Stocks in news: Zomato, Aster DM Healthcare, PCBL, IREDA, Siemens

GIFT Nifty on the NSE IX traded 24 points, or 0.12 per cent, higher at 20,151.5, signaling that Dalal Street was headed for positive start on Wednesday. Here’s a slew of stocks that will be in focus today for various reasons.

Zomato
Chinese payments group Alipay plans to sell its 3.4% stake in food delivery giant Zomato for nearly $400 million through block deals on Wednesday.

Tata Power
Tata Power’s renewable energy arm gets a letter of award for development for a 200 MW firm and dispatchable renewable energy project with SJVN.

Wipro
Wipro launches a continuous compliance solution built on Amazon Security Lake in collaboration with Amazon Web Services.

Read more: Here’s the trading setup for today’s session

PCBL
The Board of PCBL gave in-principle nod to the acquisition, directly or through one of its affiliates, of 212,172 shares of Aquapharm Chemicals for Rs 3,800 crore.

Aster DM Healthcare
Aster DM Healthcare Board approved sale of GCC entities to Alpha GCC Holdings for $1.01 billion.

Siemens
Siemens reported consolidated revenue of Rs 5808 crore in the fourth quarter, up 25% year-on-year, while net profit fell 12% year-on-year to Rs 571 crore.

Havells
Havells has introduced its Lloyd brand in the Middle East market.

IREDA
Shares of state-owned IREDA will list on the exchanges today. The stock is expected to debut with a premium of 30% over issue price.

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