STOCKS IN ACTION 14 MAY
Hero MotoCorp: The company joined the ONDC network to offer parts and accessories to customers on the digital platform.
Vedanta: The company will consider raising funds via the issue of equity shares via FPO, rights issue or other means on May 16. Unit Cairn Oil and Gas's reserves and resources portfolio grew by 19% YoY to 1.4 billion barrels of oil equivalent.
Maruti Suzuki: The company introduced two new variants in FRONX, priced at Rs 8.93 lakh and
Rs 9.43 lakh.
Zomato: Arm ZPPL will voluntarily surrender the certificate of authorization issued by RBI to operate as an online payment aggregator and also withdraw the application to operate as the issuer of pre-paid payment instruments.
Shriram Finance: The board approved the sale of the entire stake in Shriram Housing Finance to Mango Crest & Warburg Pincus. Warburg Pincus to buy a unit for Rs 4,630 crore.
Rail Vikas Nigam: The company received an order worth Rs 239 crore.
Coromandel International: The company, through its arm, acquired an additional 7% stake in Chennai-based drone manufacturing company Dhaksha Unmanned Systems for Rs 150 crore.
Manali Petrochem: The company board approved setting up additional manufacturing facilities in western India.
ABB India is now valued at one-fifth of its foreign parent as stock climbs to fresh-high
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🌞Good morning
Today’s Stocks in News
/channel/daytradertelugu/112563
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STOCKS IN ACTION 13 MAY
Vedanta: The company's unit, CIHL, acquired an additional 46.57% stake in AvanStrate for JPY
12.2 billion.
Wipro: The company appointed Vinay Firake as CEO for the Asia Pacific, India, Middle East, and Africa strategic market unit.
Lupin: The US Court has lifted a temporary restraining order for Mirabegron ER Tablets. The shipment of the product has now resumed.
JSWSteel April crude steel production up 0.4% YoY at 21.21 lakh tonnes, 'iron ore availability constraints from Karnataka mines impacted production volts
Capacity utilisation at Indian operations stood at 88%
Housing & Urban Development Corporation: The company is in a pact with Surat Integrated Transportation Development Corp. for the development of the Surat Multi-Modal Transportation
Hub.
Aditya Birla Fashion and Retail: The company's arm, Clothing Retail, allotted shares worth Rs 100 crore. The company's stake in the arm stands at 85.54%, up from 80% earlier.
Andhra Paper: The company is in a pact with Sweden-based Valmet AB for the supply and commissioning of a tissue paper production line.
ICICI Bank: Bijith Bhaskar resigns as Head – Cards, Payment Solutions, E-Commerce Ecosystem, Merchant Ecosystem, Consumer Finance of the comp
Lemon Tree Hotels: The company signed a pact for an upcoming 60-room hotel in Bareilly, Uttar Pradesh.
Nuvama Wealth Management: Mihir Nanavati resigned from the position of CFO effective May 14. The company appointed Bharat Kalsi as CFO effective May 15.
Prestige Estates Projects: Venkata Narayana K. resigned from the position of CEO.
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