Stocks In the News: Check out the companies making the biggest headlines before the opening bell.
NHPC | Promoters Agreement has been signed between NHPC and Green Energy Development Corporation of Odisha (GEDCOL) for formation of JV company for development of 500 MW floating solar power projects in various water reservoirs in Odisha.
GAIL | The company has acquired 26 percent stake in ONGC Tripura Power Company (OTPC). OTPC owns and operates a 726.6 MW gas-based combined cycle power plant in Palatana, Tripura.
RBL Bank: Retail advances of the bank were flat, wholesale advances grew 8% sequentially. Mix of retail with wholesale advances was approximately 53:47.
Bharti Airtel: Airtel Africa has received $ 159 million towards tower assets sale in Tanzania.
Mahanagar Gas | Life Insurance Corporation of India acquired 2 percent stake in the company via open market transactions, increasing shareholding 7.01 percent from 5 percent earlier.
Airline stocks: Domestic air traffic during December 29-January 4 declined 11%.
Hinduja Global: The company’s Board will Meet today to consider bonus issue.
Dilip Buildcon: The company was issued Completion Certificate for HAM project in Maharashtra.
Bharat Forge, Ramkrishna Forgings: December Class 8 truck orders up 14% YoY, at 22,800 units.
Gautam Gems | The company on January 13, will consider Right Issue of equity shares, along with unaudited financial result for the quarter ended on December 31, 2021.
Palm Jewels | The company on January 13, will consider Right Issue of equity shares, along with unaudited financial result for the quarter ended on December 31, 2021.
Ganesha Ecosphere | MCAP India Fund sold 2.5 lakh equity shares in the company at Rs 535.73 per share on the NSE, and 1.5 lakh shares at Rs 535.42 on the BSE, the bulk deals data showed.
Vishwaraj Sugar Industries | S K Growth Fund sold 10 lakh shares in the company at Rs 25.35 per share on the NSE, the bulk deals data showed.
Orient Green Power Company | Axis Bank offloaded 38 lakh shares in the company at Rs 22.4 per share on the NSE, and sold 45 lakh shares at Rs 22.8 per share on the BSE, the bulk deals data showed.
Spandana: Q3 net loss at Rs 58.7 crore against profit of Rs 66.9 crore (YoY); GNPA at 6.1% against 4.6% QoQ.
Moneycontrol News
