Here’s a take a look at stocks that are most likely to stay in news today.
LIC Housing Finance: ICICI Prudential Mutual Fund has actually purchased an extra 2.03% in the real estate financing business through free market deals. With this, the shared fund house shareholding in the business increased to 7.07%, up from 5.04% earlier.
Petronet LNG: The business has actually gotten nod from board members for extension of period of Vinod Kumar Mishra as Director (Finance), the whole-time Key Managerial Personnel and Chief Financial Officer, for another 2 years. The extension of 2 years will work from April 18, 2023 on the existing conditions.
Biocon: The biopharmaceutical company has actually raised Rs 1,070 crore by releasing 1.07 lakh non-convertible debentures of stated value of Rs 1 lakh each on personal positioning basis in 3 Series. The period of the NCDs is 5 years from the considered date of allocation.
Sapphire Foods India: The fast service restaurant business’s completely owned subsidiary Gamma Pizzakraft (Overseas) has actually raised stake in its subsidiary Gamma Island Food to 75%, from 51% earlier after acquisition of 81,914 equity shares. The acquisition cost of those shares is MVR 1,88,40,220. Gamma Island Food is integrated in the Republic of Maldives, to run Pizza Hut and KFC dining establishments in Maldives under franchisee contracts.
Zensar Technologies: Nippon Life India Trustee has actually purchased extra 1.7529% stake in the IT services management business by means of free market deals. With this, its stake in the business increased to 5.2275%, up from 3.4745% earlier.
BEL: Bharat Electronics Ltd (BEL) has actually tattooed an MoU with Aeronautical Development Agency (ADA), DRDO, for the Advanced Medium Combat Aircraft (AMCA) program. The MoU was revealed on the sidelines of the “Bandhan” occasion held at Aero India 2023.
Hindustan Zinc: Hindustan Zinc will hold a conference of the equity investors of the business on March 29 pursuant to the NCLT order in the matter of proposed plan of plan in between the business and its investors.
Lupin: The business revealed the launch of Lurasidone Hydrochloride Tablets in the United States market. The tablets of different mg had actually approximated yearly sales of $4.2 billion in the United States.
Cyient: The company has actually revealed a collaboration with Thingtrax to make it possible for makers to raise effectiveness and decrease expenses. The collaboration will make it possible for international makers to drive greater efficiency throughout their whole production operation through AI-powered information.
Capacite Infraprojects: It has actually gotten an agreement worth Rs 181 crore from Indian Oil for building and construction of property towers at Indian Oil Nagar in Mumbai.
PTC Industries: Aerolloy Technologies, a completely owned subsidiary of PTC Industries has actually signed a memorandum of understanding (MOU) with Dassault Aviation, a significant gamer in the international aerospace market.
SBI: The loan provider has actually effectively raised Rs 4,544 crore non-convertible, taxable, continuous, subordinated, unsecured, totally paid up Basel III certified AT-1 bonds at a discount coupon of 8.20% per year.
IRCTC: Shares of IRCTC, the tourist and ticketing arm of Indian Railways will trade ex-dividend today with regard to the Rs 3.5 dividend revealed in addition to the 3rd quarter outcomes.
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