3 trending stocks to watch out for today – 3 trending stocks to watch out for today
Tata Elxsi : The company has teamed up with Kaltos Global to create a unique driver rewards program by connecting the Kaltos Global blockchain mechanism to its Tether Connected Vehicle platform. A new approach to positively influencing driver behavior is made possible by this innovative idea of tracking driver behavior using rich analytics on a cloud-first tether-connected vehicle platform. It is enhanced with ADAS and driver monitoring features and boosted by high-reliability.
Massis: Mhasis Consultancy, a wholly owned subsidiary of Mhasis, has signed a legally binding agreement to purchase 100% of eBECS, a wholly owned subsidiary of DXC UK International Operations. Services provided by eBECS include Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Mobile, Field Services, Data Analytics, Business Intelligence (BI), Internet of Things (IoT) and Cloud and Managed Services.
Aditya Birla Capital : Aditya Birla Capital (ABCL) rose 2.6% on June 2. Then one of its subsidiaries invested in the company’s preferred shares. Grasim Industries and holding firm Surya Kiran Investments, the parent business of ABCL, respectively, in preference shares worth Rs. 1,000 crore and Rs. 250 crore, the company said in a statement on June 1. It touched a 52-week high of Rs 176.55 on the BSE, up 2.59% from its previous close at 9.30 am on Friday. Out of a total equity fund raising of up to Rs 3,000 crore, the company’s board of directors has allotted preference shares of Rs 1,250 crore at a price of Rs 165.10 per share to its promoters and promoter group entities.
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