Despite losses on other international markets, Dalal Street is anticipated to open in the green on Friday. SGX Nifty futures were 46.5 points higher, or 0.3 percent, at 17,615. Today’s attention will be on the shares of Adani Enterprises, Infosys, Wipro, and NACL, among other companies. Here are the top equities to keep an eye on on September 2.
The Adani Enterprises Ltd.
From September 30, the flagship company of the Adani Group will replace Shree Cement in the National Stock Exchange’s Nifty 50 benchmark index. Adani Enterprises will be the second Adani stock to be featured in the Nifty index after Adani Ports and Special Economic Zone. As part of its periodic assessment, the Index Maintenance Sub-Committee — Equity (IMSC) of NSE Indices Ltd decided to make the modifications, according to a release on Thursday.
The leading provider of IT services declared that it now possesses Amazon Web Services (AWS) Energy Competency accreditation. According to the IT company, this recognition acknowledges the company’s strong expertise in assisting clients in leveraging AWS technology to transform complex systems and hasten the transition to a sustainable energy future.
The IT firm Infosys Ltd. finalised the acquisition of BASE life science, situated in Europe.
HDFC Bank Limited The private sector lender made plans to open 80 Smart Banking Lobbies and 207 branches in Maharashtra during current fiscal year. The bank intends to hire about 3,000 people statewide as part of the expansion strategy. The 207 branches of the bank will be spread out over the state, serving all 34 districts. 90 of the 207 branches will be in urban and suburban areas, while the rest 117 are located in rural and semi-urban areas.
Aurobindo Pharma Ltd.
The board of CuraTeQ Biologics, a company’s wholly-owned subsidiary, has approved an expenditure of up to Rs 300 crore in the development of its biologics facility’s capacity.
Mahanagar Gas Ltd.
With effect from September 1, Mahanagar Gas Ltd. | The natural gas distributor has appointed MV Iyer as Chairperson.
Mike Frank is named CEO of UPL’s Global Crop Protection (CP) business, which oversees all CP assets outside of India, by UPL Ltd | UPL Corporation, the company’s flagship for international activities. Mike will serve on the board of directors for UPL Crop Protection.
Ramco Systems Ltd
US-based GA-ASI will adopt Ramco Aviation’s ERP and MRO services, according to Ramco Systems Ltd. SkyGuardian Global Support Solutions will be helped by the collaboration with the US-based business.
NACL Industries Ltd
NAC Industries Limited M. Pavan Kumar has been reappointed as managing director and CEO of the agrochemical company. The director, Chantati Varada Rajulu, has been chosen and will serve in that capacity full-time.
RattanIndia Power Ltd
RattanIndia Power Limited Rajiv Rattan has been named the company’s executive chairman for a period of five years. Beginning on October 1, the appointment will be in effect. Rattan is the non-executive chairman at the moment.