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Stocks to watch: Wipro, Tata Steel, Gillete India, Centrum Capital

Jatin Batra by Jatin Batra
August 25, 2021
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The board of Gillete India has recommended a dividend of Rs 36 per share for the fiscal year June 30, 2021

Domestic stock markets are likely to open green and extend the rally from the previous session, based on positive global signals. Wall Street ended higher on a late summer, mild volume rally on Tuesday, as the FDA’s full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive. Shares in Asia-Pacific rose largely in early trading on Wednesday, as optimism continued to drive US stocks. Trends on SGX Nifty point to a positive opening for the Nifty, with a gain of 74 points.

On Tuesday, the Sensex jumped 0.73 percent and the Nifty closed the day with a 0.78 percent gain.

Stocks to watch in today’s session trading

wipro

Wipro has been awarded a strategic multi-year contract to partner with E.ON in their digital transformation journey in the financial field. The company will open a new delivery center in Sherwood, Arkansas.

Tata Steel

Brickwork Ratings has upgraded the ratings for the unsecured non-convertible bonds/bonds by a total of Rs 4000 crore of the company from BWR AA/Stable to BWR AA+/Stable.

Gillete India

The board of Gillete India has recommended a dividend of Rs 36 per share for the fiscal year ended June 30, 2021.

Center capital

The board of directors of Centrum Capital has approved the transfer of the entire business of its two material wholly owned subsidiaries to the proposed retiring subsidiary through a slump sale.

Tags: capitalCentrumGilleteindiaNewsMadurasteelstocksTatawatchWipro
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