Buzzing stocks: Bajaj Finance, Tata Power, Adani Enterprises, Sandur Manganese, Alivus Life, Aurobindo Pharma
A qualified institutional placement, global certification and the naming of a new CEO are some of the market moving factors behind these buzzing stocks
Bajaj Finance, India's largest private NBFC, announced plans to raise up to ₹11,700 crore through a QIP, with an indicative price higher than SEBI's floor price. Tata Power appointed Sanjay Banga as CEO-designate, with a five-year term starting May 1, 2027. Adani Enterprises' KCL received Veramark Assurance certification. Sandur Manganese and Iron Ores received environmental clearance to increase iron ore production.
Alivus Life Sciences acquired a majority stake in IQGen-X Pharma. Aurobindo Pharma notified the US FDA of an "official action indicated" inspection.
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