Share Market News August 28: Domestic equity benchmarks finished a volatile session on a flat note on Tuesday, with the 50-scrip-blue chip index managing to hold on to the psychologically important 25,000 mark, as selling pressure in FMCG and energy shares offset buying interest in financial stocks.
Here are a few stocks that are set to take centre stage in the next session on Dalal Street:
Corporate Earnings
Procter & Gamble Hygiene and healthcare and HMA Agro are scheduled to report their financial results for the June quarter.
Shareholders’ Meetings
HCL Technologies is scheduled to conduct its annual Investor Day event with its shareholders.
Besides, Hindustan Aeronautics Ltd (HAL), Vodafone Idea, and Zomato are slated to hold their annual general meetings (AGMs) between 12 pm and 4 pm.
Share Buybacks
Buybacks of three companies are due to close on August 28:
Cera Sanitaryware (No. of shares: 1.08 lakh; price: Rs 12,000)
Dhanuka Agritech (No. of shares: 5 lakh; price: Rs 2,000)
Chamanlal Sethia (No. of shares: 20.7 lakh; price: Rs 300)
Dividend Stock
Hindustan Zinc Ltd (HZL) shares are slated to trade ex-dividend.
Exchange Stocks in Focus
Stock exchange NSE will start preparations soon for an initial public offer (IPO), sources told Zee Business.
Agreements/Deals/Orders
PNC Infratech has emerged the lowest bidder for a Rs 380 crore highway-cum-bridge project.
Corporate Action | Bonus & Buyback
NBCC India’s board is scheduled to meet on August 31 to consider a bonus shares proposal.
Insecticides India’s board is slated to meet on August 30 to consider a proposal to launch a share buyback through the tender route.
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