Market Commentary     26-Sep-23
Stock Alert
Tata Steel, Delta Corp, M&M, Wipro in spotlight

Tata Steel: Ratings agency Moody's upgraded the corporate family rating of Tata Steel from 'Ba1' Positive to 'Baa3' Stable and changed the outlook to stable from positive.

Delta Corp: Ashish Rameshchandra Kacholia sold 15 lakh shares (0.56%) for Rs 144.65 each.

Indiabulls Real Estate: Creditcorp Investment Advisors sold 30.95 lakh shares (0.57%) for Rs 85.38 each.

Mahindra & Mahindra: Canada's Ontario will buy a 20% stake in company unit Mahindra Teqo for Rs 35 crore. The stake sale will be completed by 3 January 2024.

Wipro: The company sold a 14.02-acre land parcel and building in Chennai to Casagrand Bizpark for Rs 266.38 crore.

HDFC Asset Management Company (HDFC AMC): The company will invest Rs 25 crore in unit HDFC AMC International to help it meet the net worth requirements prescribed for Registered Fund Management Entity (Retail) under IFSC rules.

Mankind Pharma: The commercial operations with respect to pharmaceutical formulations has commenced at the company's newly set-up plant in Udaipur, Rajasthan with effect from 25 September 2023.

Kalpataru Projects International: The company will raise Rs 150 crore via NCDs through private placement.

Previous News
  Kalpataru Projects International schedules board meeting
 ( Corporate News - 05-Jul-24   10:13 )
  Delta Corp to conduct board meeting
 ( Corporate News - 03-Jul-24   09:30 )
  Market hits fresh life highs; Nifty ends above 24,000 level
 ( Market Commentary - The Week That Was 28-Jun-24   16:33 )
  Tata Steel Ltd down for fifth straight session
 ( Hot Pursuit - 27-Jun-24   13:35 )
  Market hit fresh record high, rallies for 3rd day; Nifty closes above 23,850
 ( Market Commentary - Quick Review 26-Jun-24   15:48 )
  Tata Steel acquires 14% equity stake in IFQM
 ( Hot Pursuit - 26-Jun-24   11:59 )
  Kalpataru Projects International wins orders worth Rs 2,333 cr
 ( Corporate News - 25-Jun-24   09:07 )
  Tata Steel to hold AGM
 ( Corporate News - 24-Jun-24   17:40 )
  Kalpataru Projects International schedules AGM
 ( Corporate News - 19-Jun-24   15:05 )
  Delta Corp Ltd leads gainers in 'A' group
 ( Hot Pursuit - 19-Jun-24   12:00 )
  Kalpataru Projects International raises Rs 300 cr via NCDs
 ( Corporate News - 13-Jun-24   14:33 )
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