Stocks To Watch To Trade
Adani Enterprises: The company, through its subsidiary Adani Road Transport signed a share purchase agreement with Macquarie Asia Infrastructure Fund India to 100% stake in Andhra Pradesh toll roads portfolio and 56.8% stake in Gujarat Road and Infrastructure. Total consideration is Rs 3,110 crore.
Adani Ports & SEZ: AD Ports and Adani Ports signed a key agreement for strategic joint investments in end-to-end logistics infrastructure and solutions in Tanzania. It will include rail, maritime services, port operations, digital services, an industrial zone and the establishment of maritime academies in Tanzania.
Axis Bank: The bank has terminated the agreement with OpenPayd Holdings for sale of its UK arm. The parties have mutually decided not to go ahead with the transaction. The bank will now initiate the winding up process of Axis Bank UK
Berger Paints: The company has appointed Vikash Sarda as the Chief Financial Officer with effect from October 1.
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