Top 7 stocks to keep a watch on for today's session
Newgen Software Technologies: Diwakar Nigam, Chairman & Managing Director along with TS Varadarajan, Whole Time Director, (jointly referred to as ‘promoters’) of Newgen Software Technologies Ltd announced a sale of an aggregate 10.57 per cent equity stake in the company by the promoters/promoter group to a group of reputed institutional investors.
Wipro: Wipro collaborates with FEV to open an innovation lab for developing software-defined vehicles. In another news, Wipro joined the growing ecosystem of partners using IBM Cloud Paks with Red Hat OpenShift to modernise mission-critical workloads.
Easy Trip Planners: India’s second-largest online travel portal, Easy Trip Planners Ltd almost doubled its profit for FY20-21 at Rs 61.4 crore in fiscal 2020-21 as against a net profit of Rs 33 crore in FY19-20. This was despite halving of gross booking revenue in a pandemic-struck year.
Cyient: Cyient has announced the launch of Mobius, a software-as-a-service (SaaS)-based solution and decision support platform. Mobius, hosted on Microsoft Azure, consolidates the outage planning and approval process within a central location to provide improved information flow for optimising schedule plans.
Jubilant Pharmova: Jubilant HollisterStier LLC, a wholly-owned subsidiary of Jubilant Pharma enters into manufacturing partnership for the production of COVID-19 vaccine candidate, COVAXIN® in the US.
RITES: RITES Ltd has emerged as the lowest bidder for a tender called by Railway Board, Ministry of Railways for railway electrification work on a turnkey basis. The tender for two packages, package — 1 for 779 RKM on Southern Western Railway and package - 2 for 762 RKM on Northeast Frontier railways, will aggregate to Rs 1,741 crore.
PNB Housing: The company made a representation to National Housing Bank on June 14, 2021, to re-consider the penalty as the matter was earlier dealt by NHB in October 2019 and a caution advise was then issued.