2024-03-18 07:33:52
Stocks to watch-
Life Insurance Corp: The government has approved a 17% overall hike in wages for more than 1.10 lakh employees of the insurance giant.
ITC: The company entered into a share purchase agreement with its arm, Russell Credit, to acquire a 45.36% stake in International Travel House.
Asset Management Companies: Mutual funds reported their stress test results on Friday, following the market regulator's concern about "forth" in the mid- and small-cap space.
Zee Entertainment: The company's Managing Director and Chief Executive Officer, Punit Goenka, streamlined the technology and data vertical.
Gujarat Gas: The company has invited expressions of interest from ceramic customers for the purchase of natural gas.
Hindustan Aeronautics: The company signed a contract worth Rs 2,890 crore with the Ministry of Defence for the mid-life upgrade of 25 Dornier aircraft along with associated equipment for the Indian Navy.
Jindal Stainless: The company supplied stainless steel for India's first underwater metro line in Kolkata. This landmark project is worth Rs 4,965 crore.
Adani Group stocks: The Adani group plans to invest over Rs 1.2 lakh crore (about $14 billion) across its portfolio companies that range from ports to energy, airports, commodities, cement and media in fiscal year starting April 1, according to a PTI report.
Rail Vikas Nigam: The company received a Letter of Acceptance worth Rs 339 crore from Maharashtra Metro Rail for the design and construction of the Pune Metro Rail Project.
Punjab National Bank: The bank, in its EGM, approved raising equity capital of up to Rs 7,500 crore through qualified institutional placements or any other permitted mode or a combination.
Brigade Enterprises: The company announced the launch of BuzzWorks in Bengaluru. BuzzWorks introduces flexible and managed workspace solutions to cater to the evolving needs of modern businesses.
Metro Brands: The company received an NCLT nod to demerge Metro Athleisure from the company.
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