By Admin 
Stocks to WatchTtoday: There has been continuous movement in the Indian stock market for the last few days. The impact of this dispute arising between Iran and Israel is being seen on the global as well as Indian market. There was a huge decline in the stock market on the trading day of Thursday, March 12.
Sensex fell by 829.29 points or 1.08 percent to close at 76,034.42 points, while NSE Nifty 50 slipped by 227.70 points or 0.95 percent and closed at the level of 23,639.15. Amidst the declining market, some companies have given corporate updates. Due to which when the market opens today, investors may keep their eyes on these selected shares…
Vascon Engineers Share
Vascon Engineers Limited has received a letter of intent from Ahmedabad Municipal Corporation for a project worth about Rs 115.90 crore. Under this project, ‘Lotus Park’ will be developed in about 54,000 square meter area in the south-west area of Ahmedabad.
The company, which has more than four decades of experience in the construction and real estate sector, will complete this project on the EPC model. After knowing this news, investors may keep an eye on company shares today. Due to which movement is expected to be seen in the shares.
DCM Shriram Share
DCM Shriram Limited has approved an investment plan of up to Rs 87 crore, taking steps in the renewable energy sector. The company will invest this amount through one or more Special Purpose Vehicles (SPVs) and in return will hold at least 26 percent stake in those units.
The objective of this initiative is to set up a renewable energy project. So that electricity can be provided to the company’s plant located in Bharuch.
Nectar Lifesciences Limited Shares
Nectar Lifesciences Limited has entered into a deal with Avensis Exports Private Limited regarding inter-corporate loan. Under this agreement, Nectar Lifesciences will be the loan giving company, while Avensis Exports will take this loan.
The special thing is that Avensis Exports is a fully owned subsidiary of Nectar Lifesciences. Therefore this financial arrangement is being done within the same group.
Sigma Advanced Systems Share
Sigma Advanced Systems Limited has sold its entire stake under a deal. The company has sold 36.52 percent of its stake to Swiss pharmaceutical company Extrovis AG for $15 million.
The company has taken this decision to simplify its business. After the news of this big deal, there may be movement in the company shares today.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
Also read: Such news came amidst Iran tension, it will break the back of common people, know what is the reason