After a slow start, the markets picked up and gained over half a percent on Wednesday. Here are some stocks to keep an eye on due to recent news:
Inox Green Energy
- Investor Ashish Kacholia invested ₹40 crore in Inox Green Energy Services as part of the company’s ₹1,050 crore fundraising plan.
Titagarh Rail Systems
- Blackrock bought over 9.46 lakh shares in Titagarh Rail Systems for ₹153.12 crore through block deals.
India Cements
- India Cements will be removed from the futures and options (F&O) segment after the August series.
JSW Energy
- JSW Energy’s subsidiary, JSW Neo Energy, signed power purchase agreements (PPAs) for wind and solar projects with a total capacity of 1,325 MW.
SJVN
- SJVN signed a Memorandum of Understanding (MoU) with AM Ammonia India for green ammonia plants.
RVNL
- The KRDCL-RVNL joint venture received a letter of acceptance (LoA) for a project worth ₹156.47 crore from Southern Railway.
KEC International
- KEC International received new orders worth ₹1,025 crore in its Transmission & Distribution (T&D) and cable businesses.
CSB Bank
- FIH Mauritius is likely to sell a 9.72% stake in CSB Bank through block deals on Thursday.
Dr Reddy’s
- Dr Reddy’s subsidiary, Reddy’s Laboratories SA in Switzerland, entered into a definitive agreement with Haleon plc to acquire Nicotinell and related brands.
Jubilant Ingrevia
- Jubilant Ingrevia appointed Varun Gupta as the chief financial officer, effective August 12, 2024.
Bharti Airtel
- Bharti Airtel acquired 97 MHz spectrum in the 900 MHz, 1800 MHz, and 2100 MHz frequency bands for ₹6,857 crore.
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