2023-02-06 05:00:48
STOCKS IN ACTION 6 FEBRUARY
Adani Enterprises, Adani Ports and SEZ and Ambuja Cements: The three stocks will be under the NSE's short-term additional surveillance measure or ASM starting Feb. 6. From Monday, the applicable margin on the three stocks will be 50% or existing margin, whichever is higher, subject to maximum rate of margin capped at 100%, the NSE circular had said.
Vodafone Idea: The government will convert the company’s AGR dues into equity. Vodafone Idea has been directed to issue 16.13 million equity shares of face value Rs 10 each at an issue price of Rs 10 each.
Adani Power: The company confirmed that its subsidiary, Adani Power (Jharkhand), has received a communication from Bangladesh Power Development Board to consider a discount on the energy charge, but it is not considering any amendment to the power purchase agreement.
Engineers India: The company has received an EPCM services contract for setting up gas based greenfield 4,000 TPD urea and 2300 TPD ammonia complex. It has also received orders from ADNOC Offshore, Abu Dhabi, UAE for minor engineering works for offshore facilities and a feasibility study for crude storage tanks at terminal facilities.
Bajaj Finserv: Bajaj Allianz Life Insurance Co., a material subsidiary of the company, analysing the potential impact of the Budget recommendation to tax proceeds from non-linked policies with annual premium over Rs 5 lakh.
Samvardhana Motherson International: The board is scheduled to meet on Feb. 8 to consider raising funds via issuance of bonds, debentures, non-convertible debt securities or through any other permissible mode.
Mahindra & Mahindra Financial Services: The company appointed COO Raul Rebello as MD& CEO-Designate. He will assume the position after Ramesh Iyer, the current vice chairman & managing director of the company, superannuates on April 29, 2024.
Bank of Baroda: RBI fined the bank Rs 30 lakh over violation of norms related to deposit interest rates and KYC.
Natco Pharma: US FDA completes regulatory inspection of Natco Pharma's Vizag-based formulation facility; issues two observations
HINDUSTAN_AERONAUTICS PMModi To Inaugurate New helicopter manufacturing facility Tomorrow The facility at Tumakuru, Karnataka is spread over 615 Acres and will manufacture a wide range of helicopters of 3-ton to 12-ton class
Gail India: Russia's Novatek In Talks On Gas Sales Deal With Gail India - Sources
Adani Ports: S&P - Outlook On Adani Ports And Adani Electricity Revised To Negative; Ratings Affirmed
2.8K views02:00
I
