Nirmal Bang's video: Stocks In News On 11th February 2021

Earnings Today ITC, Coal India, Power Grid Corporation, ACC, Allcargo Logistics, Ashok Leyland, Balaji Telefilms, Birla Tyres, Bosch, CAMS, Capacite Infra, CRISIL, Graphite India, Greenply Industries, HUDCO, Indian Hume Pipe, MRF, Natco Pharma, NCC, NHPC, Piramal Enterprises, Petronet LNG, Power Finance Corporation, Presicion Camshaft, Prestige Estates Projects, Repco Home Finance, Spencer Retail, TVS Srichakra, VA Tech Wabag, Waterbase TCS The IT major has announced further deepening of its ties with Amazon Web Services (AWS) with the launch of the new TCS AWS Business Unit to help enterprise customers accelerate outcomes using AWS BPCL The company will buy out Oman Oil Company’s 36.62% stake in the Bina refinery project for approx. Rs 2,399.26 crore Magma Fincorp Rising Sun Holdings Pvt Ltd (RSHPL) will acquire a 60% stake (45.80 crores shares) of Magma Fincorp for Rs 3,206 crore at Rs 70 per share Adar Poonawalla controls Rising Sun Holdings The transaction will be concluded through a preferential share allotment worth Rs 3,456 crore The lender would be renamed to Poonawalla Finance Magma Fincorp proposes to allot 45.8 crore shares to Rising Sun Holdings, and 3.57 crore shares to Sanjay Chamria and Mayank Poddar, the existing promoters Eicher Motors Royal Enfield CEO Vinod Dasari said that it may look at hiking prices from April in view of rising commodity prices Bank of India The Competition Commission of India has approved the acquisition of 49 percent stake each in BOI AXA Investment Managers and BOI AXA Trustee Services by Bank of India National Fertilizers Ltd The government will sell 20% of its stake in the company through an offer for sale and has invited bids from merchant bankers for managing the share sale AU Small Finance Bank The bank has terminated the Corporate Agency Agreement with Acko General Insurance Shree Renuka Sugars The company has approved the capacity expansion for ethanol production from 720 Kilo Litre Per Day (KLPD) to 970 KLPD at a cost of Rs 204 crore Punjab National Bank The bank has inked a pact with Indian Oil Corporation to provide up to Rs 2 crore to the oil company’s dealers Max India Approves further investment of Rs 168 crore in its direct / step-down Wholly-owned subsidiary companies through acquisition of new equity / preference shares under the rights issue or through Inter-Corporate deposits in one or more tranches to meet their business and funding requirements Shriram City Union Finance Banking and Securities Management Committee to consider the issue and allotment of Redeemable, Secured, NCDs of face value of Rs 10 lakh each for an amount of Rs 30 crore with a greenshoe option of Rs 95 crore, aggregating up to 1,250 SNCDs, amounting to Rs 125 crore in one or more tranches on February 15 Aster DM Healthcare Aster Pharmacies Group and Aster Al Shafar Pharmacies Group - subsidiaries of the company, have consolidated pharmacies in the UAE after securing all regulatory approvals from the authorities Merger of Al Raffah Medical Centre and Al Raffah Hospital has been carried out to consolidate the operations of the clinics in Oman Suprajit Engineering Approved buyback of 15 lakh shares of Re 1 each for an aggregate amount not exceeding Rs 48 crore The buyback price of Rs 320 per share is a 31% premium to Wednesday's closing price The record date for the same is February 22 Shree Renuka Sugars Has approved the capacity expansion for ethanol production from 720 KLPD to 970 KLPD The addition of the new capacity is supposed to be completed by October 2022 The capex requirement of Rs 204 crore for the same is likely to be done through borrowings Himadri Speciality Chemical Has decided to permanently close the manufacturing unit, taken on lease at Vapi in Gujarat from February 10, 2021 The tenure of the said lease expires on February 26, 2021 InterGlobe Aviation The SEBI has accepted the company’s application for settlement of the adjudication proceeding initiated against it by the capital markets regulator pursuant to the show cause notice and issued the settlement order The company has paid Rs 2.10 crore towards settlement of the adjudication proceeding Here are our social media handles. Request you to follow us and stay connected for more updates: LinkedIn: https://www.linkedin.com/company/nirmal-bang/ Facebook: https://www.facebook.com/nirmalbang/ Instagram: https://www.instagram.com/nirmalbanggroup/ Twitter: https://twitter.com/NirmalBang Visit our website on: https://www.nirmalbang.com/ View more videos on: https://www.nirmalbang.com/static/support-videos.aspx Disclaimers & Disclosure: https://www.nirmalbang.com/disclaimer.aspx https://www.nirmalbang.com/disclosure.aspx