News Overview

Here is the important stock market news to watch out for today.

Asian markets opened in the red with the Japanese 'Nikkei' trading lower by 100 points after a huge sell-off on Monday as weak US cues see caution in early trade.

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

Adani Green Energy AGEL announced that its wholly owned subsidiary Adani Renewable Energy Holding Fifteen participated in a tender issued by Punjab State Power Corporation for procurement of 250 MW Solar Power from ground mounted grid connected solar PV power plants and has received the Letter of Award LOA to set-up 150 MW Solar Power Project The fixed tariff for this project capacity is Rs […]

Hindustan Aeronautics announced the cessation of M S Velpari Director Operations of the Company upon his superannuation on 28 February 2022

Indian Overseas Bank announced that India Ratings and Research has assigned its rating as IND AA- Stable for the proposed issue of Rs 800 crore Tier II Bonds under Basel III and reaffirmed the rating as IND AA- Stable for Basel III Tier II Bonds of Rs 500 crore

Maruti Suzuki India achieved total sales of 164056 units in February 2022 compared to 164469 units in February 2021 Total sales in the month include domestic sales of 137607 units sales to other OEM of 2428 units and its highest ever monthly exports of 24021 units The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in […]

VST Tillers Tractors achieved sales of 3012 power tillers and 424 tractors in month of February 2022 compared to 2159 power tillers and 507 tractors in February 2021

Mahindra Mahindra Farm Equipment Sector reported tractor sales of 20437 units in February 2022 compared to 28146 units in February 2021 recording a decline of 27Percentage Total tractor sales comprised of domestic sales of 18910 units lower by 30Percentage YoY and exports of 1527 units higher by 56Percentage YoY

Bharat Forge has completed the purchase of 23594274 equity shares of Kalyani Strategic Systems KSSL a subsidiary of the company from its existing shareholders resulting in an increase in the companys stake in KSSL from 51Percentage to 100Percentage Consequently KSSL has become a wholly owned subsidiary of the Company with effect from 28 February 2022