STOCKS IN ACTION 11 MARCH
Vedanta: The company received warning related to publishing information relating to unlisted ultimate holding company from SEBI.
InterGlobe Aviation: Promoter Rakesh Gangwal will sell up to a 3.3% stake in the company worth at least Rs 3,729 crore, at a floor price of Rs 2,925 apiece.
Gail, ONGC: GAIL, Oil and Natural Gas Corp and Shell Energy India signed a tripartite Memorandum of Understanding to explore opportunities for importing ethane and other hydrocarbons, as well as developing evacuation infrastructure at Shell Energy Terminal, Hazira.
Torrent Power: The company received letter of award worth Rs 1,540 crore from Maharashtra state electricity distribution company for setting up 306 MW grid-connected solar PV projects.
Gujarat Gas: The company and Bharat Petroleum signed an MoU on various fronts to streamline operations and improve service delivery. This MoU includes offering liquid fuels and BPCL's allied petroleum products at select outlets of the company.
Rail Vikas Nigam: The company received a letter of award from Madhya Pradesh Poorv Kshetra Vidyut Vitaran for a broad consideration of Rs 251 crore to supply, install, test and commission
11 KV Line associated works. The company received a LOA worth Rs 889 crore from the Himachal Pradesh state electricity board for the development of distribution infrastructure in the south zone of Himachal Pradesh.
Titagarh Rail Systems: The company received order worth of Rs 1,909 crore from the Railway Board for manufacture and supply of 4,463 BOSM wagons.
NBCC: The company signed an MoU with Bharat Heavy Electronics for redeveloping BHEL's identified properties.
Shyam Metallics and Energy: The company sold 94,143 tonne sponge iron, up 122.9% YoY, and sold 2.34 lakh tonne, up 37.3% YoY, for the month of February.
Agro Tech Foods: The company announced a share subscription agreement with Zest Holding Investments, leading to the investor gaining control over the company.
Tata Communication: The company has opened a new world-class production and delivery facility in Los Angeles - an investment that will support the future development of its services and business growth.
Exide Industries: The company received approval from the NCLT for the scheme of amalgamation between its wholly owned subsidiaries, Exide Energy Solutions and Exide Energy.
Sonata Software: The company has announced the integration of Sonata Harmoni.Al with Microsoft Azure Al service.
PNC Infratech: The company signed pact for construction project worth Rs 1,174 crore in Madhya Pradesh on hybrid annuity mode.
H.G. Infra Engineering: The company has been declared a L-l bidder by the National Highways Authority of India for a project worth 610.11 crore.
Cyient DLM: The company incorporated a wholly owned subsidiary CYIENT DLM INC.
India Glycols: The company has enhanced the capacity Bio-Fuel Ethanol plant at Kashipur in Uttarakhand. The plant capacity now stands at 410 KLPD and is fully commissioned.
Rainbow Children Medicare: The company has added ~50-bed additional blocks to the existing hospital at Hydernagar, Hyderabad, Telangana.
United Breweries: The company launched new brand 'Kingfisher Ultra Max Draught Beer' in the premium strong beer segment category in Karnataka.
Macrotech Developers: The company successfully raised Rs 3,300 crore equity through QIP.
Mishtann Foods: The company has set March 20 as the record date for its rights issue. The right entitlement ratio is 1:31.
Azad Engineering: The company has signed Long-Term Strategic Supply Agreement with a subsidiary of Baker Hughes to supply of high-complex and critical components.
DB Realty: The company to raise Rs 1,500 crores through qualified institutional placement.
Company will raise Rs 1,000 crores with a greenshoe option of 500 crores.
TVS Motor Company: The company announces its presence in France. It will showcase its product range for Europe in Lyon, France up till Mar. 10.
Vedanta: The company received warning related to publishing information relating to unlisted ultimate holding company from SEBI.
InterGlobe Aviation: Promoter Rakesh Gangwal will sell up to a 3.3% stake in the company worth at least Rs 3,729 crore, at a floor price of Rs 2,925 apiece.
Gail, ONGC: GAIL, Oil and Natural Gas Corp and Shell Energy India signed a tripartite Memorandum of Understanding to explore opportunities for importing ethane and other hydrocarbons, as well as developing evacuation infrastructure at Shell Energy Terminal, Hazira.
Torrent Power: The company received letter of award worth Rs 1,540 crore from Maharashtra state electricity distribution company for setting up 306 MW grid-connected solar PV projects.
Gujarat Gas: The company and Bharat Petroleum signed an MoU on various fronts to streamline operations and improve service delivery. This MoU includes offering liquid fuels and BPCL's allied petroleum products at select outlets of the company.
Rail Vikas Nigam: The company received a letter of award from Madhya Pradesh Poorv Kshetra Vidyut Vitaran for a broad consideration of Rs 251 crore to supply, install, test and commission
11 KV Line associated works. The company received a LOA worth Rs 889 crore from the Himachal Pradesh state electricity board for the development of distribution infrastructure in the south zone of Himachal Pradesh.
Titagarh Rail Systems: The company received order worth of Rs 1,909 crore from the Railway Board for manufacture and supply of 4,463 BOSM wagons.
NBCC: The company signed an MoU with Bharat Heavy Electronics for redeveloping BHEL's identified properties.
Shyam Metallics and Energy: The company sold 94,143 tonne sponge iron, up 122.9% YoY, and sold 2.34 lakh tonne, up 37.3% YoY, for the month of February.
Agro Tech Foods: The company announced a share subscription agreement with Zest Holding Investments, leading to the investor gaining control over the company.
Tata Communication: The company has opened a new world-class production and delivery facility in Los Angeles - an investment that will support the future development of its services and business growth.
Exide Industries: The company received approval from the NCLT for the scheme of amalgamation between its wholly owned subsidiaries, Exide Energy Solutions and Exide Energy.
Sonata Software: The company has announced the integration of Sonata Harmoni.Al with Microsoft Azure Al service.
PNC Infratech: The company signed pact for construction project worth Rs 1,174 crore in Madhya Pradesh on hybrid annuity mode.
H.G. Infra Engineering: The company has been declared a L-l bidder by the National Highways Authority of India for a project worth 610.11 crore.
Cyient DLM: The company incorporated a wholly owned subsidiary CYIENT DLM INC.
India Glycols: The company has enhanced the capacity Bio-Fuel Ethanol plant at Kashipur in Uttarakhand. The plant capacity now stands at 410 KLPD and is fully commissioned.
Rainbow Children Medicare: The company has added ~50-bed additional blocks to the existing hospital at Hydernagar, Hyderabad, Telangana.
United Breweries: The company launched new brand 'Kingfisher Ultra Max Draught Beer' in the premium strong beer segment category in Karnataka.
Macrotech Developers: The company successfully raised Rs 3,300 crore equity through QIP.
Mishtann Foods: The company has set March 20 as the record date for its rights issue. The right entitlement ratio is 1:31.
Azad Engineering: The company has signed Long-Term Strategic Supply Agreement with a subsidiary of Baker Hughes to supply of high-complex and critical components.
DB Realty: The company to raise Rs 1,500 crores through qualified institutional placement.
Company will raise Rs 1,000 crores with a greenshoe option of 500 crores.
TVS Motor Company: The company announces its presence in France. It will showcase its product range for Europe in Lyon, France up till Mar. 10.
