These are some stocks to watch out for ahead of Tuesday’s trading session.
ABB India: ABB and Titagarh Rail Systems have formed a strategic partnership to provide propulsion systems for metro rolling stock projects in India.
HDFC Life Insurance Company: Karnataka Bank has formed a strategic partnership with HDFC Life Insurance to offer life insurance products to its customers.
RateGain Travel Technologies: The company said on November 20 that it raised ₹600 crore from qualified institutional buyers (QIBs). According to an exchange filing, the board of directors approved allotment of 93,31,259 shares to QIBs at ₹643 share.
Indian Renewable Energy Development Agency: IREDA’s IPO opens for subscription today and closes on Thursday. The band was fixed in the range of ₹30 to ₹32 per equity share with a face value of ₹10. The lot size is 460 equity shares and multiples of 460. The allotment to anchor investors took place on Monday, November 20. The IPO will consist of a fresh issue of up to 40.32 crore shares and an offer for sale (OFS) of up to. to 26.88 crore equity shares. The IPO size is ₹2,150.21 crores.
Tata Power Renewable Energy Ltd: TPREL said on Monday that it has added 1.4 GW cluster captive projects to its portfolio in India in the past six months. With the addition of these group captive projects, TPREL’s total renewable capacity hit 7,961 MW in October, the company said.
Oberoi Realty: The company launched Forestville by Oberoi Realty, the first luxury residential project in Kolshet, Thane. It launched the first phase of that project, consisting of three towers.
Kirloskar Electric Company: The company said it has withdrawn the lockout at its unit no. 15 located at Bhudihal, Nelamangala estate, Bengaluru Rural District with effect from 20 November. The management asked all workers to report to work.
HCKK Projects: The software and services provider has announced the merger of Softlink Global, a global leader in logistics technology solutions, with HCKK, subject to the approval of the market regulator. HCKK acquires Softlink at an approximate valuation of ₹430 crores.
Mahindra Technician: Tech Mahindra Americas has signed a collaboration with Neom Tech to provide digital services. It will incorporate a new subsidiary to provide product and platform development services to Neom group companies.
Vascon Engineer: The company has bagged a letter of intent ₹356.78 crore from Pimpri-Chinchwad Municipal Corporation.
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Updated: 21 Nov 2023, 06:51 IST