Stocks in News
HP Adhesives: The company will make a debut on the bourses on December 27. The final issue price is Rs 274 per share.
Adani Transmission: The company has received the Letter of Intent (LoI) for the acquisition of a renewable energy evacuation system under Khavda-Bhuj Transmission Ltd. With an estimated capex of more than Rs 1,200 crore, company's execution of the project will help evacuate about 3 GW of renewable energy from Khavda, Gujarat. Also the company received the LoI for the acquisition of Karur Transmission Ltd.
Visagar Polytex: The company approved raising of funds of Rs 49.75 crore through Rights Issue of equity shares up to 29.27 crore in the ratio of 1:1.
Banas Finance: The company approved raising of funds up to Rs 49.80 crore through Rights issue.
Emami Realty: CARE has upgraded the credit rating of the long-term banks facilities to 'BBB; Stable' from 'BBB-; Stable.
GMR Infrastructure: GMR Airports Netherlands B.V., a step down subsidiary of GMR Airports, signed the Shareholders' Agreement (SHA) and Share Subscription Agreement (SSA) with Angkasa Pura II (AP II) for the development and operation of Kualanamu International Airport (Project) in Medan, Indonesia.
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