Stocks in News
GSS Infotech: The company acquired 100% of 'farm to store' company Polimeraas with a combination of stock and cash.
Rain Industries: Pabrai Investment Funds bought 2.05% stake in the company via open market transactions, increasing shareholding to 8% from 5.95% earlier.
Indo Count Industries and GHCL: Indo count acquired home textile business of GHCL for Rs 576 crore.
HFCL: The company launched its qualified institutional placement issue on December 6, and approved floor price at Rs 72.33 per share.
Suryalakshmi Cotton Mills: ICRA has upgraded the company's Long-Term rating to 'BBB-' from 'BB+' and also upgraded the short-term rating to 'A3' from 'A4+'. The ratings have been removed from 'rating watch with negative implications' and Stable outlook was assigned on the long-term rating & short term credit rating.
Tata Motors: The company announced an increase in price in the range of 2.5%, will be implemented from January 1, 2022 and will be put into effect across segments – M&HCV, I&LCV, SCV and Bus, basis individual model and variant of the vehicle.
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