237.75 MT of coal from April to October 2020 to 2021 to the power segment. During the last month, the supply of coal to the power segment by CIL has grown up to 21.7% to 47.67 MT over the 39.17 MT in the year-ago.
