Buzzing stocks for Sept 17: Reliance, Infosys, Krsnaa, Mazagon Dock, Motilal Oswal, Granules, Fine Organic Chem, Venus Pipes, Highway Infra
Several Indian companies, including Reliance and Infosys, are making significant moves, from fundraising to new facilities, highlighting a dynamic shift in the corporate landscape
Praveg Ltd received a Letter of Acceptance from Tourism Corporation of Gujarat Limited for a comprehensive event infrastructure and operations assignment at the Statue of Unity in Gujarat. Reliance Industries allotted i12,00,000 Unsecured, Redeemable, Non-Convertible Debentures (NCDs), designated as “PPD Series Q,” with a face value of ₹1,00,000 each.
Fortis Healthcare Ltd is partnering with Seth Sunder Lal Jain Charitable Eye Hospital to provide healthcare services to a 400+ bedded super specialty hospital in New Delhi. Mazagon Dock Shipbuilders Ltd signed an MoU with National Shipbuilding & Heavy Industries Park Maharashtra Limited to participate as the Anchor Shipyard in a proposed Greenfield Shipbuilding Industrial Cluster.
India Ratings and Research upgraded the long-term credit rating of Motilal Oswal Financial Services and its key subsidiaries to 'IND AA+'. Infosys expanded its Indore Development Center with a new Software Development Block. Krsnaa Diagnostics entered the Positron Emission Tomography-Computed Tomography (PET-CT) diagnostic services market in Punjab.
Granules India Ltd approved the allotment of 2,49,82,906 fully paid-up equity shares to four members of its promoter group. Fine Organic Industries Ltd invested in its wholly-owned subsidiary to set up a new manufacturing unit. Venus Pipes & Tubes Ltd created, offered, and allotted equity shares to non-promoter public investors. Highway Infrastructure Ltd received a Letter of Acceptance for a project.
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