Stocks in news: Devyani International, Hindustan Zinc, Indian Oil, Tata Motors

Nifty futures traded on the Singapore Exchange indicate a flat start to domestic equities. The contract was trading at 17,149.50, down 2 points or 0.1%.

Here's a slew of stocks that will be in focus today for various reasons

Devyani InternationaFranklin Templeton Fund picked up about 0.5% stake in Devyani International through a block deal on Tuesday, while Temasek offloaded nearly 3% stake in the company.

Tata Power
Tata Power arm Tata Power Renewable Energy has received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company (MSEDCL) to set up a 200 MW solar PV project in Solapur.

Indian OiThe Board of Indian Oil has given in-principle approval to carry out pre-project activities for setting up Paradip Petrochemical Complex at an estimated cost of Rs 61,077 crore.

Hindustan ZinHindustan Zinc has announced a fourth interim dividend of Rs 26 per share for the current financial year 2022-23.

SBI Card
SBI Card has declared an interim dividend of Rs 2.5 per equity for the current financial year 2022-23. The company has fixed March 29 as the record date.

Power Finance Corporation
The company's board has approved raising up to Rs 80,000 crore for FY24 through bonds, term loans and other instruments from domestic and international markets.

Zydus LifeSciences
Zydus Lifesciences arm Zydus Pharmaceuticals Inc has received final approval for Tofacitinib Tablets from the United States Food and Drug Administration (USFDA).


Tata Motors has announced a price increase of up to 5% on its commercial vehicles starting April 1 as it seeks to comply with the more stringent BS6 phase II emission norms.

HG Infra Engineering
HG Infra Engineering has been declared as L-I bidder for a central railway project worth Rs 677 crore

Blue Star
Blue Star announced that it secured railway electrification orders totalling Rs 575 crore, thereby successfully expanding its presence in the railways segment and marking its foray into the railway electrification space.