Check out these stocks that have some major news and may move the markets,
The board of directors at Bajaj Auto has decided to postpone the decision to buy back shares. The stock is now near 52 week low.
For Rs 18.84 crore, the paint firm bought a 51 percent share in Weatherseal Fenestration. Weatherseal Fenestration is currently a sub part of the company.
The company’s board of directors has approved the issuing of non-convertible debentures worth up to Rs 2,000 crore on a private placement basis, according to a BSE filing.
Engineers India has been engaged as the project management consultant for Nayveli Lignite Corporation’s 1,200 TPD lignite to methanol plant. In 2027, this historic project is projected to be completed.
The company has established a new subsidiary, RMS GPT Ghana, to manufacture concrete sleepers in the Republic of Ghana.
To assist its clients in capitalizing on digital change, the IT services provider is increasing its investment in Norway. The company plans to expand from 85 to 350 personnel over the next two years. Wipro is determined to maintain its 95 percent locally hired personnel in Norway during its upcoming expansion phase.
In South Africa, Cipla and DNDi, a non-profit research and development organization, released a child-friendly 4-in-1 antiretroviral medication for young HIV-positive children. Cipla and the Drugs for Neglected Diseases initiative collaborated to develop this medication.
With effect from July 1, Priyadarsi Bastia has been appointed as the company’s chief financial officer and key managerial staff. It happened after P Krishnamoorthy, the previous CFO, resigned.
After signing a deal with French firm TotalEnergies the stock took a sharp you-turn yesterday, positive sentiment may continue today as well.
The stock was the top gainer yesterday after the news came that the government may restart some of the plants as coal plants cannot meet the rising demand for power.
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