stock updates
🔸 Auropharma
Eugia Pharma Specialities Ltd has started distribution of aseptic products manufactured at Unit III, that was temporarily stopped. The company also expects to start commercial production from the aseptic lines of the said facility in a phased manner
🔸 Indoco Remedies
The company approved the purchase of 2,860 sq m of land in Mumbai.
🔸 Sterling & Wilson
The company has issued clarification on the Shapoorji stake sale report and said it is not aware of negotiations
🔸 Shree Cement Limited
The Company has entered into an Asset Purchase Agreement with M/s Starcrete LLP for purchase of five ready mix concrete plant located in Mumbai Metropolitan Region of Maharashtra.
🔸 Avenue Supermarts Limited
The Company has opened two new stores today at Proddatur, YSR Kadapa (Andhra Pradesh) and at Shirdi (Maharashtra) today. The total number of stores as on date stands at 350.
🔸 ITC
British American Tobacco, the largest public shareholder of the company, has launched a block trade to offload up to a 3.5% stake in the company for over Rs 17,482 crore.
🔸 Vedanta
SEBI has ordered the company to pay Rs 77.62 crore to Scottish explorer Cairn for delay in payment of dividends and barred the firm’s entire board from accessing the capital market for
🔸 Glenmark Pharma
The company completed the transfer of the remaining 20% stake in Glenmark Life Sciences to Nirma.
🔸 Allcargo Logistics
The company LCL volume for the month of February increased 7% YoY and FCL volume up 5% YoY for the month of February.
🔸 Muthoot Capital
The company partners with Greaves Cotton unit Greaves Finance 100% EV-focused lending platform evfin for electric two-wheeler financing across India