Top stocks in focus: Varun Beverages, Bharat Petroleum, Deep Industries, KPI Global Infra, IRB Infra

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

December 30, 2021 7:25 IST | India Infoline News Service
Varun Beverages: The company has incorporated a new entity 'Varun Beverages RDC SAS' in the Democratic Republic of Congo to carry on the business of manufacturing, selling, trading and distribution of carbonated and non-carbonated beverages.

Bharat Petroleum Corporation: Life Insurance Corporation of India acquired a 2.019% stake in the company via open market transactions, increasing shareholding to 7.03% from 5.01% earlier.

Deep Industries: The company has received a letter of award from GSPC LNG (GLL) for the hiring of gas compression services at GSPC LNG Terminal, Mundra, Gujarat, for a period of 5 years. The total estimated value of the contract is approximate Rs44.40cr.

KPI Global Infrastructure: The company has received confirmation of the order for executing a solar power project of 10 MWDC capacity from Colourtex Industries, Surat under the 'captive power producer (CPP)' segment.

IRB Infrastructure Developers: The company has raised Rs5,346.6cr as it has approved allotment of 25,24,50,000 equity shares at a price of Rs211.79 per share to Cintra INR Investments BV and Bricklayers Investment Pte Ltd.

Kimia Biosciences: The company has been validated for the supply of pharmaceutical raw material (Bilastine) to Bangladesh by the Government of Bangladesh. This certificate of source validation is valid for 3 years from the date of issue.

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