Stocks To Watch: Indus Towers, Gland Pharma, Tata Power And Others In News

Here are the key stocks to watch on June 19:Indus Towers: Vodafone Group Plc, one of the promoter entities of Vodafone Idea Ltd, is expected to offload up to 9.94 per cent stake through block deals in mobile-towers operations on Wednesday. The price band for the block deal is fixed between Rs 310-341 per share, which is a discount of up to 10 per cent, compared to Tuesday’s closing price.Gland Pharma: Fosun Pharma Industrial Pte may reduce its stake in Gland Pharma through block deals after being unable to sell in one go. The company will sell 5 per cent in Gland Pharma for around $172 million through block deals. Fosun Pharma will sell 82 lakh shares at a price range of Rs 1,750 per share, a discount of 4.9 per cent to the last close, reported Moneycontrol.Tata Power: Tata Power Renewable Energy, a subsidiary of Tata Power, has deployed over 850 electric vehicle charging points in key metropolitan areas, the company said on Tuesday. TPREL has established a significant presence in cities such as Delhi, Mumbai, Ahmedabad, Bengaluru, Jammu, Srinagar, Dharwad, Lucknow, and Goa. The company has enabled over 2,300 public e-buses nationwide, it stated.

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