Top 16 stocks in focus today: Airtel, IndiGo, Punj Lloyd
Two promoter entities of InterGlobe Aviation plan to offload shares worth at least Rs1,245cr through the offer for sale route on Wednesday.
Asian Paints said that it has Reno Chemicals Pharmaceuticals and Cosmetics for an amount of Rs159.5cr.
Kalpataru Power received new orders worth Rs875cr.
Punj Lloyd has received orders for laying and construction of steel pipeline along with associated facilities for Dharma-Angul section of Jagdishpur-Haldia-Bokaro-Dhamra Pipleline Project (JHBDPL) PH-II worth Rs276cr from GAIL. It has also received an order for upgradation of Yargi-Kalewa Road section in Myanmar of two lane with Earth shoulders on EPC mode worth Rs1,177cr, in joint venture with Varaha Infra from NHAI.
Dr Lal PathLabs has approved, acquisition of a Proprietorship Concern. i.e. ‘Satya Pathology and Diagnostic Centre.
Adlabs Entertainment in talks with PE firms to raise Rs650cr, as per media reports.
Yes Bank is planning to buy 5% stake in One Point One Solutions, according to reports.
Century Textiles grants right to Grasim India to manage, use and control VFY business for a duration of 15 years for royalty of Rs600cr.
Morgan Stanley France S.A.S bought 6 lakh shares or 2% at Rs1,616 each of Indian Energy Exchange.
Societe Generale bought 13 lakh shares or 0.9% equity at Rs992.65 each of Bharat Financial.
A consortium of Aion Capital Partners and JSW emerged the strongest contender for acquiring Monnet Ispat and Energy Ltd, one of the initial 12 companies shortlisted by the RBI for insolvency proceedings, as per media reports.
Ashok Leyland has launched a new light commercial vehicle here with “higher” payload and “superior” mileage. The company launched the ‘DOST+’ range, which follows its entry in the LCV segment with ‘DOST’.
NBCC (India) had earlier signed an agreement with the Republic of Mauritius for Construction of Social Housing Units in Mauritius valuing $22 Million (Rs150cr approx.).
Societe Generale bought 1.13cr shares or 2.2% equity at Rs137.75 each of Fortis.
Societe Generale bought 1.20cr shares or 0.8% equity at Rs250.25 each of Petronet.
Srei Infra and Russia’s VEB agree on $200 mn investment fund.
Havells India plans new facility to make consumer durables.