Stocks in News Today

Our analysts at 5paisa scan through the financial markets and select the few trending stocks in the news and in the limelight for the day. Here is the list of a few trending stocks with their latest News and Updates.

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Trending Stocks Today: 21-Nov-2024

1. Bharti Airtel

Bharti Airtel has entered into a multi-year, multi-billion-dollar agreement with Nokia to enhance its 4G and 5G infrastructure across prominent Indian cities and regions. Under this partnership, Nokia will provide cutting-edge solutions from its 5G AirScale portfolio which includes base stations, baseband units, and advanced Massive MIMO radios.

2. Adani Group stocks

Adani Group stocks are likely to draw significant attention from investors on Thursday, following the indictment of Gautam Adani, chairman of the conglomerate and one of the world's wealthiest individuals. According to U.S. prosecutors, Adani has been accused in New York of involvement in an alleged multibillion-dollar bribery and fraud scheme. Adani group stocks fell around 20% on Thursday after market opening.

3. Dr. Reddy's 

Dr. Reddy's Laboratories reported that the USFDA issued a Form 483 with seven observations for its Bollaram API facility in Hyderabad. The company stated in a regulatory filing, “The US Food & Drug Administration (USFDA) today completed a GMP inspection at our API manufacturing facility (CTO-2) in Bollaram, Hyderabad.”

4. PSP Projects

In an effort to strengthen its construction capabilities, Gautam Adani's Adani Infra will pay ₹685.36 crore to acquire a 30.07% share in PSP Projects. Prahladbhai S. Patel, the head of PSP Projects and its largest stakeholder, will sell his shares to Adani Infra, a division of Adani Group's main business, Adani Enterprises, the construction company announced in a stock exchange statement.

5. Tata Power

Tata Power has partnered with Bhutan's Druk Green Power Corporation to jointly develop at least 5,000 MW of clean energy in Bhutan. This marks a significant collaboration between the two leading power companies in Asia's clean energy sector, the company said in a statement. DGPC, a subsidiary of Druk Holding and Investments Ltd, serves as Bhutan's sole power generation utility.

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