Share Market Highlights September 27, 2024: Sensex, Nifty end in red; BPCL, Cipla shine; Power Grid, Bharti Airtel drag
Railtel Corp: Company gets work order Rs 1.56 billion from rural development department, Mantralaya, Maharashtra
RITES: Consortium emerges lowest bidder in a Delhi Metro project worth ₹87.58 cr.
Netweb Technologies: Company received an Intel Partner Award for Outstanding Growth in the Data Center & AI Group.
Biocon: Company partners with Tabuk pharmaceuticals to commercialize its glucagon-like Peptide-1 (GLP -1) products in the Middle East region.
Anuh Pharma: Company has received approval from EDQM for CEP of Allopurinol API which is used to treat Gout and High Uric Acid Levels.
Infosys: Company announces strategic collaboration with Sally Beauty
Sobha: Credit ratings of the company has upgraded by ICRA Limited.
Jubilant Pharmova: Company announced that the USFDA completed an audit of its Allergy Immunotherapy and Contract manufacturing facilities in Spokane, Washington, with no observations.
Krsnaa Diagnostics: Company Got LOI to Commission Radiology Services.
Yatharth Hospital: Company receives mega target price on expectations of exponential boost in topline.
Zomato: Swiggy files ₹3,750 crore IPO to expand quick commerce, pay off debt
Adani Green: Company and Total Energies finalise $444-million JV for Gujarat solar projects
PEL: Arm Piramal Capital & Housing Finance sells immoveable property comprising of land & building situated at Santacruz East, Mumbai Property for ₹187 crore
Elgi Equipments: Company’s subsidiary, Elgi USA, is divesting its entire stake in its joint venture
Marsons: Company gets LOI worth Rs 6.75 billion from Nacof Oorja to develop a 150 mw (ac) grid-interactive ground-mounted solar PV Power generation plant in Rajasthan
Sun pharma: Company presents new clinical efficacy and safety data in severe dermatological conditions at the 2024 EADV congress, new data demonstrate improved hair satisfaction in more than 95% of patients taking DEURUXOLITINIB
Thangamayil Jewellery: Company announced a proposed rights issue of up to Rs 600 Crores to raise funds.
Lemon Tree: Company announced a new hotel in Sasan Gir, Gujarat, expected to open in FY 2026
PC Jeweller: Bank of India approved to one-time settlement proposal submitted by Company
Akme Fintrade: Company partners with Mas financial services for Co-lending in MSME sector.
RVNL: Company has signed a MoU with Engineers India Limited to explore global business opportunities, share information, and collaborate on infrastructure projects
Max Healthcare: Company executes share purchase agreement with Jaypee Infratech & Lakshadweep Group for Rs 398 crore.
SJVN: Company inks two initial pacts with #Maharashtra government for developing pumped storage and floating solar projects with investment of Rs 48,000 crore.
Shivalik Bimetal: Company targeting 30% market share in North America, Western Europe
Union Bank: Joint Forum of AIUBEF, AIUBSF, UBSA and UBIEU, Delhi, consisting of Customer Service Associates and Office Assistants propose to go on Strike On September 27, 2024.
Nuvama: Edel Finance & Ecap Equities to sell 6.4% equity in Nuvama Wealth Management via block deals, floor price for the deal is at ₹6,455/sh
Pricol Ltd: Company has appointed Mrs. Manoharan Malavika Thothala as an Independent Director for a 5-year term starting October 1, 2024.
Ask Automotive: Company to exercise oversubscription option up to 0.55% for offer for sale by promoter.
Ola Electric: Company launches ‘Network Partner Program’, Onboards over 600 partners to accelerate EV adoption and Endiceage pan India.
KNR Constructions: Company Board Meeting on 26th September 2024 appointed Shri W R Reddy as Chairman, effective 1st October 2024.
Indian Bank: Bank’s Board approved raising an additional Rs.5000 crore in Long Term Infrastructure Bonds, bringing the total to Rs.10,000 crore for FY 2024-25.
Escorts Kubota: Escorts Kubota finance limited, a wholly-owned subsidiary of Company, has received a certificate of registration from the RBI to operate as a non-banking financial institution.
IndiGo: Company appoints Isidro Porqueras as COO, effective November 1, 2024
Torrent Pharma: Company refutes claims of Shelcal 500 allegedly failing CDSCO quality test
LIC: S Sunder Krishnan resigns as Chief Risk Officer of Life Insurance Corporation of India.
Uno Minda: Company acquired 49% stake of Minda Nabtesco automotive from Nabtesco automotive corporation for Rs 13 million
ADF Foods: Company approved acquisition of remaining 30% stake from minority members of vibrant foods, entity being acquired belongs to food sector
HDFC Bank: Sells a housing loan portfolio of about $717 million to reduce credit book.
KEC International: Company raises Rs 870 crore through a qualified institutional placement offer.
PNB: Bank closes QIP, sets floor price at Rs 103.75/share.
Godrej Properties: Company’ board will meet on October 1 to consider a proposal to raise funds through the issue of securities
AB Capital: Company invests Rs 500 crore in AB Finance via rights subscription
Tyre Stocks: CRISIL report: Rising natural rubber prices to hit tyre maker margins, supply deficit may triple.
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