STOCKS IN ACTION 5 February
Bajaj Finance: The non-banking financial company will acquire a 7% stake on a fully diluted basis in RMBS Development Co. for an undisclosed amount.
Aurobindo Pharma: The USFDA inspected the company's unit in Telangana and closed with nine inspections. The company temporarily stopped manufacturing on certain lines.
India Cements: The Enforcement Directorate searched the company's Chennai office and was looking into certain forex transactions done by associate company India Cements Capital.
H.G. Infra Engineering: The company received a letter of acceptance from the Central Railway for a Rs 716 crore construction project.
Mahindra and Mahindra Financial Services: The company reported disbursement at Rs 4,440
crore, up 11% YoY, and collection efficiency at 95%.
Cochin Shipyard: The company received a contract worth Rs 150 crore from the Indian Navy for medium refits of two vessels.
Torrent Pharmaceuticals: Sudhir Mehta will step down as director and continue to be the chairman emeritus, effective April 1.
Atul: The company completed capacity expansion at the DCDPS plant and approved an investment of Rs 99.5 crore for expansion.
Torrent Power: The company will set up 150 MW of solar power projects at four of Shapoorji's desalination plants.
India Glycols: The company expanded the capacity of the grain-based distillery plant in Gorakhpur to 290 KLPD from 110 KLPD.
Air India: has taken the delivery of its second Airbus A350 aircraft
@daytradertelugu
Bajaj Finance: The non-banking financial company will acquire a 7% stake on a fully diluted basis in RMBS Development Co. for an undisclosed amount.
Aurobindo Pharma: The USFDA inspected the company's unit in Telangana and closed with nine inspections. The company temporarily stopped manufacturing on certain lines.
India Cements: The Enforcement Directorate searched the company's Chennai office and was looking into certain forex transactions done by associate company India Cements Capital.
H.G. Infra Engineering: The company received a letter of acceptance from the Central Railway for a Rs 716 crore construction project.
Mahindra and Mahindra Financial Services: The company reported disbursement at Rs 4,440
crore, up 11% YoY, and collection efficiency at 95%.
Cochin Shipyard: The company received a contract worth Rs 150 crore from the Indian Navy for medium refits of two vessels.
Torrent Pharmaceuticals: Sudhir Mehta will step down as director and continue to be the chairman emeritus, effective April 1.
Atul: The company completed capacity expansion at the DCDPS plant and approved an investment of Rs 99.5 crore for expansion.
Torrent Power: The company will set up 150 MW of solar power projects at four of Shapoorji's desalination plants.
India Glycols: The company expanded the capacity of the grain-based distillery plant in Gorakhpur to 290 KLPD from 110 KLPD.
Air India: has taken the delivery of its second Airbus A350 aircraft
@daytradertelugu
