News Overview

While exports were flat between April and May, the sharp fall in imports moderated the merchandise deficit

These include Industrial Gas, Cryo-scientific Solutions, LNG and Beverage Kegs.

At close on June 16, the Sensex was up 677.55 points at 82,176.45. Meanwhile, the Nifty was up 227.90 points to end at 25,001.15.

Here are some of the stocks that may see significant price movement today: Hyundai Motor, Biocon, Zee Entertainment, etc.

The board has recommended a ₹2 per share dividend, which is now up for shareholder approval.

Bata India shares have dipped 16% in the last year, 12.96% in the year-to-date, and 2.60% dip in the last month. 

The IPO is being managed by Centrum Capital, Intensive Fiscal Services, and Motilal Oswal Investment Advisors as the book-running lead managers

The buyback will be carried out through the tender offer route, with the company planning to repurchase up to 20 lakh equity shares at a price of ₹875 per share.

Biocon has appointed Kotak Mahindra Capital, Goldman Sachs (India), and BofA Securities India as lead advisors for the transaction

The promoters have opted to pay a premium of ₹3.42 per warrant , a signal, many believe, of their long-term confidence in Zee’s strategic direction.