By earn 
STOCKS IN ACTION 18 JANUARY
• NHPC: The government to sell up to 3.5% stake via offer for sale on Jan. 18 and 19. The floor
price of the offer for sale was set at Rs 66 per share, indicating a discount of 9.6% to the current
market price.
• Adani Enterprises: The company has signed a Memorandum of Understanding with the
Maharashtra government to set up a 1-gigawatt hyperscale data centre at an investment of Rs
50,000 crore over the next 10 years.
• Shriram Finance: The company raised $750 million through social bonds from international bond
markets.
• Nazara Tech: The company plans to raise up to Rs 250 crore via a preferential issue of shares at
Rs 872.15 apiece. The company acquired a 10.77% stake in social influencer platform Kofluence
Tech Pvt. for Rs 32.41 crore.
• Indiabulls Housing Finance: The company approved raising up to Rs 5,000 crore via an equity
issue.
• Natco Pharma: The company invested $2 million in the Delhi-based biotech startup Cellogen
Therapeutics.
• Zaggle Prepaid Ocean Services: The company signed a contract worth Rs 200 crore with Torrent
Gas – for implementing close loop fleet program.
• Sundaram Finance: The company has exposure to alternate investment funds of Rs 270.28 crore
as of Jan. 18.
• RailTel Corp: The company received an order worth Rs 82.41 crore from South Central Railway in
the Secunderabad Division.
• Balaji Amines: The company received BIS certification for the product Morpholine from the
Bureau of Indian Standards.
• Intellect Design Arena: The company received approval to set up its branch office at GIFT City.
• Manali Petrochemicals: The company has resumed operations at its Manali Plant.
• OnMobile Technologies: The company has appointed Sreejith Chandrasekharan as Chief
Technology Officer.
• ZF Commercial Vehicle Control Systems India: RS Rajagopal Sastry has resigned from the
macition of 0C0
• Avenue Supermarket: The company has opened two new stores in Tirupur (Tamil Nadu) and
Sehore (Madhya Pradesh). The total number of stores as of today stands at 344.
• Uniparts India: The company has been awarded an order of $1.2 million from Doosan Bobcat
Indiabulls Housing Finance to raise funds up to ₹5,000 crore via issue of equity shares
Minda Corp sells 15.7% stake (1.91 crore equity) in Pricol at ₹343.60/Sha
North America for the supply of construction equipment parts. The award is subject to the
execution of the purchase order.
• Keystone Realtors: The company will acquire 50% of the Ajmera Realty unit, Ajmera Luxe Realty
for Rs 50,000.
