STOCKS IN ACTION 27 MAY
Indian Oil Corporation: The company acquired a 100% stake in Mercator Petroleum for Rs 154
crore.
TVS Motor Company: The company announced the launch of the TVS HLX 125 with 5-gears in Tanzania.
NTPC: The company's Q4 coal plant PLF was at 79.77% vs. 80.32% YoY, Q4 commercial generation was at 92.967 BU vs. 89.445 BU YoY and Q4 captive mine coal output at 7.87 MT vs
6.48 MT YoY.
Godrej Properties: The company clarified on the reports on the Mumbai project that it has not received communication from any concerned authority citing non-compliance.
Tata Steel: The NCLT of Kolkata Bench approved the scheme of amalgamation with Indian Steel &
Wire Products The approval is pending from the Mumbai NCLT bench.
RVNL: The company emerged as the lowest bidder for the construction project worth Rs 187
crore from MMRCL.
IBM tech chief highlights responsible AI and Hybrid Cloud adoption in India's Gen AI boom
Vodafone Idea: The deal to sell Firefly Networks' stake to Manipura Digital Infrastructure is terminated due to non-fulfillment of certain conditions.
Bosch: The company approved the sale of OE/OES diagnosis business from Mobility Aftermarket to ETAS Automotive for Rs 45.6 crore.
GAIL commissions first 10 MW Green Hydrogen Plant in Madhya Pradesh; Here's what it can do
Macrotech Developers: The company acquired the remaining 50% stake of Siddhivinayak Realties arm for Rs 415.6 crore.
NTPC: The company's in-principal approval for incorporation of a wholly owned subsidiary company for undertaking Nuclear Energy Business, subject to the approval of its administrative Ministry.
AurobindoPharma : US FDA classifies AurobindoPharma arm Eugia’s formulation mfg unit at Pashamylaram, Telangana as official action indicated
Alert: US FDA Conducted An Inspection At Eugia’s Pashamylaram Unit From Jan 22 -Feb 2, 2024
Dr Reddy's: The company's Russia-based arm in a pact with Novartis Pharma to sell anti-diabetes products in Russia.
Sparc: The board approved raising Rs 1,800 crore and accepted the resignation of CFO Chetan
Rajpara effective June 5 and appointed Anup Rathi as CFO effective June 6.
Indian Oil Corporation: The company acquired a 100% stake in Mercator Petroleum for Rs 154
crore.
TVS Motor Company: The company announced the launch of the TVS HLX 125 with 5-gears in Tanzania.
NTPC: The company's Q4 coal plant PLF was at 79.77% vs. 80.32% YoY, Q4 commercial generation was at 92.967 BU vs. 89.445 BU YoY and Q4 captive mine coal output at 7.87 MT vs
6.48 MT YoY.
Godrej Properties: The company clarified on the reports on the Mumbai project that it has not received communication from any concerned authority citing non-compliance.
Tata Steel: The NCLT of Kolkata Bench approved the scheme of amalgamation with Indian Steel &
Wire Products The approval is pending from the Mumbai NCLT bench.
RVNL: The company emerged as the lowest bidder for the construction project worth Rs 187
crore from MMRCL.
IBM tech chief highlights responsible AI and Hybrid Cloud adoption in India's Gen AI boom
Vodafone Idea: The deal to sell Firefly Networks' stake to Manipura Digital Infrastructure is terminated due to non-fulfillment of certain conditions.
Bosch: The company approved the sale of OE/OES diagnosis business from Mobility Aftermarket to ETAS Automotive for Rs 45.6 crore.
GAIL commissions first 10 MW Green Hydrogen Plant in Madhya Pradesh; Here's what it can do
Macrotech Developers: The company acquired the remaining 50% stake of Siddhivinayak Realties arm for Rs 415.6 crore.
NTPC: The company's in-principal approval for incorporation of a wholly owned subsidiary company for undertaking Nuclear Energy Business, subject to the approval of its administrative Ministry.
AurobindoPharma : US FDA classifies AurobindoPharma arm Eugia’s formulation mfg unit at Pashamylaram, Telangana as official action indicated
Alert: US FDA Conducted An Inspection At Eugia’s Pashamylaram Unit From Jan 22 -Feb 2, 2024
Dr Reddy's: The company's Russia-based arm in a pact with Novartis Pharma to sell anti-diabetes products in Russia.
Sparc: The board approved raising Rs 1,800 crore and accepted the resignation of CFO Chetan
Rajpara effective June 5 and appointed Anup Rathi as CFO effective June 6.