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Buzzing Stocks: From Paytm to Wipro, investors should keep an eye on these 10 stocks today

Buzzing Stocks in News: The Indian stock market is expected to open on a high today on 27th February. According to Gift Nifty indications, the Nifty index may start trading today with an increase of 74.50. Meanwhile, let's take a look at the 10 stocks that could see strong action today based on the news.
2 Month ago

Buzzing Stocks in News: The Indian stock market is expected to open on a high today on February 27th. According to Gift Nifty indications, the Nifty index may start trading today with an increase of 74.50. Meanwhile, let's take a look at the 10 stocks that could see strong action today based on the news. Which includes shares from Paytm to Wipro and SBI.

1. One97 Communications

Vijay Shekhar Sharma resigned as part-time non-executive chairman of Paytm Payments Bank Limited (PPBL). Along with this, the board of the bank has been restructured. Paytm said in a filing to the stock exchange on Monday that PPBL has approved the appointment of former Central Bank of India chairman Srinivasan Sridhar, retired IAS officer Devendranath Sarangi, former Bank of Baroda executive director Ashok Kumar Garg and former IAS officer Rajni Sekhari Sibal. It has also restructured its board of directors.

TVS Motor Company

Its subsidiary TVS Motor (Singapore) Pte Ltd has agreed to acquire 8,000 equity shares in Kilwatt GmbH for EUR 4 million. With this, TVS Motor (Singapore) Pte Ltd's stake in Kilwatt GmbH will increase from 39.28 percent to 49 percent.

Wipro

This IT company has announced a partnership with Nokia. Under this partnership, joint private wireless solutions have been created to help businesses accelerate their digital transformation. The combined solution will provide companies with more secure 5G private wireless network solutions integrated with their operating infrastructure.

State Bank of India (SBI)

The Reserve Bank of India (RBI) has fined State Bank of India Rs. 2 crore fine has been imposed.

Canara Bank

State-owned lender Canara Bank said its board on February 26 approved a stock split to split each share of the bank into 5 smaller shares. Canara Bank said the stock split process may take 2-3 months to complete. Meanwhile, the RBI has imposed a penalty of Rs 32.30 lakh on the bank for not complying with some instructions.

Andhra Cements

Company promoter Sagar Cement will sell 46,08,607 equity shares or 5 per cent equity stake in Andhra Cement through an offer-for-sale (OFS) on February 27-28. The floor price has been fixed at Rs 90 per share. The OFD will open on February 27 for institutional investors and on February 28 for retail investors.

Housing and Urban Development Corporation (HUDCO)

HUDCO said the board has approved the appointment of Madhu Nagarani as the company's chief risk officer for two years from March 1 following the retirement of NS Ganesh. Currently Madhu Nagrani is the General Manager (Finance) of the company.

Easy Trip Planners

Minerva Ventures Fund invested Rs. 48.75 crore at an average price of Rs. 43.87 crore worth 90 lakh equity shares (about half per cent of the paid-up equity) were purchased.

Ducon Infratechnologies

Ducon and Germany's DeltaVision signed an MoU to provide innovative fluid control solutions associated with rocket fuel propulsion systems and hydrogen fuel delivery systems for the Indian market. This will include co-development, local industrialization and manufacturing of embedded products to feed the emerging Indian markets in the hydrogen and aerospace value chain.

Zenith Drugs

Shares of this pharma company are all set to debut on NSE Emerge today, February 27. The issue price per share is Rs. 79 has been determined. Its shares will be available for trading in the trade-for-trade surveillance segment.

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