STOCKS IN ACTION 5 January IRB Infra Stock-split: Co approves | Indian Stock Market

STOCKS IN ACTION 5 January

IRB Infra Stock-split: Co approves subdivision of 1 share into 10

KRISHNA INSTITUTE OF MEDICAL SCIENCES: Board Approves Fund Raising Up To Rs 300 Crores Via NCDs In One/More Tranches

Bharti Airtel: The special committee of directors approved allotment of 83.5 lakh shares at a conversion price of Rs 521 apiece after certain holders converted FCCBs worth $60.4 million.

GR Infraprojects: Subsidiary GR Bhimasar Bhuj Highway received a letter from the NHAI declaring the appointed date of Jan. 2, 2023, for upgrading a section of NH341 from Bhimasar to Anjar–Bhuj in Gujarat to four-lanes. The bid project cost is Rs 1,085 crore.

Tata Power: The company will compute and claim tariff from the beneficiaries based on the Central Electricity Regulatory Commission order that grants compensation for emergnecy supply from its Mundra plant.

HUL completes purchase of 19.8% in Nutritionalab

SJVN: Cabinet Committee on Economic Affairs (CCEA), chaired by Hon’ble Prime Minister Shri Narendra
Modi, has approved investment of Rs 2614 Crore for 382 MW Sunni Dam Hydro Electric Project in Himachal Pradesh

HPCL: Forays into Petrochemical Business with pre-marketing of "HP DURAPOL" Brand Polymers
HPCL/NTPC: Signs MoU with NTPC Green Energy
To Expand Into Renewable Energy Domain and take up business opportunities in the sector and meet internal requirements of Green Power

MAHINDRA FINANCE: RBI lifts restrictions imposed on the Company with immediate effect
Alert On 22-Sep RBI had directed Company to cease carrying out any recovery or repossession activity through outsourcing arrangements, till further orders

SREI INFRASTRUCTURE FINANCE: RBI Appoints Administrator For SREI Infra Fin & SREI Equipment Fin; Supersedes Board

ARIES AGRO: Company’s Flagship Product-CHELAMIN granted All India First ISI Mark for Chelated Zinc by the
Bureau of Indian Standards

National Aluminium Co.: The company's board will meet on Jan. 17 to consider interim dividend for the current fiscal.

ADANI PORTS: December Month Operational Update
Handled ~25.1 MMT of Total Cargo
This factors YoY Growth of 8% in Container Volumes

MARICO: Q3Update
Sector Witnessed Demand Improvement
Urban, Premium Maintained Steady Growth
Rural Demand Recovery not as visible
India Biz posts mid-single-digit volume growth
International Biz high single-digit CC Growth
YoY Conso Revenue in low single digit