Stocks In Focus Today 4 September, 2024: GIFT Nifty is indicating a negative start in BSE Sensex and NSE Nifty 50 on Wednesday. At around 8 am, GIFT Nifty is at 25177.5 with a weakness of 65 points or 0.26%. Meanwhile, many stocks will be in focus today. Keep an eye on these stocks due to different news. Know the list of such stocks.

Stocks Turn Ex-Dividend Today: These stocks have ex-dividend date today

Hikal, MAS Financial Services, Parag Milk Foods, GC Ventures, Prince Pipes & Fittings, RACL Geartech, Reliance Chemotex Industries, SP Capital Financing and Uni Abex Alloy Products

Stocks In Focus Today 4 September, 2024 Tuesday

AU Small Finance Bank

The bank has applied to the Reserve Bank of India (RBI), seeking approval for voluntary transformation from a Small Finance Bank to a Universal Bank.

General Insurance Corporation of India

The Government of India will sell a 6.78% stake (including a greenshoe option of 3.39%) in this company through an offer-for-sale (OFS) on September 4-5. The OFS will open for non-retail investors on September 4, while retail investors and employees can participate on September 5. The floor price has been fixed at Rs 395 per share.

Godfrey Phillips India

The company has agreed to sell its retail business 24Seven to retail startup New Shop. The deal is expected to be completed by the end of September. Under the term sheet, the process of transferring the stores to New Shop has begun, which operates 160 24X7 stores across 35 cities.

Sudarshan Chemical Industries

Sudarshan Chemical is in the race to acquire its German rival, Heubach GmbH, which filed for bankruptcy in Germany on April 23, 2024, due to a heavy debt burden. Sudarshan Chemical has submitted the bid to the bankruptcy administrator.

Mankind Pharma

The company has agreed to transfer its over-the-counter (OTC) business unit to its subsidiary, Mankind Consumer Products (MCPPL), on a slump sale basis.

Cipla

M K Hamied has resigned from his position as the vice chairman and non-executive director of the pharma company due to age and health reasons, effective October 29. The board has appointed Adil Zainulbhai and Abhijit Joshi as additional non-executive directors of the company, effective September 3.

Disclaimer: Here mainly information about those stocks has been given which will be in discussion today due to the news. Investment advice is not being given here. There is risk in the equity market, so invest at your own risk. Do take expert advice before investing.