Today, the fourth trading day of the week, investors will look at the shares of many big companies in the Indian stock market. New investment, important deal, order booking, new appointments and reports of acquisitions have increased market activities. So let us know which companies will be monitored today.
Tata steel
The company has invested ₹ 4,054.66 crore by purchasing 457.7 crore shares in its foreign unit, T Steel Holdings Private Limited (TSHP). TSHP is a 100% owned subsidiary of Tata Steel. Therefore, today the company shares will be monitored.
Lupine limited
Lupine Limited has received approval from the American FDA for the manufacture of generic versions of biktegravir, Emitisitabine and Tenofovir alfenamide tablets (50 mg/200 mg/25 mg). This drug is used to treat HIV patients (adults and children weighing more than 25 kg). Due to this news, the company’s shares can fluctuate today.
Polycab India
The company’s promoter group can sell its 0.81% equity stake through a block deal. The estimated size of this deal will be around ₹ 887.6 crore. Due to this news, the company’s shares can fluctuate today.
Glenmark Pharma
Glenmark Specialty SA (A subsidiary of the company) has entered into a special licensing agreement with Hangerui Pharma. The deal is for the new Her2-targeted cancer drug Testuzumbers Resetn. Glenmark will give an advance payment of $ 18 million and additional payment of up to $ 1.09 billion in future, as well as royalty on sales.
Newgan software technologies
The UK unit of the company has signed a five -year master service agreement with TCS NV (Belgium). The deal includes cloud hosting, software licensing and implementation services. This is a complete commercial transaction.
AWL Agri Business Limited
The company has signed a two -year MoU with Solvent Extractors Association of India (SEA) and Solidaridad Regional Experts Center (SREC). The purpose of this agreement is to promote the National Mustard Model Farm initiative.
Capricorn Systems Global Solutions
The company has launched a new business, including trade, supply and distribution of agricultural commodities (rice, wheat, pulses, oilseeds, food grains) and other items (coal, granite).
SEPC Limited
The company has received a new order of ₹ 75.19 crore from Gafos Solutions Private Limited. This order is for supply of construction materials for four residential infrastructure projects and will be completed in the next 8-9 months.
Very energyz limited
Domestic solar module manufacturer Very Energyz has invested ₹ 300 crore in his subsidiary, very energy storage solutions private limited (WESSPL). This investment has been made through the rights issue.
Swan Defense and Heavy Industries Limited (SDHI)
India’s leading shipbuilding and heavy construction company has signed a memorandum with Royal IHC (Netherlands) and Alar Infrastructure (India). Under the agreement, the company will design and build up to offshore construction, pipe laying and multipurpose auxiliary ships at its Pipavav Port Shipyard in Gujarat.
Indian hotels
The company has announced the inauguration of a new Taj Hotel in Visakhapatnam, Andhra Pradesh. This luxury hotel will have 310 rooms. For this reason, the shares of the company will be in discussion today.