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Monday 22 March 2021

In News

Stocks in the news


Bharti Airtel: Bharti Airtel on March 19 entered into an agreement for the acquisition of 17,43,560 (representing 7.48 percent of paid up equity) equity shares in Sandhya Hydro Power Project Balargha Private Limited, a special purpose vehicle (SPV).


Adani Green Energy: Adani Green Energy, one of the largest renewables companies in India, signed a share purchase agreement for acquiring a 100 percent stake in an SPV holding 50 MW operating solar project of the Toronto-headquartered SkyPower Global.


JSW Energy: JSW Energy said its subsidiary JSW Future Energy, earlier known as JSW Solar, received orders for a total wind capacity of 450 MW from Solar Energy Corporation of India (SECI).


Bharat Dynamics: State-owned defence company Bharat Dynamics has signed a contract for the production and supply of Milan-2T Anti-Tank Guided Missiles. The contract value is Rs 1,188.12 crore.


Infibeam Avenues: Promoter entity O3 Developers sold 0.39 percent equity stake in Infibeam Avenues via open market transaction on March 17. Non-promoter Varini Patel offloaded 32.50 lakh equity shares in the company on March 17.


PNC Infratech: CARE Ratings has assigned credit rating on the bank facilities of the company's subsidiary, PNC Gomti Highways, as 'A'. The rating agency assigned 'stable' outlook on the bank facilities of Rs 559.30 crore.

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