January 2024

stock updatesITC The company received a ‘no objection’ certificate from the exchanges to demerge their hotel business NTPC The company in the Q3 business update reported electricity sales rose by 15% year-on-year and coal plant PLF at 76% vs 68.9% year-on-year. Waaree Renewable Technologies The company have received a Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) work for solar power project KRBL The company announced the launch of its new product “India Gate Classic Biryani Masala” on 29th January 2024 Patel Engineering Ltd The company in a joint venture bags a Nira Deoghar Right Bank Canal works from KM 66 to KM 76 and KM 77 to KM 87 for irrigation projects. Container Corporation of India and Indian Oil Corporation Limited The companies have signed a MOU. The objective of this Non-Binding MOU is that IndianOil and CONCOR to hold discussions and undertake various activities in furtherance of the purpose such as to collaborate upon and mutually explore certain opportunities in areas for use of LNG as a fuel and in petrochemical & other container logistics requirements Havells India Ltd The Board has approved the incorporation of US subsidiaries. The board has approved investments up to $20 million in Havells International Inc, a wholly-owned subsidiary of the Company incorporated in Delaware, USA. LIC & Indraprastha Gas Ltd The LIC’s shareholding in IGL has increased from 7.3% to 9.3% of the paid-up capital Sunteck The company to enter the locations at Nepean Sea Rd and Bandra-Bandstand with GDV of over INR 3000 Crores” GAIL The company and ADNOC Gas ink a Long-term LNG contract fuelling India’s Natural Gas industry growth Shakti Pumps Madhya Pradesh Industrial Development Corporation Limited (MPIDC) has sanctioned 46 Acres land to the Company. This land will be utilized for future expansion KEC International The company has secured orders worth Rs 1,304 crore across various businesses. Punjab National Bank The bank approved raising funds up to Rs 7,500 crore in FY25 via qualified institutional placements, further public offers, or other modes. The shareholding of the government remains above 52%. SEPC The company approved fundraising up to Rs 250 crore by issuance of equity shares and increase in authorized share capital to Rs 1,750 crore from Rs 1,450 crore

stock updates ITC The company received a 'no objection' certificate from the exchanges to demerge...