STOCKS IN ACTION 3 February Medico Remedies: Approves Share | Indian Stock Market

STOCKS IN ACTION 3 February

Medico Remedies: Approves Share Split Of 1 Share Into 5 Shares

Likhitha Infra bags an order worth Rs 129.6 cr from GAIL

Engineers India: The company signed an MoU with Ministry of Housing and Urban Affairs for providing transaction advisory services for setting up large scale bio‐methanation and waste-to-energy projects in selected 25 cities.

TVS Motor to invest $95 lakh in Ion Mobility

Inox Green to buy 51% in I-Fox Windtechnik

SBI Life Insurance Co.: The life insurer told the exchanges that the impact of Budget recommendations to non-linked policies with annual premium of above Rs 5 lakh will not be significant as the share of such policies in the total annual premium equivalent is under 2%.

HDFC Life: On Budget recommendation to tax policies with annual premium above Rs 5 lakh, the insurer clarified that the business at risk could be 12-12% of the total APE.

NMDC: LumpOre price fixed at Rs 4,400/tonne

Central Bank Of India: Entered Into A Strategic Co-Lending Partnership With Mag Finserv Partnership To Offer Gold Loans To MSME, Agriculture And Individual Borrowers

HDFC Asset Management Co: SEBI gives its approval to abrdn Investment Management to sell its entire stake of 10.21% in HDFC Asset Management Co

Adani Ports and Special Economic Zone: The company’s subsidiary Adani Harbour Services incorporated Port Harbour Services International in Singapore to carry out business, consultancy of port and marine services and trading in equipment relating to port and marine business.

Adani Enterprises: S&P Dow Jones Indices will remove Adani Ent from Dow Jones Sustainability Indices, effective prior to the open on Tuesday, February 7, 2023
The National Stock Exchange has put Adani Enterprises Ltd., Adani Ports and Special Economic Zone Ltd., and Ambuja Cements Ltd. under short-term additional surveillance measure. Under the framework, applicable margin will be 50% or existing margin, whichever is higher, subject to maximum rate of margin capped at 100%, a circular on the NSE said. This will be effective from Feb.