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Stocks in news today

April 12, 2023

Sagar Cements: PGMI India mutual fund has sold its stake in Sagar Cement, whereas ICICI Pru through a block deal bought shares on Tuesday.

Delhivery: Delhivery bought another 1.6% stake in Venture capital fund Tiger Global Management through the open market on 11 April.

HDFC Bank: HDFC informs the board of a meeting on April 15 to evaluate a fundraising proposal of Rs 50,000 crore through the issuance of debt instruments.

BHEL: BHEL led association has received a mega tender from Indian Railways with an order of 80 Vande Bharat trains valued at Rs 120 crore per train.

Zydus Lifesciences: In a final approval from United States Food and Drug Administration (USFDA), the firm has received rights to manufacture and market Tavaborole Topical Solution.

Lumax Industries: Since April 14, Vineet Sahni has resigned from the position of Senior Executive Director, Whole Time Director, and Chief Executive Officer of the company.

Venus Pipes & Tubes: Capitalist Ashish Kacholia acquired about 1.97% stakes in Venus Pipes for about Rs 28.8 crore through bulk deals on April 11.