PriyaPatel
TLDR:
- Mankind Pharma, Indus Towers, Tech Mahindra, Maruti Suzuki, and insurance stocks are among the stocks to watch today
- Zydus Lifesciences receives US FDA approval, Tech Mahindra to merge subsidiary, Bharti Airtel subsidiary to launch IPO, Solara Active Pharma Sciences approves sale, and insurance stocks in focus due to new surrender value regulations
Several key developments are taking place in the stock market today, with companies like Mankind Pharma, Indus Towers, Tech Mahindra, Maruti Suzuki, and insurance stocks drawing attention. Here are some of the key events and announcements that investors should keep an eye on:
- Tech Mahindra: The company plans to merge its wholly-owned step-down subsidiary Born Group with Tech Mahindra (America) Inc., a material subsidiary.
- Bharti Airtel: The company’s subsidiary, Bharti Hexacom, is set to launch its IPO between April 3-5, 2024.
- Solara Active Pharma Sciences: The board has approved the sale of a 100% shareholding in SeQuent Penems.
- Insurance stocks: New surrender value regulations by IRDAI will impact insurance stocks, potentially leading to lower surrender values for policies surrendered within three years.
In addition to these, announcements from companies like Ambuja Cements, Zydus Lifesciences, Mankind Pharma, Maruti Suzuki, Hindustan Aeronautics, Rail Vikas Nigam, and RailTel Corporation of India are also expected to influence the market today. These developments highlight a wide range of activities across different sectors, from pharma to automotive to defense. Investors will need to closely monitor these stocks to make informed decisions in the current market environment.
