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Stocks in News

Lemon Tree Hotels: Goldman Sachs (Singapore) Pte.- ODI acquired 30,02,214 equity shares in the company at Rs 46.6 per share via a block deal on the BSE. Zaaba Pan Asia Master Fund was the seller. 

Krishna Institute of Medical Sciences: Goldman Sachs (Singapore) Pte.- ODI acquired 72,009 equity shares in the company at Rs 1,425.65 per share via a block deal on the BSE. Zaaba Pan Asia Master Fund was the seller. 

Vedanta: The company announced total aluminium production at 5.79 lakh tonnes for Q3FY22, up 16 percent from 4.97 lakh tonnes in Q3FY21. 

Dilip Buildcon: The company has received a letter of acceptance (LOA) for overburden removal contract mining work for Amadand OCP, Jamuna Kotma Area, in Madhya Pradesh valued at Rs 2,683.02 crore by the South Eastern Coalfield (SECL), a subsidiary of Coal India. The authority has issued a Provisional Completion Certificate for the project 'Four Laning of NH-161 from Mangloor to Telangana/Maharastra border in Telangana' under Bharatmala Pariyojana on Hybrid Annuity Mode. 

Maruti Suzuki India: The company produced 1,52,029 vehicles in December 2021, against 1,55,127 vehicles in December 2020. The company exported 2,05,450 vehicles in 2021, the highest ever in a calendar year. 

Ajmera Realty & Infra India: The company will build high-end residences at Juhu in Mumbai, focusing on urban rejuvenation. Funded through a mix of debt and equity, this project is estimated to accrue a sales value of Rs 150 crore. 

Marico: Revenue growth in Q3FY22 was in double digits, while volumes were flat, owing to the weaker consumption sentiment and a strong base. The International business delivered high-teen constant currency growth on a healthy base. All markets fared positively, led by Bangladesh and a smart recovery in Vietnam.