STOCKS TO WATCH 23 FEB

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Stock Updates

๐Ÿ”ธ Bajaj Auto

The company has made further investment of Rs. 45.75 crores in Yulu Bikes Private Limited (Yulu Bikes), Indiaโ€™s largest shared electric two wheeler mobility company

๐Ÿ”ธ RVNL & SALASAR

They have emerged as the lowest bidder from Madhya Pradesh Power Transmission Company Limited for construction of 132 KV & 220 KV Transmission Lines and associated Feeder Bays. The order cost is Rs. 173.99 crores

๐Ÿ”ธ Sona BLW

The Company has received certification for one of its product i.e. hub wheel drive motor for electric two-wheelers under the PLI scheme

๐Ÿ”ธ Vodafone Idea

The board will meet on Feb. 27 to consider fundraising proposals. KM Birla has said the Aditya Birla Group does not plan to exit the business and is looking for new investors.

๐Ÿ”ธ Bank of Baroda

The lender raised Rs 2,500 crore via Tier II bonds at a 5.57% coupon

๐Ÿ”ธ IRCTC

The company has tied up with Swiggy for supply & delivery of pre-ordered meals through IRCTC e-catering portal as a Proof of Concept in the first phase at four Railway stations i.e. Bengaluru, Bhubaneswar, Vijayawada & Visakhapatnam.

๐Ÿ”ธ ION Exchange India

NCLT, Mumbai-approved scheme of amalgamation of Global Composites and Structurals and Ion Exchange Environment Management with Ion Exchange

๐Ÿ”ธ Angel One

The board approved raising up to Rs 2,000 crore in tranches.

๐Ÿ”ธ Morepen Labs

The board approved raising funds up to Rs 350 crore via QIPs.

๐Ÿ”ธ IRB Infrastructure

The company approved raising up to $550 million via FX bonds.

๐Ÿ”ธ PFC

The company will consider a fundraising proposal on Feb. 29.

๐Ÿ”ธ Oil India

The company signed an MoU with Fertilisers and Chemicals Travancore (FACT) for green hydrogen.

๐Ÿ”ธ Bharat Forge

The company has invested Rs 133.58 crore in Bharat Forge Global Holding GmbH.

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