By earn 
Stocks to Watch Today
Company |
News |
| Punjab National Bank |
Approved raising up to Rs 7,500 crore in one or more tranches during the next financial year.
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| Swan Energy |
Approved raising Rs 4,000 crore via multiple instruments.
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| RBL Bank |
ICICI Prudential AMC and ICICI Prudential Life received RBI’s nod to acquire aggregate holdings of up to 9.95% in the two lenders.
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| Federal Bank, Equitas Small Finance Bank |
RBI approved ICICI Prudential Asset Management Company to acquire up to a 9.95% stake in the company.
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| Oil Marketing Companies |
Likely to announce cuts in petrol and diesel prices, as per reports.
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| ICICI Lombard General Insurance |
Received a Rs 1,728 crore demand from the GST Authority and a penalty of Rs 172 crore for the period July 2017 to March 2022. The company will file an appeal.
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| Thermax |
Completed the transfer of leasehold rights to a vacant plot in Pune for Rs 135.66 crore.
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| Tata Coffee, Tata Consumer Products |
Scheme of arrangement effective from Jan. 1, 2024, involving the demerger of Tata Coffee’s plantation business and merger of the remaining business with Tata Consumer Products.
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| D B Realty |
Approved providing a corporate guarantee of Rs 45 crore to Capri Global Capital.
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| Aditya Birla Fashion and Retail |
Raised stake in unit Finesse International Design to 63.5% from 58.7% for Rs 20 crore.
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| Info Edge India |
Will invest Rs 25 crore in Zwayam Digital, a wholly-owned subsidiary.
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| The Ramco Cements |
Approved acquisition of shares of its arm, Ramco Industries, for Rs 16 crore.
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| Kama Holdings |
Promoter sold 17,234 shares (0.05%) in the open market to achieve a minimum public shareholding of 75%.
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| Satin Creditcare Network |
Entered into a master agreement for co-lending of loans to microfinance borrowers with Karnataka Bank.
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| RedTape |
Entered into a strategic, marketing, and technical tie-up with Open Network for Digital Commerce (ONDC).
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| Waaree Renewables |
Signed a collaboration agreement with 5B Maverick Services to accelerate the deployment of utility-grade solar power.
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| Lemon Tree Hotels |
Signed a franchise agreement for an upcoming hotel in Mussoorie, Uttarakhand.
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| Power Mech Projects |
CFO J. Satish resigned, and Nani Aravind Nallamothu appointed for the same position.
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| PCBL |
Incorporated Advaya Chemicals as a wholly-owned subsidiary.
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| UPL |
Incorporated a new subsidiary in Saudi Arabia for its chemical manufacturing business.
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| India Shelter Finance |
Reported a net profit of Rs 60 crore in Q2, up 67.1% YoY. Earned an interest of Rs 167.9 crore in Q2 FY24, up 42% YoY.
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| Bank Of Baroda |
Raised interest rates on retail term deposits for various tenors by up to 125 bps.
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| Tata Steel |
Uttar Pradesh State Pollution Control Board imposes an environmental damage compensation of ₹6,75,000.
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| Aarti Drugs |
SEBI sent an administrative warning over the non-disclosure of plant closures in April 2022.
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