When markets resume trading today, Vodafone Idea, Tata Motors, NHPC, Brookfield India REIT, Premier Polyfilm, Torrent Power and Datamatics Global Services among others, will be in focus due to various related developments or quarterly earnings.
Read more: Here's the trade setup for today's session
Vodafone Idea
Debt-ridden telecom company Vodafone Idea's board of directors on Monday approved issuance of up to 1,75.53 crore equity shares worth Rs 1,980 crore on a preferential basis. The company has set the issue price at Rs 11.28 per share. The shares aggregating up to Rs 1,280 crore will be issued to Omega Telecom Holdings Private Limited while worth Rs 700 crore to Usha Martin Telematics Limited. Both are Vodafone Group entities and promoters of the company.
Tata Motors
Indian carmaker Tata Motors said on Monday it will hike prices of its cars, including electric vehicles, by up to 3% from January, joining a slew of automakers that raised prices to battle rising costs.
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