Stocks in Focus Today: Indigo Paints, Adani Enterprises, Venus Pipes, Godfrey Phillips, and More

Indian markets ended slightly lower on Thursday during a period of consolidation. Today, several companies like Indigo Paints, Adani Enterprises, Venus Pipes, and others are in the spotlight due to key news updates.

Indigo Paints: Reports suggest that Peak XV Partners Investments (formerly Sequoia India) plans to sell a stake worth ₹750 crore in Indigo Paints via a block deal.

Adani Enterprises: The company has decided to close its public issue early on September 6, instead of the original September 17 deadline.

Angel One: Angel One has cautioned users about a fake website and Instagram page claiming to be affiliated with the firm, offering unrealistic returns.

Pidilite Industries: Pidilite has signed an exclusive distribution deal with CollTech Group for its products.

Venus Pipes: The Directorate of Revenue Intelligence has searched Venus Pipes’ offices over alleged customs duty evasion on imported goods.

Nucleus Software: Nucleus Software will repurchase up to 4.48 lakh shares for ₹72.4 crore at ₹1,615 per share. The buyback will run from September 9 to September 13.

KEC International: The company has secured orders worth ₹1,423 crore for transmission lines in Saudi Arabia.

Ashoka Buildcon: Ashoka Buildcon’s subsidiary, Viva Highways, has sold land in Pune for ₹453 crore.

Godfrey Phillips: The Delhi High Court has allowed Bina Modi to vote on behalf of K Modi’s 48% shares regarding her reappointment.

Rashtriya Chemicals and Fertilizers: The company plans to raise up to ₹1,400 crore via non-convertible debentures (NCDs) in multiple series or tranches.