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Wednesday 6 January 2021

Stocks in the news

Hero MotoCorp: Life Insurance Corporation of India increased its stake in the company to 9.166% from 7.145% earlier.


Tips Industries: Board in-principally agreed to explore the demerger of the film business of Tips Industries into a separate entity.


BEML: Company bagged orders for supply of high mobility vehicles from Ministry of Defence, at an approximate value of Rs 758 crore.


UTI AMC: Mirae Asset Mutual Fund raised its stake in the company to 5.003% from 4.984% earlier.


ACC: Company announced the commissioning of new cement production facility at the company's existing Sindri Grinding Unit in Jharkhand.


Bajaj Finance: RBI imposed a Rs 2.5 crore penalty on the company for breach of risk management and outsourcing norms.

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