STOCKS IN ACTION 8 November

Inox Wind: The company will raise Rs 500 crore through the issue of preference shares. The board approved the raising of funds by way of the issuance of 0.01% non-convertible, non-cumulative, participating, redeemable preference shares of the face value of Rs 10 each.

Lupin: The company received U.S. FDA tentative approval for the Invokamet generic.

Voltas: The company denied news reports that the Tata Group is considering selling the home appliance operations of the company.

SJVN: The company received a letter of intent for the purchase of 200 megawatts of solar power from Uttarakhand Power Corp. UPCL to purchase solar power for Rs 2.57 per unit from the company’s 1,000 MW Bikaner plant.

InterGlobe Aviation: The airline anticipates aircraft on the ground in the mid-thirties in Q4 due to accelerated engine removals. It reconfirmed capacity guidance for Q3, along with FY24 guidance for the upper range of mid-teens.Alert: Earlier this year, Pratt & Whitney highlighted the impact of the powder metal issue that has affected its new generation GTF aircraft engine.

Anupam Rasayan: The Board appointed Dr. Anuj Hemantbhai Thakar as executive director w.e.f. Nov. 7 for a period of five years, subject to approval of the members of the company within 3 months from the date of appointment.

Cummins India: The company's board appointed Jennifer Bush as chairperson of the board w.e.f. Nov. 7

Hero MotoCorp: to debut in UK, key European countries with electric vehicles in 2O24

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