STOCKS TO WATCH 20 MARCH Patanjali Foods: The company clarif | Stock Market Line📈📉

STOCKS TO WATCH 20 MARCH

Patanjali Foods: The company clarified that it is planning to float another follow-on public offer to meet the minimum public shareholding, but considering all modes for this purpose, including an offer for sale and/or qualified institutions placement.

Tata Consumer Products: The company ceased negotiations with Bisleri with over a potential transaction. It said no definitive agreement or binding commitment has been signed on this matter

NTPC: The Cabinet Committee on Economic Affairs exempted NTPC's investment in NTPC Green Energy from extant guidelines of delegation of power to Maharatna CPSEs, allowing the company to invest over the prescribed limit.

HDFC: The RBI imposed a monetary penalty of Rs 5 lakh on the company on account of certain regulatory violations. The company said it will take necessary steps to comply with the order.

Rail Vikas Nigam: The company was selected as the lowest bidder for a composite package of four contracts related to the new broad gauge railway line of Haryana Orbital Rail Corporation project, jointly worth Rs 1,088.49 crore.

Navin Fluorine International: Navin Fluorine Advanced Sciences, a wholly owned subsidiary of the company, will set up a new 40,000 tonnes per annum hydrofluoric acid capacity at Dahej at a cost of Rs 450 crore.

Havells India: The company started commercial production of air conditioners at its facility in Sri City, located in Chittor district of Andhra Pradesh.

Garware Technical Fibres: The company entered an agreement with TP Bhaskar Renewables to acquire and/or subscribe to 26% of the latter for Rs 4.5 crore.

Adani Transmission: The company incorporated a wholly owned subsidiary, Adani Electricity Nashik, to apply for parallel distribution licence in Nashik are

SKF India: The company acquired 26% stake in Cleanmax Taiyo by acquiring 2,600 shares of face value Rs 10 each. The acquisition is meant to reduce energy costs and greenhouse gas emissions, and source renewable energy.

Torrent Pharmaceuticals: The U.S. FDA issued one observation after the pre-approval inspection of the company’s oral-oncology manufacturing facility at Bileshwarpura, Gujarat from March 13 to March 17.

Bharat Petroleum Corporation: Krishnakumar Gopalan was appointed, and has taken over the charge, as chairman and managing director of the company.

Aditya Birla Fashion and Retail: Credit rating agency Crisil revised its rating for the company’s lon-term loans to ‘AA+’ from ‘AA’, with outlook at stable.

SJVN BAGS ORDER Arm Bags 200 MW Solar Project From Maharashtra State Electricity Distribution Company Limited

Federal Bank approves issuance of Unsecured, Basel III compliant, Tier-II Subordinate Bonds worth Rs 1,000 cr on a private placement basis

BPCL raises Rs 935 crore through the issue of NCDs to eligible investors

GMR Airports to raise Rs 2,900 crore via Foreign Currency Convertible Bonds

BLISS GVS PHARMA:USFDA Issues Form 483 With 3 Minor Observations For Palghar Manufacturing Unit
Observations Are Procedural In Nature
Shall Prepare Detailed Response To The

GODAVARI POWER AND ISPAT: APPROVES BUYBACK
Board Approves Rs 250 Crore Share Buyback Via Tender Offer Route
BuyBack of 50 Lakh Shares (3.66% Equity)
@ Rs 500/ Share (CMP=388)

SAURASHTRA CEMENT: NCLT APPROVAL
NCLT Ahmedabad Approves Merger Of GujaratSidheeCement With Saurashtra Cement & Their Respective Shareholders & Creditors

CAN FIN HOMES: MD’s APPOINTMENT Appoints Suresh Srinivasan Iyer As MD And CEO
Alert Suresh Srinivasan Iyer Is Former Bandhan Bank Housing Finance Head