paytm shares: Stocks in news: Paytm, Indus Towers, Vedanta, Cipla, Gland Pharma

Domestic markets began the week with modest gains, continuing the prevailing positive trend. In today’s trade, shares of Paytm, Indus Towers, Vedanta, Cipla, Gland Pharma among others will be in focus due to various news developments.

Paytm

Goldman Sachs sold 44.20 lakh shares of One 97 Communications on Tuesday via block deal for Rs 183.44 crore.

Indus Towers
Vodafone Group is likely to sell shares up to $1.1 billion in Indus Towers via a block deal and the offer price range for the block deal is is expected at Rs 310-341 per share.

Vedanta
Vedanta Ltd expects to monetise its steel and raw materials business in the first half of the current financial year, chairman Anil Agarwal said.Cipla
Cipla said it will invest an additional 3 million euros in Germany-based Ethris, that’s developing potential therapies against respiratory diseases based on its proprietary mRNA technology platform.

Gland Pharma
Fosun Pharma will likely trim its stake around 5% in Gland Pharma through block deals after being unable to offload it in one go, according to reports.

ZEE
Zee Entertainment elevated Mukund Galgali as an acting CFO of the company after Rohit Kumar Gupta decided to step down from the position.

Tata Technologies
Tata Technologies partnered with Microsoft and Tata Motors to drive innovation with the InnoVent hackathon for engineering students, focused on Generative AI.

ZF Commercial Vehicle Control Systems
Wabco Asia is likely to sell 5% equity of ZF Commercial Vehicle Control Systems India through a block deal, according to reports.

Craftsman Automation
Craftsman Automation launched its QIP on Tuesday and set a floor price at Rs 4,426.11 per share. The company seeks to raise up to Rs 1,200 crore through the offer.

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