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Stocks to Watch Today: Tata Power, Godrej Properties and Key Market Updates
M
Moneycontrol•08-10-2026, 07:01
Stocks to Watch Today: Tata Power, Godrej Properties and Key Market Updates
- •Tata Consultancy Services, GM Breweries and other firms are releasing their quarterly earnings today.
- •PC Jeweller reported a 28 percent growth in consolidated revenue and achieved debt-free status.
- •Tata Power partnered with Ocean Sun to introduce floating solar technology in India.
- •Several banks including Punjab National Bank and Bank of Baroda raised their repo-linked lending rates.
- •Goldman Sachs executed bulk deals involving JTL Industries and AceVector.
Key Questions Answered
Several banks increased their external benchmark repo-linked lending rates effective October 8, including Karur Vysya Bank to 8.80%, Indian Overseas Bank and Punjab National Bank to 8.35%, Indian Bank to 8.20%, Tamilnad Mercantile Bank to 8.50%, and Bank of Baroda to 5.50%.
Ola Electric Mobility's board approved a rights issue worth Rs 999.73 crore at Rs 27 per share. The record date for eligible shareholders is October 13, and the rights issue will open on October 22 before closing on October 30.
RPP Infra decided to withdraw from its role as Joint Developer in the Legend 96 residential project due to approval delays, financing challenges, proposed security arrangements, and alterations to the agreed revenue-sharing arrangement.
