Stocks in News

July 8, 2022

Vedanta will acquire Athena Chhattisgarh Power at a cost of Rs 564.67 crore.

Jaguar Land Rover, a subsidiary of Tata Motors reported sales of 78,825 units for the 3-month period ended June 2022. This was a fall of 37% YoY and flat compared to the previous quarter.

Hindustan Zinc: The government has invited bids from merchant bankers to advise it in offloading 29.5% residual stake in HZL in tranches. The stake is valued at around Rs 32,000 crore, based on the current market price of the company’s shares.

InterGlobe Aviation: IndiGo will increase its pilot salaries by 8 per cent from August, reacting to their demands to reinstate remuneration to pre-Covid levels, as air travel bounces back.

Tata Power: The company will invest over Rs 75,000 crore in renewables in the next five years
PFC: State-owned Power Finance Corporation on Thursday inked a loan pact for JPY 30 billion with Japan Bank for International Cooperation

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