Stocks to Watch
Hero Motocorp: The company will make a strategic investment in Gogoro Inc. raising the oversubscribed private investment in public equity deal from $257 million to $285 million.
Zee Learn: The company has appointed Anish Shah as the Chief Financial Officer with immediate effect.
NTPC: The company has sought bids from developers for 900 MW Cuba Solar PV Park, reported Bloomberg.
Raymond: The step-down wholly owned subsidiary of the company, Ten X Realty, signed a binding term sheet for joint redevelopment of residential project in the western sub-urban district of Mumbai. The project is estimated to have, in aggregate, revenue potential of around Rs 2,000 crore over a period of next 5 years.
HCL Technologies: The company has launched a dedicated Intel Ecosystem Unit to help build focused, innovative and industry-tailored solutions for Intel clients.
Page Industries: To consider third interim dividend on Feb. 10.
Symphony: The company to consider second interim dividend on Jan. 25.
JK Paper: The company has commenced commercial production of its new Packaging Board line at Unit - CPM, Gujarat. Its new line will add 1,70,000 TPA capacity of Virgin Fibre Board taking company's total capacity of Packaging Board to 3,00,000 TPA.
RITES: The company has entered into a Memorandum of Understanding with CSIR-Central Road Research Institute to explore opportunities for cooperation in the infrastructure sector.
Sharat Industries: The company has approved a rights issue of not more than Rs 50 crore.
Uttam Sugar Mills: The company has redeemed 1,00,000 6.50% Non-Cumulative Redeemable Preference shares of Rs. 100 each.
Earnings: JSW Energy, JSW Ispat, Larsen & Toubro Infotech, Tata Communications, Tata Investment, Bajaj Auto, ICICI Lombard General Insurance, CEAT, Saregama India, Mastek, CCL Products, Oracle Financial Services Software, Sterlite Technologies, Syngene International
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