By keeping a close watch on every movement of stocks, your investment can definitely be protected. Here we are telling such stocks which will remain in the news today and on which the market will be eyeing.
SEBI strict on RUCHI SOYA
Market regulator SEBI has seen a tough stance on RUCHI SOYA. Retail investors have been given the option to withdraw the application from the FPO within 3 days. Actions have been taken due to SMS encouraging investment in the issue. Although SMS has been sent by Patanjali or Ruchi Soya, it is not clear. Let us tell you that yesterday was the last day of Ruchi Soya’s FPO. The FPO application can be withdrawn till March 30. The company will have to advertise the withdrawal of the application. For retail investors, the company will have to advertise in the newspapers. These advertisements will have to be given on March 29 and 30.
Block deal possible in SBI LIFE
Block deal is possible in SBI LIFE. Canada Pension Fund to sell stake in SBI Life Canada Pension Fund can sell 55.8 lakh shares, 0.56% equity deal is possible at 1,039-1,077 per share. Block deals are possible at a discount of up to 3.5%. SBI Life block deal size is possible Rs 500-600 Cr.
TATA POWER IN FOCUS
Tata Power has tied up with Rustomjee Group. This agreement has been done for EV charging infrastructure in Mumbai. Under this agreement, Rustomjee Group will set up 28 charging points in Mumbai. You will be able to avail the service through the Tata Power EZ mobile app.
ADANI TOTAL GAS IN FOCUS
ADANI TOTAL GAS has forayed into the electric vehicle charging sector. It has launched the first electric vehicle charging station in Ahmedabad. It is preparing to launch 1500 EVCS across the country.
AUROBINDO PHARMA IN FOCUS
Aurobindo Pharma has bought the business of Veritaz Healthcare for Rs 171 crore.
POWER GRID IN FOCUS
The company has got approval for investment of 821 Cr in 5 projects.
SUDARSHAN CHEM IN FOCUS
The board of the company has approved the raising of Rs 200 crore from NCDs.
Global market: Positive signal from global market, SGX NIFTY up about 100 points
GR INFRAPROJECTS IN FOCUS
GR Infra Projects has made the lowest bid for two projects worth Rs 1740 crore.
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