STOCKS IN ACTION 11 DECEMBER

Mazagon Dock Shipbuilders: The company received an order worth Rs 1,145 crore from ONGC for laying approximately 44.4 km of subsea pipelines in 19 segments.

GMR Airports Infrastructure: Two key investors in the company have divested their stake, while the Rajiv Jain-backed GQG Partners has picked up a 4.7% stake for Rs 1,671 crore.

Bank of India: The company's QIP worth of Rs 4,500 crore was oversubscribed by 4.11 times. The company received 104 bids, aggregating to 18,483.30 crore.

REC: The company signed a 200 million Euro loan agreement with the German Bank KfW in New Delhi today. This is the company's sixth line of credit under Indo-German Development Cooperation.

JSW Steel: The company secured a coveted position in the DJSI World Index and the DJSI Index for Emerging Markets.

Adani Enterprise: The company acquired the remaining 51% stake in Quintillion Business Media.
Post-acquisition, Quintillion Business Media becomes a wholly owned subsidiary of the company.

Ramco Cements: Kolimigundla clinker plant capacity increased to 3.15 MTPA from 2.5 MTPA.

IDFC First Bank: Cloverdell Investment reduced its stake in the company to 2.25% from 4.04%.

Dr Reddy Laboratories: The US FDA issued Form 483 with three observations in its inspection from Dec. 4 to Dec. 8.

HCL Tech: The leading global technology company, expands its footprint in Romania with a new global delivery centre in lasi, Romania.

Cipla: The company received the US FDA for ANDA for Vasopressin.

Lemon Tree Hotels: The company signed a licence pact for an 80-room hotel in Karnataka.

Lloyds Metals And Energy: The company approved the expansion of iron ore mining capacity up to 55 MTPA, the establishment of 45 MTPA BHQ beneficiation plants, the establishment of 3 MTPA integrated steel plants and the enhancement of 4 MTPA pellet plants to 8 MTPA pellet plants. The company's board approved the issue of 6.35 crore shares by way of a rights issue for Rs 99.9 crore.

Apollo Tyres: The Supreme Court has dismissed the appeal filed by SEBI and has directed SEBI to refund the entire penalty amount of Rs 65 lakh imposed for the alleged violation of certain provisions of the Buy Back Regulations, 1998.

Max Healthcare: The company's unit will acquire a 100% stake in Starlit Medical Centre for 125 crores.

Vinati Organics: The company's commercial production of Ortho Secondary Butyl Phenol (OSBP) and Di-Secondary Butyl Phenol (DSBP) has commenced at the company facility with an installed capacity of 5000 MT for (OSBP) and 1000 MT for (DSBP).

Imagicaaworld Entertainment: The company signed an MoU with the Uttarakhand Government to set up an entertainment park in Uttarakhand.

Shoppers Stop: The company and the Good Glamm Group are looking to collaborate on creating disruptive omni-channel experiences.

Blue Dart: The board approved the purchase of two leased aircraft from the Netherlands' DLH
Aviation for Rs 40 crore.

IREDA: The company launches a retail division with an enhanced emphasis on providing loans to borrowers in the PM-KUSUM scheme, rooftop solar, and other business-to-consumer (B2C) sectors.

S.P. Apparels: The company purchased the entire or partial shares of Young Brand Apparel
Private, which is a subsidiary of M/s Bannari Amman Spinning Mills.
 
 
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