STOCKS IN ACTION 20 February
Whirlpool of India: Promoter Whirlpool Mauritius will divest 24% stake at a floor price of Rs 1,230
per share, which indicates a discount of 7.6% to current market price.
Kotak Mahindra Bank: The company appointed Devang Gheewalla as the Chief Financial Officer and a Key Managerial Personnel of the Bank, and appointed Milind Nagnur as the Chief Operating Officer of the Bank.
Torrent Power: The company will develop four projects of pumped storage hydro, green hydrogen, solar energy generation with investment of Rs 25,000 crore in Uttar Pradesh.
Godrej Consumer: The company and its arm will divest entire stake in its in Mauritius-based unit
Godrej East Africa Holdings to HKG Africa Weave for consideration of Rs 30 crore.
CIE Automotive: The company reported a 0.29% decline in revenue at Rs 2,240.39 crore year-on-year in the third quarter, while net profit was down 9.12% at Rs 177.05 crore. The board approved a final dividend of Rs 5 per share.
ONGC: The shareholders of Cyprus-based step-down unit IEL has approved the merger of five arms with itself. The unit will have 3 step-down units in Cyprus post-merger.
Deepak Fertilisers & Petrochemicals: The company entered into a long-term supply agreement for Liquefied Natural Gas with Equinor ASA, Norway.
NBCC: The company received three work orders worth of Rs 369.05 crore.
LT|Mindtree: The company announced the launch of Navisource. Al, a GenAl powered autonomous sourcing platform. The platform aims to reduce overall procurement cost by 10-15%.
Paisalo Digital: The board will consider fundraising on Feb. 22.
Piramal Enterprise: The company to consider fund raising on Feb 22.
Ugro Capital: The company appointed Sharad Agarwal as the Chief Operating Officer, after Om Prakash Sharma resigned.
Marico: The FMCG giant introduced four gourmet style flavours in its flavoured Oats range, under the flagship brand - Saffola.
Rhi Magnestia India: Vijaya Gupta resigned from the position of Chief Financial Officer.
Tasty Bite Eatables: Milin Bande has resigned from the position of Chief Financial Officer.
Astra Microwave Products: The company incorporated a wholly owned subsidiar Astra Space Technologies for Rs 10 lakh.
Hikal: The company appointed Dharmesh Panchal as the Chief technology officer.
Orient Green Power: Edelweiss (Plaintiff) has withdrawn from the suit filed against promoter SVL and the company before the High Court of Bombay.
ABB India, Elantas Beck India: The two companies will announce their quarterly results on Tuesday.
HIMATSINGKA SEIDE:
To Consider Sale Of NCDs Worth Rs 97 Crores To International Finance Corp On February 22 (This Week Thursday)
Air India and Tata Advanced: Systems set for a ₹2,300 crore investment in Karnataka
Paytm's: nodal account shift to Axis Bank means fresh KYC for users: Here's what we know so far
@daytradertelugu
Whirlpool of India: Promoter Whirlpool Mauritius will divest 24% stake at a floor price of Rs 1,230
per share, which indicates a discount of 7.6% to current market price.
Kotak Mahindra Bank: The company appointed Devang Gheewalla as the Chief Financial Officer and a Key Managerial Personnel of the Bank, and appointed Milind Nagnur as the Chief Operating Officer of the Bank.
Torrent Power: The company will develop four projects of pumped storage hydro, green hydrogen, solar energy generation with investment of Rs 25,000 crore in Uttar Pradesh.
Godrej Consumer: The company and its arm will divest entire stake in its in Mauritius-based unit
Godrej East Africa Holdings to HKG Africa Weave for consideration of Rs 30 crore.
CIE Automotive: The company reported a 0.29% decline in revenue at Rs 2,240.39 crore year-on-year in the third quarter, while net profit was down 9.12% at Rs 177.05 crore. The board approved a final dividend of Rs 5 per share.
ONGC: The shareholders of Cyprus-based step-down unit IEL has approved the merger of five arms with itself. The unit will have 3 step-down units in Cyprus post-merger.
Deepak Fertilisers & Petrochemicals: The company entered into a long-term supply agreement for Liquefied Natural Gas with Equinor ASA, Norway.
NBCC: The company received three work orders worth of Rs 369.05 crore.
LT|Mindtree: The company announced the launch of Navisource. Al, a GenAl powered autonomous sourcing platform. The platform aims to reduce overall procurement cost by 10-15%.
Paisalo Digital: The board will consider fundraising on Feb. 22.
Piramal Enterprise: The company to consider fund raising on Feb 22.
Ugro Capital: The company appointed Sharad Agarwal as the Chief Operating Officer, after Om Prakash Sharma resigned.
Marico: The FMCG giant introduced four gourmet style flavours in its flavoured Oats range, under the flagship brand - Saffola.
Rhi Magnestia India: Vijaya Gupta resigned from the position of Chief Financial Officer.
Tasty Bite Eatables: Milin Bande has resigned from the position of Chief Financial Officer.
Astra Microwave Products: The company incorporated a wholly owned subsidiar Astra Space Technologies for Rs 10 lakh.
Hikal: The company appointed Dharmesh Panchal as the Chief technology officer.
Orient Green Power: Edelweiss (Plaintiff) has withdrawn from the suit filed against promoter SVL and the company before the High Court of Bombay.
ABB India, Elantas Beck India: The two companies will announce their quarterly results on Tuesday.
HIMATSINGKA SEIDE:
To Consider Sale Of NCDs Worth Rs 97 Crores To International Finance Corp On February 22 (This Week Thursday)
Air India and Tata Advanced: Systems set for a ₹2,300 crore investment in Karnataka
Paytm's: nodal account shift to Axis Bank means fresh KYC for users: Here's what we know so far
@daytradertelugu
