Market Commentary     24-Aug-23
Stock Alert
Ramkrishna Forgings, Coforge, Torrent Pharma will be watched

The following securities are banned from F&O trading on 24 August 2023: BHEL, DELTACORP, ESCORTS, GNFC, HINDCOPPER, IBULHSGFIN, INDIACEM, MANAPPURAM, METROPOLIS, PNB, SUNTV.

Ramkrishna Forgings has been awarded a business contract worth 17.2 million euros from a Eurasian customer in the farm equipment industry. The contract spans over four years, resulting in an annual contract value of approximately 4.31 million euros. The company will supply forged and machined components for transmission and engine parts.

Sprayking Agro Equipment's board has approved the issuance of 8,40,000 convertible warrants on a preferential basis to foreign investors, Nexpact and AG Dynamic Fund, at a price of Rs 207 per warrant, subject to regulatory approvals.

Torrent Pharmaceuticals has received an Establishment Inspection Report (EIR) from the USFDA for its manufacturing facility in Dahej, Gujarat. The inspection conducted by the regulator from 17 May 2023, to 25 May 2023, has been successfully closed.

Coforge has launched Coforge Quasar, a Gen AI Platform designed to build Enterprise AI capabilities. It comes with a comprehensive set of 100+ APIs, pre-built use cases, and a fully governed framework for enhanced security and controls.

Previous News
  Coforge allots 3,221 equity shares under ESOP
 ( Corporate News - 28-Jun-24   13:07 )
  Coforge recognized as Exceptional Performer in 2024 UK IT Sourcing Study
 ( Corporate News - 28-Jun-24   09:45 )
  Sprayking to consider Bonus Issue
 ( Corporate News - 24-Jun-24   09:41 )
  Coforge receives the Great Place To Work® Certification™
 ( Corporate News - 21-Jun-24   10:29 )
  Sprayking wins order of Rs 1.5 cr
 ( Corporate News - 19-Jun-24   09:15 )
  Coforge wins the Intelligent Automation award at Pega Partner Awards
 ( Corporate News - 18-Jun-24   13:39 )
  Coforge Ltd soars 4.25%, up for third straight session
 ( Hot Pursuit - 07-Jun-24   13:05 )
  Ramkrishna Forgings allots 22,440 equity shares under ESOP
 ( Corporate News - 04-Jun-24   12:30 )
  Coforge to declare Quarterly Result
 ( Corporate News - 04-Jun-24   11:06 )
  Coforge Ltd slips for fifth straight session
 ( Hot Pursuit - 03-Jun-24   13:35 )
  Ramkrishna Forgings receives credit ratings for bank facilities
 ( Corporate News - 29-May-24   18:49 )
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