Stocks To Watch: Reliance Industries, Hero MotoCorp, UCO Bank And More

The Nifty Futures on the Singapore Exchange, an early indicator of Nifty performance in India, dropped 0.2 percent to 8,717.

Here are the stocks to watch for in today’s session:

• Reliance Industries: Reliance Jio makes operator-wise call drop data live.
  

*Vodafone rolls out free 4G data plan to counter Jio impact.

• Bosch: Scheduled a buyback at Rs 23,000 per share, which will open on October 6 and close on October 21.
  
• Hero MotoCorp: Company adds to premium portfolio with Next Gen Achiever - 150, priced at Rs 62,800.
  
• IRB Infrastructure: Bagged a Rs 2,100-crore six-laning project for 113.8 kilometers of the Udaipur to Rajasthan highway, from the NHAI.
  
• Sintex Industries: Directors approved a rights issue of 7.7 crore fully paid equity shares of Re 1 face value for Rs 65 per share.
  
• Bank of Maharashtra: Appoints Ravindra Prabhakar Marathe as the Managing Director and Chief Executive Officer of the bank. Marathe, who was an executive director at Bank of India, replaced Sushil Muhnot who was relieved of his duty.
  
• Mahindra & Mahindra: Company’s 4.75 billion non-convertible debentures rated as ‘IND AAA’/Stable by India Ratings.
  
• IIFL Holdings: Company approved allotment of 4.3 crore compulsorily convertible preference shares and 100 equity shares worth Rs 231.92 per share to CDC Group as an investment of CDC in India Infoline Finance.
  
• UCO Bank: The bank issued 18.7 crore equity shares for Rs 41.45 per share to the government of India, raising its stake to 80.36 percent from 77.54 percent.
  
• Power Mech Projects: Bagged a Rs 107.27 crore order for commissioning a boiler and installation of a power block for Rs 38.19 crore.
  
• TCS Limited: Ranked one on the 2016 IDC financial insights FinTech rankings top 100.
  
• Satin Creditcare Network: Company’s Rs 250 crore qualified institutional placement opened on Monday with a floor price of Rs 580.92 per share.
  
• Pfizer & Piramal Enterprises: Pfizer agreed to sell four of its products to Piramal Enterprises for Rs 110 crore.
  
• 8K Miles Software Systems: Company to carry out stock split and bonus issue on October 13, 2016.
  
• Capital First: Company to consider issue of non-convertible debentures on private placement on September 29.
  

Media Reports

• ONGC: Central Government considering sale of 5 percent stake in the company (Financial Express)
  
• Lanco: To look to start $1 billion power assets sale (Financial Express)
  
• Jet Airways: Company plans joint venture with Air France-KLM (Business Standard)
  
• L&T Finance: Company in talks with Bain, Canada’s CPPIB and NewQuest, looking to sell private equity portfolio. Deal to be completed within a few months. (Economic Times)
  

AGMs To Watch

• Reliance Capital: Company to approve private placement of non-convertible debentures within overall borrowing limit. reliance Capital will also issue securities to qualified institutional buyers.
  
• Reliance Infrastructure: To issue NCDs on private placement basis.
  
• Fortis Healthcare: Company to raise upto Rs 5,000 crore through issue of equity or quasi-equity instruments.
  
• Dalmia Bharat: The Conglomerate is to increase borrowing limit to Rs 1,000 crore.
  
• RSWM Limited: Textile manufacturer to Create charge of company assets in favour of Oriental Bank of Commerce and second charge on consortium of banks up to Rs 970 crore.