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Stocks in News

January 10, 2022

TCS: The company’s board will consider a proposal for share buyback on Jan 12, 2021.

Reliance Industries: RIL has acquired New York’s premium luxury hotel Mandarin Oriental for $98.15 million.

Tata Steel: The company increased stake in Medica TS Hospital (MTSHPL), a joint venture company, from 26% to 51%.

ICICI Bank: RBI has approved the re-appointment of Anup Bagchi as an Executive Director of ICICI Bank for a period of three years. The shareholders at the Annual General Meeting held on August 20, 2021 had already approved his re-appointment for a period of five years.

Avenue Supermarts: The company reported 24.6% higher standalone profit at Rs 586 crore, and 22 percent higher revenue at Rs 9,065 crore in Q3FY22, YoY.

Zee Learn: Morgan Stanley Asia (Singapore) Pte – ODI sold 19,90,685 equity shares in the company at Rs 19.18 per share, however, Spring Ventures sold 40 lakh shares at Rs 18.59 per share on the NSE, the bulk deals data showed.

CG Power and Industrial Solutions; American Funds Fundamental Investors acquired 1,76,30,108 equity shares in the company at Rs 199 per share, however, Amansa Holding Private Ltd sold 1,76,32,000 equity shares at Rs 199 per share on the NSE, the bulk deals data showed.

KEC International: A global infrastructure EPC major has secured new orders of Rs 1,025 crore across its various businesses including transmission & distribution, railways, and civil.

Dilip Buildcon: Subsidiary Sannur Bikarnakette Highways Private Limited has received the financial closure letter from the National Highways Authority of India, for four Laning of Sannur to Bikarnakette section of NH-769 under Bharathmala Pariyojana on Hybrid Annuity Mode in Karnataka.

Diamines & Chemicals: The company has received a letter, from the State Level Environment Impact Assessment Authority (SEIAA), for environment clearance for setting up expansion in manufacturing plant of ‘synthetic organic chemicals’ in Vadodara.

Wonderla Holidays: Considering the directions given by the Government of Karnataka to contain COVID, the Bangalore park operations are temporarily shut for the two weekends.

Gulshan Polyols: The company has received, signed and executed a Long Term Offtake Agreement, for setting up of upcoming standalone dedicated ethanol plant of 250 KLPD at Industrial Growth Centre, Matia, Goalpara and 500 KLPD (kiloliters per day) at M P A K V N Industrial Area, Borgaon, Madhya Pradesh.