Here are some of the stocks the stocks that may see significant price movement today.
Britannia Industries: The company has established another collaboration with Bel Group for local cheese production in India. The factory in Ranjangaon, Maharashtra, will produce 10,000 tonnes of Britannia The Laughing Cow cheese products each year to fulfil Indian consumers’ expanding demand. The joint venture plans to invest ₹220 Crore in the cheese plant.
PNC Infratech: The company was the lowest bidder for an EPC project worth ₹2,090.6 Crore from the City & Industrial Development Corporation of Maharashtra (CIDCO). The NAINA project includes infrastructure development of 20-meter-wide highways, the construction of different large and small structures (flyovers, minor bridges, VUPS, PUPS, and so on), and related electrical works (street lights) in TPS-8, 9, and TPS-12.
Rashtriya Chemicals and Fertilizers: RCF has approved granting an order worth ₹1,000.3 Crore to Larsen & Toubro for the construction of a 1200 MTPD (DAP base) complex fertiliser plant on an LSTK basis at RCF, Thal.
Sonata Software: The company has formed a strategic agreement with insurance technology vendor iNube to improve go-to-market operations for insurers in the United States and the United Kingdom.
Indian Railway Finance Corporation: IRFC has nominated Manoj Kumar Dubey as an Additional Director, with the designation of Chairman and Managing Director on the IRFC board. He is also appointed CEO of the company for five years.
Adani Enterprises: The business has begun its Qualified Institutions Placement (QIP) offering, with a floor price of ₹3,117.475 per share. According to sources, the QIP issue amount could be ₹4,200 Crore.
GR Infraprojects: The Maharashtra Metro Rail Corporation has issued the company a Letter of Acceptance for a project valued at ₹903.53 Crore. The project includes the design and construction of an elevated metro viaduct.
Rain Industries: Rain Carbon Inc, the company’s subsidiary, has inked an agreement with Northern Graphite Corporation to collaborate on the development and commercialisation of improved battery anode material (BAM) for lithium-ion batteries in electric vehicles.
Zee Entertainment Enterprises: The Independent Investigation Committee, which was appointed by the ZEE Board, submitted its report to the Board. The Committee noted that the transactions under scrutiny had no adverse effect on the corporation or its shareholders. The transactions were determined to be part of the normal course of business, with no material anomalies reported. The committee found no need for additional remedial and disciplinary measures, policy changes, or legal action to be taken.
Patanjali Foods: The Arbitration Tribunal directed Patanjali Ayurved, Patanjali Parivahan, and Patanjali Gramudhyog Nayas to transfer 1.86 lakh Patanjali Foods shares to Ashav Advisory LLP within 90 days. Ashav Advisory LLP must pay the respondents (Patanjali Ayurved, Patanjali Parivahan, Divya Yog Mandir Trust, Patanjali Gramudhyog Nayas, and the firm) within seven days of receiving the shares.
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