Steel stocks, Hindustan Unilever Ltd. and Coal India Ltd. will be among the stocks that are set to see some action going into trade on Tuesday.

  • Tata Steel: The government has imposed a 12% safeguard duty on some steel imports. These steel safeguard duties will apply to imports from developed economies.

  • JSW Steel: The 12% safeguard duties will apply to imports from developed economies, China, and Vietnam for a period of 200 days.

  • Steel Authority of India: The government’s safeguard duties are broadly in place to protect Indian players from cheap Chinese steel imports.

  • HUL: The company has completed the acquisition of a 90.5% stake in Uprising Science Pvt., the company that owns The Minimalist skincare brand, for Rs 2,706 crore.

  • Vedanta: Vedanta has entered into a facility agreement with Twin Star Holdings for $530 million, intended for servicing the financial indebtedness of Vedanta Resources.

  • Tata Power: The company has tied up with Tata Motors to set up a 131 megawatt wind-solar hybrid project.

  • Coal India: Coal India has entered into a non-binding agreement with Damodar Valley Corp. to set up ultra supercritical units for the Jharkhand Thermal Power Station.

  • One 97 Communications: The arm of One 97 Communication, Paytm Money, has introduced reduced interest rates and a revised brokerage for margin trading funding to drive affordability and accessibility for investors.

  • Mazagon Dock Shipbuilders: The defence ministry appointed Jagmohan as MD and chairperson. He served for over 25 years with the Indian Navy, during which he held several important assignments in the Directorate of Naval Design and at Naval Dockyard, Mumbai.

  • Nippon Life India Asset Management: The AMC has fully restored its core operating systems for the management of funds. The company’s mobile application and website are now fully functional and operating normally, with no material impact on operations reported.

  • Pitti Engineering: The board has appointed Rishab Gupta as chief operating officer, bolstering the company’s leadership team and likely driving operational growth and efficiency.

  • Persistent Systems: The company has received an order from the National Company Law Tribunal to merge its wholly-owned subsidiary, Capitol Software, with the company, streamlining its corporate structure.

  • Polo Queen Industrial & Fintech: The company has announced that Udit Sanghai is stepping down as chief financial officer, marking a change in the company’s financial leadership.

Q4 Earnings

AU Small Finance Bank, HCL Technologies Ltd. and Mahindra & Mahindra Financial Services Ltd. are among the top names that will announce their earnings for the fourth quarter on Tuesday.

. Read more on Markets by NDTV Profit.One 97 Communications, Mazagon Dock Shipbuilders and Coal India will also be among the stocks to watch.  Read MoreMarkets, Notifications 

​NDTV Profit