Stocks to watch out for on Monday
UPL: UPL has acquired 33.33% stake in Brazil based Serra Bonita, who is engaged in producing high-quality seeds.
Great Eastern Shipping: GE Shipping is set to buy a second-hand medium gas carrier which will join the company’s fleet in Q2.
AU Small Finance Bank: AU Small Finance Bank has obtained certificate of registration to act as a corporate agent from IRDAI.
Coal India: Coal India’s production in August rose to 37.63 million tonnes while shipments rose to 43.75 million tonnes.
L&T: L&T’s subsidiary has filed an application to form an infrastructure investment trust.
JSW Steel: SEBI has imposed fine of Rs 2.5 lakh for non-redressal of investor grievances in a timely manner.
UFO Moviez: UFO Moviez has acquired 76% stake in Sujav Entertainment for Rs 75 lakh.
Apex Frozen Foods: Apex Frozen Foods is set to make a debut on exchanges on Monday. The issue price is fixed at Rs 175 per share. Its Rs 152 crore initial public offer was oversubscribed 6.14 times, receiving bids for 3.8 crore equity shares against the IPO size of 62.1 lakh shares (excluding anchor investors’ portion).