Infosys, VST Tillers, Edelweiss Financial will be in the spotlight

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Domestic benchmark equity indices are set to open flat on Tuesday tracking Asian peers that were trading mixed as investors look ahead to the release of Chinese August trade data. The Reserve Bank of Australia is also set to release its rate decision. Here is the list of top stocks that could be in focus on September 07.

Infosys: The IT major said that the Buyback Committee of the company will, on September 8, 2021, consider proposals, including but not to limited to, the closure of the Buyback, pursuant to the terms of the Public Announcement, in view of the fact that the Company has utilized 99.9999996% of the Maximum Buyback Size (excluding transaction costs).

VST Tillers Tractors: The agri equipment manufacturer launched the VST range of Tractors and Power Tillers in Southern Africa. The company has entered into an agreement with ETG (Export Trading Group), for distribution of its Tractors, Power Tillers, Power Reapers and Diesel Engines in the Southern African markets including South Africa, Namibia, Botswana, Zimbabwe, Swaziland, and Zambia.

Edelweiss Financial Services: The company announced that its public issue of Secured Redeemable Non-Convertible Debentures (NCDs) has been oversubscribed.

International Conveyors: International Conveyors said that the company has sold a 7.95% stake in Elpro International for Rs 74.14 crore.

Ashapura Minechem: The company said that operations in Guinea continue to be normal despite certain political developments in Conakry, the capital of Guinea, since September 5. We continue to monitor the situation closely and all the employees of the Ashapura Group in Guinea remain safe and are in contact with the company, it added.