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15 Mar 2024 04:08

STOCKS IN ACTION 15 MARCH

FTSE and Sensex Rejig: Nuvama Institutional Equities expects that India will see an inflow of over $1.7 billion, mainly from the financial space. The FTSE rejig is set to happen on Friday.

Oil Marketing Companies: OMCs will cut petrol and diesel prices by Rs 2 per litre from Friday.

Wipro: The IT major has been selected by Desjardins to transform their credit solutions for members and clients.

One 97 Communication: The National Payments Corporation of India has granted approval to the company to participate in UPI as a third-party application provider under the multi-bank model.

NHPC: The company has received a letter of intent for a 200 MW solar power project at Khavda from Gujarat Urja Vikas Nigam.

TVS Motor: The company's Singapore arm will invest $5.5 million in lon Mobility.

Railtel Corp: The company received a work order worth Rs 113.5 crore from the Odisha Computer Application Centre to establish IP-MPLS network connectivity in Odisha.

Tata Steel: The board is meeting on March 19 to approve fundraising.

Dr.Reddy's Laboratories: The Mexican arm was fined Rs 28.8 crore in a tax litigation case.

JSW Energy: The company received a letter of intent for 300 MW of solar capacity from Gujarat
Urja Vikas Nigam at Khavda RE Park.

KP| Green Energy: The company received an order for a 50MW wind-solar hybrid power project from Gujarat Urja Vikas Nigam.

Ashok Leyland: The company arm Hinduja Tech signed a definitive agreement with Creador to invest $50 million and acquire a 19.6% stake in the arm.

Tata Consumer Products: The company will consider a share-based long-term incentive plan for the grant of performance share units to eligible employees.

Navin Fluorine International: The company approved an additional investment of Rs 250 crore in the arm of Navin Fluorine Advanced Sciences.

Shakti Pumps: The company received a Rs 93 crore order from the Maharashtra Energy Department to design, manufacture, install, and supply 3,500 solar photovoltaic water pumping systems.

Sarveshwar Foods: The company will export white rice to Africa for $6 million.

Eris Lifesciences: The company entered into a pact to acquire 19% equity in Swiss Parenterals from the promoters of the company for Rs 238 crore.

Innova Captab: Gaurav Srivastava resigned from the position of chief financial officer effective
March 29.

Gujarat Fluorochem: The company incorporated its arm, IGREL Mahidad for power generation.

InterGlobe Aviation: The company introduced 11 new codeshare routes across Australia in a pact with Qantas Airways.

Infibeam Avenues: The company issued a guarantee worth Rs 140 crore on behalf of the arm in favour of IndusInd Bank.

Biocon: Indranil Sen has resigned from the position of chief financial officer, effective today.

Bombay Burmah: The Maharashtra state tax department initiated a search at the company's office on March 13.

Network18 Media: Digital18 Media ceases to be an arm of the company consequent to the transfer of its stake in the arm to Viacom 18 Media.

Mukka Proteins: The company received purchase orders worth Rs 15.25 crore from Avanti Feeds for the supply of fish oil.

Shalby: The company secured a Rs 100 crore term loan agreement with Bajaj Finance for acquiring 100% equity shares of Healer's Hospital, both for private and general corporate purposes.