STOCKS IN ACTION 12 February
One 97 Communication: The company formed a group advisory committee to work with the company's board to strengthen compliance and regulatory matters.
Vedanta: The company completed repayments to its bondholders on Feb. 7 in line with the consents it received earlier in the year, in which maturities of $3.2 billion in bonds were successfully extended to 2029.
Adani Power: The company has clarified that it has submitted a resolution plan for the acquisition of Lanco Amarkantak Power but has still not received any communication from the Resolution Professional.
Power Grid Corp.: The company acquired Bidar Transmission (power transmission company) for
Rs 18.88 crore.
Navin Fluorine: Life Insurance of India increased its stake in the company to 7.07% from 5.03%
earlier.
Jindal Stainless: The stainless-steel manufacturer signed a contract with the micro, small and medium enterprises technology centre, Visakhapatnam, for manufacturing value-added products for the missile and satellite launch vehicle segments.
Tata Group: firm Voltas is facing a major headwind in Qatar as around ₹750 crore has been stuck due to delays in the realisation of overdue receivables and execution timelines, said its MD and CEO Pradeep Bakshi
Divi's Laboratories: reported 17% year-on-year (YoY) increase in its net profit to ₹358 crore for the October-December quarter of the current financial year.
JSW: Group to invest ₹40,000 crore to set up EV facilities in Odisha
@daytradertelugu
One 97 Communication: The company formed a group advisory committee to work with the company's board to strengthen compliance and regulatory matters.
Vedanta: The company completed repayments to its bondholders on Feb. 7 in line with the consents it received earlier in the year, in which maturities of $3.2 billion in bonds were successfully extended to 2029.
Adani Power: The company has clarified that it has submitted a resolution plan for the acquisition of Lanco Amarkantak Power but has still not received any communication from the Resolution Professional.
Power Grid Corp.: The company acquired Bidar Transmission (power transmission company) for
Rs 18.88 crore.
Navin Fluorine: Life Insurance of India increased its stake in the company to 7.07% from 5.03%
earlier.
Jindal Stainless: The stainless-steel manufacturer signed a contract with the micro, small and medium enterprises technology centre, Visakhapatnam, for manufacturing value-added products for the missile and satellite launch vehicle segments.
Tata Group: firm Voltas is facing a major headwind in Qatar as around ₹750 crore has been stuck due to delays in the realisation of overdue receivables and execution timelines, said its MD and CEO Pradeep Bakshi
Divi's Laboratories: reported 17% year-on-year (YoY) increase in its net profit to ₹358 crore for the October-December quarter of the current financial year.
JSW: Group to invest ₹40,000 crore to set up EV facilities in Odisha
@daytradertelugu
