STOCKS IN ACTION 1 JULY
Bharat Electronics: The company received a contract worth Rs 3,172 crore from Vehicles Nigam to supply sighting and fire control systems for Indian Army tanks and received additional orders worth Rs 481 crore for meteorological equipment.
Vodafone Idea: The telco joined its peers Reliance Jio and Bharti Airtel to raise rates for prepaid and post-paid consumers by 10-21%. The new plans will come into effect on July 4.
Cochin Shipyard: The company's unit signed a pact with Norway's Wilson ASA for constructing four 6,300 TDW dry cargo vessels and an agreement for four additional vessels to be formally contracted by Sept. 19, 2024. The overall project cost for eight vessels is about Rs 1,100 crore.
UltraTech Cement: The company commissioned an additional 3.35 MTPA clinker and 1.8 MTPA grinding capacity at its Tadipatri unit in Andhra Pradesh. This increased the capacity of the grinding unit in Jharsuguda, Odisha, by 0.4 MTPA.
Jindal Stainless: The company acquired a 100% stake in Sulawesi Nickel Processing Industries
Holdings PTE, Singapore, for setting up a joint venture in Indonesia for investing, developing, constructing, and operating a stainless-steel melt shop in Indonesia.
Tata Steel: The company converted its debt holding of $565 million in unit T Steel Holdings into equity.
Titan: The company formed a 76-24 JV with Rhythm Jewellery in Bangladesh for manufacturing jewellery products.
TVS Motor: The company acquired an additional stake in TVS Credit Services for Rs 283 crore.
Dr. Reddy Laboratories: The company partnered with Zydus Life for co-marketing of the Pertuzumab biosimilar.
Orchid Pharma: The company partnered with Cipla to launch the antibiotic Cefepime-Enmetazobactam in India.
Godrej Properties: The company acquired leasehold rights for an 11-acre land parcel in Pune, offering a developable potential of 2.2 million square feet with an estimated revenue potential of Rs 1,800 crore.
eMudhra: The company acquired 100% of US-based TW095 International Inc. through its wholly owned subsidiary eMudhra Inc., USA, to strengthen the company's presence and positioning in the US market.
Coromandel International: The company unveiled Magnesium-Enriched Paramfos Plus in Bengaluru to boost crop yield and quality.
Gail (India): The company's net zero target for Scope-1 and Scope-2 greenhouses has emissions to 2035.
SignatureGlobal: bags sales worth Rs 2,700 cr for residential project Titanium SPR in Gurugram
JSW Energy’s: arm JSW Neo Energy gets LoA for 300 mw wind-solar hybrid capacity from SJVN
Bharat Electronics: The company received a contract worth Rs 3,172 crore from Vehicles Nigam to supply sighting and fire control systems for Indian Army tanks and received additional orders worth Rs 481 crore for meteorological equipment.
Vodafone Idea: The telco joined its peers Reliance Jio and Bharti Airtel to raise rates for prepaid and post-paid consumers by 10-21%. The new plans will come into effect on July 4.
Cochin Shipyard: The company's unit signed a pact with Norway's Wilson ASA for constructing four 6,300 TDW dry cargo vessels and an agreement for four additional vessels to be formally contracted by Sept. 19, 2024. The overall project cost for eight vessels is about Rs 1,100 crore.
UltraTech Cement: The company commissioned an additional 3.35 MTPA clinker and 1.8 MTPA grinding capacity at its Tadipatri unit in Andhra Pradesh. This increased the capacity of the grinding unit in Jharsuguda, Odisha, by 0.4 MTPA.
Jindal Stainless: The company acquired a 100% stake in Sulawesi Nickel Processing Industries
Holdings PTE, Singapore, for setting up a joint venture in Indonesia for investing, developing, constructing, and operating a stainless-steel melt shop in Indonesia.
Tata Steel: The company converted its debt holding of $565 million in unit T Steel Holdings into equity.
Titan: The company formed a 76-24 JV with Rhythm Jewellery in Bangladesh for manufacturing jewellery products.
TVS Motor: The company acquired an additional stake in TVS Credit Services for Rs 283 crore.
Dr. Reddy Laboratories: The company partnered with Zydus Life for co-marketing of the Pertuzumab biosimilar.
Orchid Pharma: The company partnered with Cipla to launch the antibiotic Cefepime-Enmetazobactam in India.
Godrej Properties: The company acquired leasehold rights for an 11-acre land parcel in Pune, offering a developable potential of 2.2 million square feet with an estimated revenue potential of Rs 1,800 crore.
eMudhra: The company acquired 100% of US-based TW095 International Inc. through its wholly owned subsidiary eMudhra Inc., USA, to strengthen the company's presence and positioning in the US market.
Coromandel International: The company unveiled Magnesium-Enriched Paramfos Plus in Bengaluru to boost crop yield and quality.
Gail (India): The company's net zero target for Scope-1 and Scope-2 greenhouses has emissions to 2035.
SignatureGlobal: bags sales worth Rs 2,700 cr for residential project Titanium SPR in Gurugram
JSW Energy’s: arm JSW Neo Energy gets LoA for 300 mw wind-solar hybrid capacity from SJVN
