STOCKS IN ACTION 6 January RVNL gets order worth Rs 166 cr fr | Indian Stock Market

STOCKS IN ACTION 6 January

RVNL gets order worth Rs 166 cr from Gujarat Metro

RHI Magnesita: The board approved acquiring Dalmia OCL from Dalmia Bharat Refractories in a share swap, where the company will allot 2.7 crore shares at issue price of Rs 632.50 apiece to DBRL in exchange for its 8.25 crore shares.

Kewal Kiran Clothing: The company, which runs the fashion brand Killer, has entered a strategic partnership Board of Control for Cricket in India to become an official partner of the Indian cricket team.

Tata Motors: The board of the company will convene on Jan. 25 to consider and approve the financial results for quarter ended December 2022.

IDBI Bank: SEBI allowed classification of government stake as public shareholding after divestment of the bank.

Reliance Industries: English football club Manchester City has partnered with Jio Platforms, a subsidiary of the company, where the latter will be the club’s official mobile communications network partner in India.

Aster DM Healthcare: The company’s chief financial officer Sreenath Pocha Reddy resigned from the post, effective Jan. 5, 2023.

Coal India: The company’s registered a growth of 10.3% in production on-year, while India’s total coal production increased by 10.81% to 82.87 million tonnes.

Ambuja Cement: The company incorporated Ambuja Resources for manufacturing cement and allied products, alternate fuel and power generation.

Bajaj Finserv: Bajaj Allianz General Insurance December Business Update - The gross direct premium underwritten for the month stood at Rs 1,209.25 crore. - The same for the period up to December 2022 was Rs 11,608.60 crore.

Larsen & Toubro: The company’s subsidiary L&T Realty Developers entered into an Agreement to sell its entire stake of 99% in Think Tower Developers for Rs 1 lakh.

Mahindra & Mahindra: The company’s subsidiary Mahindra and Mahindra South Africa (Proprietary) informed that step-down subsidiary Mahindra West Africa was dissolved as on Jan. 4, 2023 by the Corporate Affairs Commission, Nigeria.

Mukand: The company completed the sale of 45.94 acres of the land in Thane, Maharashtra to AGP DC Infra Two for Rs 796.46 crore.