Stock In News Today: 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.
FOCUS ON RELIANCE IND
Reliance New Energy bought the assets of Lithium Werks BV. The company has bought the assets of Lithium Werks BV for $61 million. is the portfolio of Lithium Werks BV. Lithium Werks Tech will buy 100% stake in Lithium Werks China. Let us know that Lithium Werks manufactures Lithium Iron Phosphate batteries. The company has businesses in the US, Europe and China. Lithium Werks has a production capacity of 200 mWh. Capable of manufacturing coating, cells and custom modules.
WIPRO in focus
The company has received orders from Speira in Germany and Norway. The company got the order for the next 5 years. The company will strengthen tech infra and cyber security.
FOCUS ON PERSISTENT SYSTEMS
The company will buy a $71.71 Mn stake in MediaAgility. The deal includes a $53.25 Mn upfront payment to shareholders.
Oil-Gas Sector in Focus
Crude oil has slipped more than 27% from a 14-year peak. OMCs, paint companies and airlines will benefit. Crude slipping is negative for ONGC, Oil India, GAIL.
Godrej Properties in focus
Bought 50 acres of land in Sonepat, NCR.
EMBASSY OFFICE PARKS REIT:
The board will consider raising funds in a meeting on March 17.
Also read- Trade setup for today: Take a look at these figures before the market opens, it will be easy to catch profitable deals
INDIABULLS HOUSING IN FOCUS
Sameer Gehlaut has resigned as non-executive director. The old promoters will now be considered in the public category. The old promoters will not have any control over the company.
The company has given clarification regarding the merger of Cinepolis. However, Speculative will not comment on the news. Evaluation of organic and in-organic possibilities has been released.
RITES IN FOCUS
The company has declared the third interim dividend. The company will pay an interim dividend of Rs 7.5 per share.
The company will invest Rs 550 crore in Chennai. The company will build a Standard Chartered Global campus. 1 million sqft office area will be developed. The work is expected to be completed by the middle of 2024. DLF will set up a new project in Chennai from Downtown. 5000 crore will be spent on the new project in 27 acres. The company will invest through subsidiary DLF CCDL.
,