Stocks to watch: Easy Trip Planners, GAIL, Vaibhav Global, Indo Count, Zuari Agro
Here is the list of top stocks that could be in focus on March 19.
Extending its losing streak to the fifth consecutive session, equity benchmark Sensex tanked 585 points on Thursday, tracking losses in index majors Infosys, RIL and TCS. After rallying nearly 500 points earlier in the day, the 30-share BSE index gave up all gains to end 585.10 points, or 1.17%, lower at 49,216.52. The broader NSE Nifty slumped 163.45 points, or 1.11%, at 14,557.85. Here is the list of top stocks that could be in focus on March 19.
Easy Trip Planners: Shares of online travel agency Easy Trip Planners will debut on the bourses today, 19 March 2021. The issue price is Rs 187 per share.
GAIL: GAIL (India) and Ranchi Municipal Corporation (RMC) have signed a Concession Agreement (CA) for setting up Compressed Biagas (CBG) plant in Ranchi. As per the agreement, GAIL will setup CBG Plant for processing 150 Tons per Day of Organic Municipal Solid Waste (MSW). The CBG plant will produce 5 Tons of Compressed Biagas (CBG) per day and approximately 25 Tons of Fermented Bio Manure per day.
Vaibhav Global: The company informed that the Shop TJC, UK., a step-down subsidiary of the Vaibhav Global has acquired Shop LC GmbH, Germany (100% subsidiary).
Indo Count: Indo Count Industries said that the Project Management Committee of the board of directors of the company has approved expansion of its bed linen capacity by about 20% from its existing annual capacity of 90 Mn meters to 108 Mn meters by debottlenecking and balancing its facilities. Further, the company proposes to make a brownfield investment for adding commensurate cut & sew facilities and for enhancing the capacity for Top of the Bed (TOB) products. This will entail a capex of about Rs. 150 crore.
Zuari Agro Chemicals: The company said that NPK B Plant has been shut down due to delay in the arrival of raw materials.