1 009
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1 009
Good morning 🌼
Happy monday, happy new week! ❤️💚
Are you excited to trade today?
Yes 👍
No 👎
Totally ❤️
Not at all 😁
Can't wait 🔥
1 009
*Stocks To Watch:*
✅ *SJVN:*
The company has received a Letter of Intent for the allotment of the Darzo Lui pumped storage project from the Government of Mizoram. With an installed capacity of 2,400 MW, the estimated cost of the project upon completion is Rs 13,947.50 crore.
✅ *Sobha:*
Anamudi Real Estates LLP, a privately-held arm of the Godrej family, is likely to sell a 5% stake in Sobha through block deals for $100 million, CNBC-TV18 reported citing sources. Anamudi Real Estates holds a 9.99% stake in the real estate company.
✅ *Mankind Pharma:*
The company has entered into a definitive agreement to acquire a 100% stake in Bharat Serums and Vaccines Limited (BSV) from Advent International, for an enterprise value of Rs 13,630 crore.
✅ *Magadh Sugar & Energy:*
Sudershan Bajaj has resigned as Chief Financial Officer of the company due to personal reasons, effective July 31.
1 009
The end of the week is here! Are you excited for today?🤔🤔
A lot ❤️
Yes 👍
No 👎
Very excited 🔥
Don't care 😁
1 009
The end of the week is here! Are you excited for today?🤔🤔
A lot ❤️
Yes 👍
No 👎
Very excited 🔥
Don't care 😁
1 009
*Stocks To Watch:*
✅ *RBL Bank:*
Private equity firm EQT (formerly Baring PE Asia) is likely to sell a 7.9% stake in RBL Bank through a Rs 1,080-crore block deal on July 25, sources told CNBC-TV18. Baring PE will sell 4.78 crore shares at a floor price of Rs 226 per share.
✅ *Rail Vikas Nigam:*
The company has received a Letter of Acceptance from SER HQ-Electrical/South Eastern Railway for a project worth Rs 191.53 crore. The project involves the design, supply, erection, testing, and commissioning of a 132 KV traction substation, sectioning posts (SPs), and sub-sectioning posts (SSPs) in a 2x25KV system on the Rajkhaswan-Nayagarh-Bolani section of the Chakradharpur division of South Eastern Railway.
✅ *ITC:*
Subsidiary ITC Infotech India has incorporated a wholly owned subsidiary in Italy under the name ITC Infotech Italia s.r.l.
✅ *Dish TV India:*
The company has received board approval for raising funds up to Rs 1,000 crore via equity shares or bonds, in one or more tranches. The board also approved the incorporation of a subsidiary in India to undertake the business of distributing products and services through a robust digital platform.
✅ *Sun Pharmaceutical Industries:*
The US Food and Drug Administration (US FDA) has made the content of a warning letter public. The company received the warning letter from the US FDA for its Dadra facility on June 19. There is no impact on the company's financial, operational, or other activities. Sun Pharma will work with the US FDA and undertake all necessary steps to resolve the outstanding issues.
✅ *Dr Reddy's Laboratories:*
The pharma company has transferred 49% of its equity share capital in the joint venture company, Dr Reddy's and Nestle Health Science, to Nestle India. After the transfer, Dr Reddy's Labs holds 51% of the share capital, while Nestle India holds 49% of the share capital in the joint venture company.
