Market Commentary     23-Feb-24
Stock Alert
Angel One, Vodafone Idea, Bajaj Auto will be watched

Angel One: The company will raise up to Rs 2000 crore through preferential issue, QIP or other modes. The objective is to enhance financial flexibility, supporting business growth, and capitalizing on emerging opportunities in both current and expanding broking activities, as well as in the broader fintech sector.

Vodafone Idea: Aditya Birla Group Chairman Kumar Mangalam Birla on Thursday said that the group was committed to the cash-strapped Vodafone Idea. The company will consider fundraising at a board meeting on 27 February 2024.

Bajaj Auto: The company has made further investment of Rs. 45.75 crores in Yulu Bikes, India's largest shared electric two wheeler mobility company.

RVNL and Salasar Techno Engineering: The joint venture has emerged as the lowest bidder from Madhya Pradesh Power Transmission Company for construction of 132 KV & 220 KV Transmission Lines and associated Feeder Bays. The order cost is Rs 173.99 crore.

Sona BLW Precision Forgings: The company has received certification for one of its product i.e. hub wheel drive motor for electric two-wheelers under the PLI scheme.

Bank of Baroda: The lender raised Rs 2,500 crore via Tier II bonds at a 5.57% coupon.

Indian Railway Catering and Tourism Corporation (IRCTC): The company has tied up with Swiggy for supply & delivery of pre-ordered meals through IRCTC e-catering portal as a Proof of Concept in the first phase at four Railway stations i.e. Bengaluru, Bhubaneswar, Vijayawada & Visakhapatnam.

ION Exchange India: NCLT, Mumbai-approved scheme of amalgamation of Global Composites and Structurals and Ion Exchange Environment Management with Ion Exchange.

Morepen Laboratories: The board approved raising funds up to Rs 350 crore via QIPs.

IRB Infrastructure: The company approved raising up to $550 million via FX bonds.

Power Finance Corporation (PFC): The company will consider a fundraising proposal on 29 February 2024.

Oil India: The company signed an MoU with Fertilisers and Chemicals Travancore (FACT) for green hydrogen.

Bharat Forge: The company has invested Rs 133.58 crore in Bharat Forge Global Holding GmbH.

Previous News
  Vodafone Idea launches new plans
 ( Corporate News - 29-Jun-24   12:20 )
  Angel One schedules board meeting
 ( Corporate News - 28-Jun-24   11:17 )
  Board of Sona BLW Precision Forgings appoints director
 ( Corporate News - 28-Jun-24   10:20 )
  Indices trade with minor gains; Nifty climbs above 23,900
 ( Market Commentary - Mid-Session 27-Jun-24   11:34 )
  GTL Infrastructure Ltd Surges 4.93%
 ( Hot Pursuit - 26-Jun-24   09:30 )
  Vodafone Idea to conduct EGM
 ( Corporate News - 15-Jun-24   13:55 )
  Indices rally for 3rd day; auto shares jump
 ( Market Commentary - Quick Review 14-Jun-24   15:46 )
  Sensex up 142 pts; VIX slides 5.50%; European mkt decline
 ( Market Commentary - Mid-Session 14-Jun-24   13:39 )
  Barometers turn rangebound; broader mkt outperforms
 ( Market Commentary - Mid-Session 14-Jun-24   12:39 )
  Vodafone Idea board OKs raising upto Rs 2,458 cr via preferential issue
 ( Hot Pursuit - 14-Jun-24   10:53 )
  Indices edge lower in early trade; breadth positive
 ( Market Commentary - Mid-Session 14-Jun-24   09:33 )
Other Stories
  Stock alert: MTAR Tech, RIL, Stanley Lifestyle, Vedanta, SBI
  28-Jun-24   08:38
  Stock alert: KNR Construction, Patanjali Foods, Salasar Techno Engg, PI Inds, Tata Comm
  27-Jun-24   08:41
  Stock alert: Sanghi Industries, Mazagon Dock, Sterling and Wilson Renewable, Borosil
  26-Jun-24   08:31
  Stock alert: Star Cement, Advanced Enzyme, Satin Creditcare, RBL Bank, Sun Pharma
  25-Jun-24   08:46
  Stock alert: Gland Pharma, Gujarat Fluorochem, Ujjivan SFB, Prestige Estates, IREDA
  24-Jun-24   08:41
  Stock alert: Paisalo Digital, Greenply Industries, Heubach Colorants, GIC Housing
  21-Jun-24   08:33
  Stock alert: Indus Towers, Gland Pharma, Advanced Enzyme, DMart, Sapphire Foods
  20-Jun-24   08:50
  Stock alert: Protean eGov Tech, Indus Tower, Zee Entertainment, Tata Technologies
  19-Jun-24   08:37
  Stock alert: Ixigo, Westlife Foodworld, Bharti Airtel, Som Distilleries, Paytm
  18-Jun-24   08:44
  Stock alert: Action Construction, Vodafone Idea, Ambuja Cement, Nitco, Puravankara, Wipro
  14-Jun-24   08:40
Back Top