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    Stocks in news: SBI, Godrej Consumer, Inox Wind, SBI Cards, IndiGo

    Synopsis

    The Board of SBI will meet on June 9 to consider and approve for raising funds during FY24 through private placement mode by way of issuance of debt instruments.

    Stocks in newsAgencies
    IndiGo aims to carry 100 million passengers in the year ending March 2024, as the carrier adds more domestic and international routes, its CEO Pieter Elbers said.
    The Nifty futures contract traded on the Singapore Exchange indicates a negative start to domestic equities. The contract was trading at 18,708, down 17 points or 0.09% from the previous close.

    A slew of stocks will be in focus due to the following reasons:

    SBI
    The Board of SBI will meet on June 9 to consider and approve for raising funds during FY24 through private placement mode by way of issuance of debt instruments.

    Godrej Consumer
    Godrej Consumer Board has approved the appointment of Aasif Malbari as Chief Financial Officer (CFO) of the company, effective August 10.

    Read more: What changed the market while you were sleeping

    Adani stocks
    The Adani Group has reduced the debt on books by $2.65 billion through prepayment of share-backed loans and the loan taken to acquire Ambuja Cements.

    Inox Wind
    Inox Wind has issued a clarification after reports suggested that the company is likely to get blacklisted from the central electricity authority. The company said this is a routine operating matter and that the validation is in process.

    SBI Cards
    The Board of SBI Cards has approved a fundraising plan of up to Rs 3,000 crore through issuance of NCDs

    Maruti Suzuki
    India's leading carmaker Maruti Suzuki has started work on two solar power plants at facilities.

    Embassy REIT
    Embassy REIT has successfully raised Rs 1,050 crore of non-convertible debentures at 7.77% coupon.

    HG Infra Engineering
    HG Infra Engineering has received the letter of acceptance from north central for a project worth Rs 677 crore.

    IndiGo
    IndiGo aims to carry 100 million passengers in the year ending March 2024, as the carrier adds more domestic and international routes, its CEO Pieter Elbers said.




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    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2024 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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