Stocks To Watch: PowerGrid Corporation, Godrej Properties

Edited by Peter Noronha

10 Mar 2021, 08:44 AM IST

Godrej Properties has launched its QIP issue and fixed floor price at Rs 1,513.39 per share

The domestic stock markets are likely to open in the green, continuing with the gains witnessed in the previous session, on the back of positive global cues. Trends on SGX Nifty indicate a positive opening for the index in India, with a 63-points gain. At 7:30 am, the Nifty futures were trading at 15,223, higher by 63 points or 0.56 per cent, on the Singapore Stock Exchange.

On Tuesday, the BSE Sensex had rallied 584.41 points, or 1.16 per cent, to 51,025.48 and Nifty was up 142.20 points, or 0.95 per cent, at 15,098.40.

Stocks to watch in trade in today's session (March 10, 2021)

PowerGrid Corporation of India

PowerGrid Corporation has acquired Ramgarh New Transmission, the Project SPV to establish transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan. The transmission system comprises a new 400/220kV substation, 400kV DIC transmission lines and associated Substation extension works in Rajasthan.

Godrej Properties

Godrej Properties has launched its qualified institutional placement (QIP) issue and fixed the floor price at Rs 1,513.39 per share.