STOCKS IN ACTION 15 JANUARY
Lupin : gets a third USFDA approval in less than a week — the latest is for a new drug to treat blood pressure and migraine
Tata Consumer Products: The company has agreed to buy Capital Foods Pvt., the owner of Ching's Secret and Smith & Jones, and Fabindia-backed Organic India in two separate deals valued at about Rs 7,000 crore as it expands its portfolio of high-margin businesses. The board will meet on Jan. 19 to consider fundraising via equity or debt issues.
Adani Enterprises: Unit Adani New Industries received the Letter of Award to set up a manufacturing capacity of 198.5 megawatts per annum for electrolysers under the Strategic Interventions for Green Hydrogen Transition scheme from Solar Energy Corp.
Bharat Heavy Electricals, NLC India: BHEL received a letter of award worth Rs 15,000 crore for an
EPC package for the 3x800 MW Talabira thermal power project from NLC India.
Life Insurance Corp: The state-run insurer received a tax demand worth Rs 1,370.6 crore from the Mumbai tax authority.
Avalon Technologies: The company entered into an agreement with the Centre for Development of Advanced Computing for indigenously manufactured HPC servers, 'RUDRA'.
Sheela Foam: The company has completed the acquisition of a 2.57% stake in KEL for Rs 55.33
crore. The company now holds 97.23% of KEL.
Emudhra: The company opened its QIP at a floor price of Rs 443.56, which indicates a discount of 5% to the current market price.
Century Plyboards: The company's newly set-up laminate unit started its commercial production on Jan. 12.
Goodluck India: The company opened its QIP at Rs 989.40 per share, which indicates a discount of 10% to the current market price.
Anant Raj: The company opened its QIP at Rs 310.78 per share, which indicates a discount of 5% of the current market price.
IRB Infrastructure Trust: The company has now executed concession agreements with the National Highways Authority of India for the tolling, operation, maintenance and transfer of the Kota Bypass and Cable Stay Bridge on NH-76 in Rajasthan and the Gwalior-Jhansi section. The estimated cost of the project is Rs 1,896 crore.
All Cargo Gati: The company total monthly volume, including surface and air express, stood at 105 kilo tonne, up 7% YoY.
Hampton Sky Realty: The company received approval to start construction of the hospital project under the name of Hampton Narayana Super Speciality Hospital in Chandigarh, with a projected investment of Rs 200 crore.
Kaynes Technology: The company will acquire Mixx Technologies for a consideration of $30 million to establish itself as a "silicon to systems" manufacturer for artificial intelligence and high-performance computing infrastructure. Post-acquisition, it will hold a 13.20% stake in Mixx Technologies.
Dilip Buildcon: The company sold its entire 51% stake in DBL Nidagatta Mysore Highways for Rs
61.6 crore.
Alkem Laboratories: The company appointed Nitin Agrawal as the Chief Financial Officer w.e.f.
Feb. 1. A cyber security incident happened at the company's subsidiary, which compromised the business email IDs of certain employees. The incident resulted in a fraudulent transfer of funds of approximately Rs 52 crore.
Hazoor Multi Projects : Dineshkumar Laxminarayan Agrawal resigns as CFO of the company w.e.f. Jan 13. Satya Narayan Tripathi appointed as CFO w.e.f. Jan 15
AnantRaj launches QIP to raise up to ₹500 cr at ₹296/sh; 4.8% discount to SEBI floor price
Dilution: 4.95% of post-issue paid-up equity share
Gulshan Polyols : appoints Vinod Chauhan as Senior GM - Operations w.e.f January 13, 2024
Lupin : gets a third USFDA approval in less than a week — the latest is for a new drug to treat blood pressure and migraine
Tata Consumer Products: The company has agreed to buy Capital Foods Pvt., the owner of Ching's Secret and Smith & Jones, and Fabindia-backed Organic India in two separate deals valued at about Rs 7,000 crore as it expands its portfolio of high-margin businesses. The board will meet on Jan. 19 to consider fundraising via equity or debt issues.
Adani Enterprises: Unit Adani New Industries received the Letter of Award to set up a manufacturing capacity of 198.5 megawatts per annum for electrolysers under the Strategic Interventions for Green Hydrogen Transition scheme from Solar Energy Corp.
Bharat Heavy Electricals, NLC India: BHEL received a letter of award worth Rs 15,000 crore for an
EPC package for the 3x800 MW Talabira thermal power project from NLC India.
Life Insurance Corp: The state-run insurer received a tax demand worth Rs 1,370.6 crore from the Mumbai tax authority.
Avalon Technologies: The company entered into an agreement with the Centre for Development of Advanced Computing for indigenously manufactured HPC servers, 'RUDRA'.
Sheela Foam: The company has completed the acquisition of a 2.57% stake in KEL for Rs 55.33
crore. The company now holds 97.23% of KEL.
Emudhra: The company opened its QIP at a floor price of Rs 443.56, which indicates a discount of 5% to the current market price.
Century Plyboards: The company's newly set-up laminate unit started its commercial production on Jan. 12.
Goodluck India: The company opened its QIP at Rs 989.40 per share, which indicates a discount of 10% to the current market price.
Anant Raj: The company opened its QIP at Rs 310.78 per share, which indicates a discount of 5% of the current market price.
IRB Infrastructure Trust: The company has now executed concession agreements with the National Highways Authority of India for the tolling, operation, maintenance and transfer of the Kota Bypass and Cable Stay Bridge on NH-76 in Rajasthan and the Gwalior-Jhansi section. The estimated cost of the project is Rs 1,896 crore.
All Cargo Gati: The company total monthly volume, including surface and air express, stood at 105 kilo tonne, up 7% YoY.
Hampton Sky Realty: The company received approval to start construction of the hospital project under the name of Hampton Narayana Super Speciality Hospital in Chandigarh, with a projected investment of Rs 200 crore.
Kaynes Technology: The company will acquire Mixx Technologies for a consideration of $30 million to establish itself as a "silicon to systems" manufacturer for artificial intelligence and high-performance computing infrastructure. Post-acquisition, it will hold a 13.20% stake in Mixx Technologies.
Dilip Buildcon: The company sold its entire 51% stake in DBL Nidagatta Mysore Highways for Rs
61.6 crore.
Alkem Laboratories: The company appointed Nitin Agrawal as the Chief Financial Officer w.e.f.
Feb. 1. A cyber security incident happened at the company's subsidiary, which compromised the business email IDs of certain employees. The incident resulted in a fraudulent transfer of funds of approximately Rs 52 crore.
Hazoor Multi Projects : Dineshkumar Laxminarayan Agrawal resigns as CFO of the company w.e.f. Jan 13. Satya Narayan Tripathi appointed as CFO w.e.f. Jan 15
AnantRaj launches QIP to raise up to ₹500 cr at ₹296/sh; 4.8% discount to SEBI floor price
Dilution: 4.95% of post-issue paid-up equity share
Gulshan Polyols : appoints Vinod Chauhan as Senior GM - Operations w.e.f January 13, 2024
