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Stocks in News

December 1, 2021

NTPC: The 250-MW unit-4 of NTPC’s Nabinagar power plant will begin commercial operations. With this, the commercial capacity of the NTPC group will become 67,907.5 megawatts (MW).


Sun Pharma: Sun Pharma’s subsidiary DUSA Pharmaceuticals Inc has reached a settlement with Biofrontera, a US based commercial biotech company.


NMDC: NMDC has fixed the price of lump ore at Rs 5,200 per tonne and that of fines at Rs 4,560 per tonne. With this, the company has slashed the prices of lump ore by Rs 750 per tonne and that of fines by Rs 200 per tonne.


Maruti Suzuki: Maruti Suzuki estimates that in December the total vehicle production volume of its plants in both Haryana and Gujarat could be around 80% to 85% of normal production.


Go Fashion: ICICI Venture, a subsidiary of ICICI Bank, has divested half of its 13.5% stake in the IPO of Go Fashion. ICICI Venture had invested Rs 100 crore in Go Fashion for a 13.5% stake in 2018.


Hathway Cable & Datacom: Hathway Cable & Datacom has acquired 3.64% shares of its subsidiary Hathway Kokan Crystal.


Rail Vikas Nigam: Rail Vikas Nigam will develop railway corridor projects in Kyrgyz Republic.


Zomato: Zomato announced the launch of ‘Zomato Wings’, a platform to help restaurants raise investments.

Zomato’s partner restaurants will now be able to position their story and connect with Investors on Zomato.


Coal India: Coal India plans to invest Rs 19,650 crore by Financial Year 2024 to increase coal transportation capacity by 330 million tonnes (mt).