STOCKS IN ACTION 16 MAY Ultratech Cement: Ultratech Nathdwar | Indian Stock Market

STOCKS IN ACTION 16 MAY

Ultratech Cement: Ultratech Nathdwara Cement, the company’s wholly owned subsidiary commissioned a brownfield cement facility with annual capacity of 0.8 million tonnes in Neem Ka Thana, Rajasthan. The company’s total grey cement manufacturing capacity now stands at 129.95 million tonnes per annum

Wipro: The company will integrate its cloud computing framework with Google Cloud’s Rapid Migration Program, together with artificial intelligence and automated tooling, to accelerate cloud adoption among its clients.

HCL Technologies: The company expanded its partnership with SAP, becoming a customer of and a global strategic service partner for SAP SuccessFactors Human Experience Management Suite.

NIIT: The company bought remaining 10% stake in RPS Consulting for a fixed consideration of Rs 15 crore, and a performance based earnout consideration of up to Rs. 3.71 crore, payable over the next two years. NIIT now owns 100% stake in RPS Consulting.

Punjab & Sind Bank: The bank will hike marginal cost of funds based lending rates for overnight, one-month, and six-month tenures in the range of 5-10 basis points. Lending rates for three-month and one-year tenures have been kept unchanged.

HDFC Bank/HDFC: Markets regulator SEBI has approved change in control of HDFC Capital Advisors, a subsidiary of HDFC and a co-investment portfolio manager, pursuant to the merger of the two companies.

Vedanta: The company appointed Sonal Shrivastava as the chief financial officer, effective June 1, it said in a statement.

REPRO_INDIA: LARGE TRADE MALABAR INDIA FUND LIMITED Sold 512,000 Shares @ Rs 425/ Share
MADHURI KELA Bought 475,000 Shares

HOME_FIRST_FINANCE: LARGE TRADE @ Rs 700
ORANGE CLOVE INVESTMENTS Sold 18,85,714 Shares
AETHER MAURITIUS Sold 11,31,428 Sh
TRUE NORTH FUND Sold 16,97,143 Sh
GOVERNMENT PENSION FUND GLOBAL Bought 21,00,000 Shares
SOCIETE GENERALE Bought 710,000 Shares

ETHOS: LARGE TRADE Promoter Entity YASHOVARDHAN SABOO Sold 1.5 Lakh Shares @ Rs 1253/ Share