Stocks Under Focus on Sept 5: Paytm, ACC, SpiceJet & More
Paytm (NS:PAYT): The fintech major denied any link with the merchants under the Enforcement Directorate scanner in the Chinese loan app case on Sunday.
Vodafone Idea (NS:VODA): The beleaguered telco has prepaid a short-term loan amount of nearly Rs 2,700 crore to SBI (NS:SBI) for building confidence among lenders as it looks out for fresh bank funds urgently for 5G network deals and clear some of its Rs 15,000 crore worth of trade payables.
SpiceJet (NS:SPJT): The airline company is likely to receive about Rs 225 crore under the government’s credit guarantee scheme. It has also been allowed up to 3 years of extension for conducting its AGM for FY22.
ACC (NS:ACC): Morgan Stanley (NYSE:MS) Asia has picked 9.4 lakh equity shares of the company through an open market transaction for Rs 215 crore, at an average price of Rs 2,290 apiece.
Hinduja Global Solutions (NS:HGSL): NXTDIGITAL’s (NS:NXTD) shareholders have voted for the merger with Hinduja Global Solutions.
Olectra Greentech (NS:OLEC): The electric bus manufacturer has won an order worth Rs 151 crore for the supply of 100 electric buses to the Assam State Transport Corporation.
Unfortunately, the information in that article “[Stocks Under Focus on Sept 5: Paytm, ACC, SpiceJet & More]” is likely outdated since today’s date is April 23, 2024 and the article refers to September 5th. Stock market news can change rapidly, so looking at news from September 2023 wouldn’t be relevant to today’s market conditions.
If you’re interested in stocks to watch, I can’t provide specific recommendations, but I can suggest some resources to help you find current information:
- Financial news websites:Â Sites like Moneycontrol (https://www.moneycontrol.com/) or The Economic Times (https://m.economictimes.com) provide daily market news and analysis.
- Stock screeners:Â These online tools allow you to filter stocks based on various criteria like industry sector, market capitalization, or recent performance.
- Financial advisors:Â A professional advisor can give you personalized investment advice based on your risk tolerance and financial goals.
Remember, investing always involves risk, so it’s important to do your own research before making any investment decisions.