Stock to watch-out on Thursday, 29-August, include Vodafone Idea, Nestle India and Indiabulls Housing based on their company prospects:
Vodafone Idea: The Company’s share-holders have approved to mop up its authorized share capital to Rs.50000-crore.
Vodafone Idea stock on Thursday opened at Rs.5/per share and is trading 4% higher in the very morning, on the NSE.
Nestle India Ltd V/s Indiabulls Housing Ltd: The FMCG Company Nestle India will replace Indiabulls Housing Finance to enter the Nifty-50 index from Sept-27, according to NSE Indices statement on Wednesday. Also, as another development, Indiabulls Housing Finance share-holders approved upto Rs.1.5 lakh crore NCDs in FY2020.
Nestle India Ltd stock on Thursday opened at Rs.12643/per share and is trading 1.82% higher in the morning, on the NSE, while IndiaBulls Housing Finance opened at Rs.432 per share and is trading lower by 6.11% on the NSE, in the very morning.