Action is seen on the shares of the stock companies of the listed companies of the stock market or the decisions taken by the government. Some companies announce their decisions after market close and some companies make their decisions public during market hours. Sometimes such information about companies is also filtered from other sources, which has a favorable or unfavorable effect on their stocks. Keeping this in mind, we provide daily information about such stocks or companies in the form of Buzzing Stocks for the investors, which will be in the headlines or focus during the market today due to some reason.
Anupam Rasayan India | The firm said that Afzal Malkani has resigned from the post of Chief Financial Officer of the company due to personal reasons. The company has appointed Amit Khurana as Chief Financial Officer with effect from March 15.
Reliance Industries | Subsidiary Reliance New Energy has acquired the assets of Lithium Werks BV. The company purchased Lithium’s assets for $61 million, including funding for future development. Assets include Lithium Works’ entire patent portfolio, manufacturing facility in China, major business contracts and hiring of existing employees. (Disclaimer: Network 18 Media & Investment Ltd. is owned by Independent Media Trust. Its beneficiary company is Reliance Industries.)
Avantel | The company has received the supply order of loco equipment for implementation of RTIS phase – 2 (Real Time Train Information System). The order value is Rs 125.68 crore.
BSE | BNP Paribas Arbitrage has bought 2,40,585 equity shares on the exchange through open market transactions at an average price of Rs 2,897.09 per share. Apart from this, Integrated Core Strategies Asia Pte Ltd has bought 4,10,602 equity shares at an average price of Rs 2,895.8 crore.
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Dhampur Sugar Mills | The Oregon Public Employees Retirement System purchased 4,62,371 equity shares in the Chinese company through open market transactions. These shares were bought at an average price of Rs 492.28 per share.
Rane Brake Lining | Promoter Rane Holdings bought 1.3 lakh shares in the company through open market transactions at an average price of Rs 605.94 per share. On the other hand, United India Insurance Company sold 1.25 lakh shares of the company at an average price of Rs 605.77 per share.
RITES | The company has declared third interim dividend of Rs 7.50 per share. The record date for dividend payment has been set as March 25.
Black Box | The Board has approved the sub-division of the equity shares of the Company from a face value of Rs 10 into equity shares of a face value of Rs 2. The stock split will be subject to the approval of the members of the company.
Marsons | The Board has approved the procurement of advanced thermoelectric technology from waste heat to generate affordable sustainable electricity and reduce global CO2 emissions.
Wipro | The IT service provider has got a contract from Speira which has operations in Germany and Norway. Over the next five years, Wipro will work to strengthen Speira’s technology infrastructure and cyber security.
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