Top stocks in focus: Apollo Hospitals, Bharat Electronics, Panacea Biotec, Hinduja Global, JSW ISPAT

25 Feb 2022 , 07:46 AM

Apollo Hospitals will replace Indian Oil in the benchmark Nifty 50 from March 31, 2022, as part of the semi-annual index review. The changes will also be applicable to the Nifty 50 Equal Weight Index.

The Ministry of Defence has signed a contract worth Rs1,075 crore with Bharat Electronics for the retro-modification of commander sight of battle tanks-T-90. The company will supply 957 commander thermal imager cum day sights for T-90 tanks of the Indian Army.

The Coalition for Epidemic Preparedness Innovations will partner with a consortium comprised of the Translational Health Science and Technology Institute and Panacea Biotec to develop vaccine candidates that could provide broad protection against SARS-COV-2 variants and other Betacoronaviruses.

Hinduja Global bagged a contract worth Rs2,100 crore (£211 million) by the UK Health Security Agency to provide critical customer support to UK citizens for an initial period of two years, with an option to extend further.

JSW Ispat has completed acquisition of 100% equity share capital of Mivaan Steels Ltd.

Minda has acquired stakes in four partnership firms including YA Auto Industries (87.5%), Auto Components (95%), Samaira Engineering (87.5%) and S.M. Auto Industries (87.5%).

Arihant Capital to consider splitting each share into 5 on March 3.