STOCKS IN ACTION 30 MAY

Edelweiss Financial Services: The Reserve Bank of India has stopped Edelweiss Asset Reconstruction Co., the subsidiary of the company, from acquiring any stressed assets, according to a supervisory action notification.

SJVN: The company has signed a pact with Indian Oil for JV in renewable, new tech projects.

Avantel: The company gets a Rs 110 crore order for the supply of SATCOM equipment from the Defence Ministry.

Aditya Birla Capital:
The company invests Rs 300 crore in its arm, Aditya Birla Housing Finance, on a rights basis.

Ramco Systems: RAMS Solutions announces the expansion of its strategic partnership with the company.

ONGC: T
he S&P Global rating changed the outlook from stable to positive. The company has stronger standalone credit profiles.

RVNL: The company gets an order worth Rs 38 crore for signalling work.

IndiaMART InterMESH:
The company has entered into an agreement to acquire 10% of the share capital of Baldor Technologies.

ICICI Bank: S&P Global Ratings has affirmed ICICI Bank's rating and revised its outlook to BBB-/positive/A-3 from BBB-/Stable/A-3. The bank's stand-alone credit profile was revised upwards from BBB to BBB+.

State Bank of India:
S&P Global Ratings has revised the outlook of the bank from stable to positive.

G.R. Infraprojects: The company issued non-convertible debts on a private placement basis up to Rs 200 crore.

CESC: A fire incident occurred at the company's West Bengal plant owned by Haldia Energy
Operations at Unit 1 of the West Bengal plant, which was partially disrupted.

Nazara Technologies: Nazara Mauritius has completed the sale and transfer of its existing 100% stake held in NZMobile to Lychee Ventures for an aggregate consideration of $260000, paid in cash by Lychee

@daytradertelugu
 
 
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