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Thursday, June 15, 2023

STOCKS IN ACTION 15 JUNE

STOCKS IN ACTION 15 JUNE 

HCL Technologies: HCL Tech and Google Cloud have expanded partnership to support enterprises leverage generative artificial intelligence (AI) and develop joint solutions powered by Google Cloud’s generative AI technologies.

SJVN: Company signed a memorandum of understanding with Maharashtra State Power Generation Company to develop 5,000 MW renewable energy projects in the state. The partnership will explore the feasibility of establishing various renewable projects including hydro, pumped storage, wind, solar, hybrid and green hydrogen projects.

PTC India Financial Services: PTC India named Mahendra Lodha as director (finance) and the chief financial officer of the company with effect from June. 14, replacing current Chief Financial Officer Sanjay Rustagi

IndiaMART InterMESH: Company approved the re-appointment of Dhruv Prakash as director liable to retire by rotation.

Reliance Communications: Delegate of the Australian Securities and Investments Commission notified regarding the deregistration of Reliance Communications (Australia) PTY Ltd. with effect from June 4.

Dilip Buildcon: The company received completion certificate for rehabilitation and upgradation work of Chandikhole-Bhadrak section of NH-5 in Odisha on Hybrid Annuity mode. The project cost was Rs 1,522 crore. DBL Chandikhole Bhadrak Highways Ltd. is now a subsidiary of the company.

Dilip Buildcon: The company received completion certificate for rehabilitation and upgradation work of Chandikhole-Bhadrak section of NH-5 in Odisha on Hybrid Annuity mode. The project cost was Rs 1,522 crore. DBL Chandikhole Bhadrak Highways Ltd. is now a subsidiary of the company.

DCW: Company will produce lower Soda Ash by an estimate of 6 KMT in first quarter of fiscal 2023-2024 due to unforeseen mechanical breakdown of carbon dioxide gas compressor in its Soda Ash Plant.

Persistent Systems: Company further strengthened its strategic relationship with Zscaler and achieved Zenith partnership tier to assist in strengthening and modernizing security.

Tega Industries: NCLT approves corporate restructuring of promoter group companies

Axis Bank: Bain Capital To Sell Stake Up To $267m In Axis Bank At An Offer Price Range Of Rs 964 - 977.70/Share Offer Price Range For Axis Bank Block Deal At 0-1.4% Discount To CMP - CNBCTV18, Citing Sources

Remedium Lifecare: Board Meeting On June 23 To Consider Increasing Borrowing Limit From 500m Rupees To 10b Rupees By Issuance Of Debt Securities To Consider Limit For Investment Via Acquisition Of Asset Upto 10b Rupees

KRBL:Successfully Commenced Commercial Production At Its New Plant At Anjar, Gujarat

Jindal Steel And Power: Approved Restructuring Of Balance Sheet Of Jindal Steel & Power (Mauritius) Ltd, Mauritius || Restructuring Will Not Have Any Impact On Income Statement Of Jindal Steel & Power

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