Top Stocks in Focus for Tuesday’s Trading Session
ABB India: ABB has joined forces with Titagarh Rail Systems in a strategic partnership, aiming to supply propulsion systems for metro rolling stock projects in India.
HDFC Life Insurance Company: Karnataka Bank has formed a strategic alliance with HDFC Life Insurance, intending to provide life insurance products to its customer base.
RateGain Travel Technologies: The company announced a successful fundraising of over ₹600 crore from qualified institutional buyers (QIBs) on November 20. The board of directors approved the allotment of 93,31,259 shares to QIBs at ₹643 per share.
Indian Renewable Energy Development Agency (IREDA): IREDA’s IPO is open for subscription from today until Thursday, with a price band set between ₹30 to ₹32 per equity share. The IPO includes a fresh issue of up to 40.32 crore shares and an offer for sale (OFS) of up to 26.88 crore equity shares, totaling ₹2,150.21 crore.
Tata Power Renewable Energy Ltd: TPREL has expanded its portfolio with the addition of 1.4 GW group captive projects in India over the past six months, bringing its overall renewables capacity to 7,961 MW as of October.
Oberoi Realty: The company has launched Forestville by Oberoi Realty, marking the debut of the first luxury residential project in Kolshet, Thane. The project’s first phase includes three towers.
Kirloskar Electric Company: The lockout at unit no. 15 in Bhudihal, Nelamangala taluk, Bengaluru Rural District, has been lifted as of November 20, according to the company. The management has called on all workmen to resume their duties.
HCKK Ventures: The software and services provider has revealed plans for the merger of Softlink Global, a logistics technology solutions leader, with HCKK, pending approval from the market regulator. The acquisition is valued at approximately ₹430 crore.
Tech Mahindra: Tech Mahindra Americas has inked a collaboration deed with Neom Tech to offer digital services. A new subsidiary will be established to deliver product and platform development services to Neom group companies.
Vascon Engineer: The company has secured a letter of intent worth ₹356.78 crore from Pimpri-Chinchwad Municipal Corporation.