Several stocks to keep an eye on are Cyient DLM, HDFC Bank, Zee, SBI, Indian Oil, and Hindustan Zinc

Nifty futures, which were down 14.5 points, or 0.07 percent, to 19,443.50, indicated that Dalal Street would begin the week poorly. These stocks will be the subject of today’s attention for a variety of reasons.

HDFC Bank: As a result of the merger, HDFC Bank has supplanted HDFC in all MSCI indices.

Cyient DLM: The company’s stock will make its market debut today. The final offering price had been set at Rs. 265 per share.

Hindustan Zinc: For the current fiscal year, the board of Hindustan Zinc has recommended an interim dividend of Rs 7 per equity share, costing the Vedanta subsidiary Rs 2957 crore.

Zee Entertainment: The Securities and Appellate Tribunal (SAT) will rule on appeals brought by the Zee Entertainment Enterprises promoters against a prior Sebi judgment on Monday.

SBI: This week, the state-run bank might raise up to Rs 10,000 crore in tier-I bonds. However, it will base the actual issuance on the market’s yield level, which has risen over the last two weeks.

Zydus Life Sciences: Following its pre-approval examination of the company’s production site in Ahmedabad, the US FDA noted NIL findings.

Dr. Reddy’s Laboratories (DRL) is expanding into new markets, such as trade generics and infant nutrition, with the goal of breaking into the top five companies’ ranking in the domestic pharmaceuticals business. Analysts believe that the corporation may be able to manage several risks in the Indian branded market with the aid of these fresh arrivals.

Titan: The jewelry segment of the firm, Tanishq, generated sales of Rs. 31,897 crore for the fiscal year that ended on March 31, 2023, accounting for around 88% of the company’s overall revenue. It intends to launch 18 more outlets, mostly in the Gulf.

Aurobindo Pharma: To commercialize BFI-751, a potential Sterlara biosimilar, the company’s affiliate CuraTeQ Biologics has signed an exclusive license deal with US-based BioFactura.

IDBI Bank would sell up to 22.20 million shares of National Securities Depository (NSDL) in the forthcoming IPO, according to HDFC Bank and IDBI Bank. The depository said that its six owners, including HDFC Bank, Union Bank, and SBI, would sell 57.3 million shares in the IPO.

Indian Oil (IOC): The oil marketing powerhouse gave the go-ahead on Friday for a rights offer of equity shares to raise Rs 22,000 crore.