Key Stocks in Focus Today: Akzo Nobel, Jindal Steel, Urban Company, HCL Tech & Others

Fast Summary

• Market Performance (16 Sept): Sensex gained 594.95 points (0.73%) to close at 82,380.69; Nifty rose 169.90 points (0.68%) to reach 25,239.10.
• Akzo Nobel India: CCI approved JSW Paints’ acquisition of up to a 75% stake.
• Jindal Steel: Submitted non-binding bid for Thyssenkrupp Steel Europe’s division focusing on green initiatives and job stability.
• Amber Enterprises: Board approved QIP worth ₹2,500 crore with floor price set at ₹7,790.88 per share.
• Bharat Electronics (BEL): Secured orders totaling ₹712 crore for IT infrastructure projects and more since September 1.
• Coal India: Declared preferred bidder for Ontillu-Chandragiri REE Block in Andhra Pradesh under exploration license plans.
• HCL Tech: Launched HCL Unica+, an AI-driven MarTech platform for personalized marketing solutions.
• RailTel Corporation: Won ₹105 crore smart classroom project under KGBV scheme in Bihar Education Project Council partnership.
• Blue Dart Aviation: Received GST demand notice exceeding ₹420 crore relating to tax dues and input credit compliance issues from April 2021-March 2023.
• Mahindra Lifespace developers Limited: Selected to redevelop two Chembur housing societies (~₹1,700 crore progress potential).
• TVS Holdings Ltd.: Scheduled board meeting on September 22 regarding issuance of bonus preference shares.

Other Updates:
– IPO Listings today include Urban Company and others across mainboard & SME segments.

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