IN News

Stocks in News

Delta Corp: Subsidiary Delta Pleasure Cruise Company has commenced management of operations of the casino at the hotel "The Zuri White Sands Goa, Resort and Casino", situated at Pedda Varca Salcete, Goa. With the commencement of operations of this casino by DPCCPL (subsidiary), the company and its subsidiaries now operate five casinos in Goa. 

Butterfly Gandhimathi Appliances: CRISIL has upgraded its long term rating on the company to 'AA' from 'A-', and short term rating to 'A1+' from 'A2+'. 

Eicher Motors: The company sold 63,643 units of Royal Enfield in May 2022, registering a growth of 133 percent compared to 27,294 units sold in same month last year. In year-ago month, several states had imposed lockdowns to control the spread of Covid virus. Eicher exported 10,118 units in May 2022, up by 40 percent over 7,221 units sold in corresponding month last year. 

Mold-Tek Packaging: Ashish R Kacholia & PAC (Himalaya Finance and Investment Company) sold 2.25 percent equity stake in the company via open market transactions on May 31. With this, their shareholding in the company stands reduced to 4.55 percent, down from 6.8 percent earlier. 

Knowledge Marine & Engineering Works: The company has received a contract from Dredging Corporation of India, for 'capital dredging at Mangrol Fishing Harbour Phase III Part B', for a tenure of 12 months. The project cost is Rs 67.85 crore. 

Mishtann Foods: Mishtann Foods has seen good response for Mishtann Pink Rock Salt and has bagged orders from major retail stores for 1700 metric tonnes. The supply of these orders will commence from July 2022. 

Reliance Industries: Reliance Brands and Plastic Legno SPA have signed a joint venture through which Reliance Brands will acquire a 40 percent stake in Plastic Legno SPA's toy manufacturing business in India. Plastic Legno SPA is owned by the Sunino group that boasts of more than 25 years of toy production experience in Europe. This investment by Reliance Brands will bring in vertical integration for Reliance Brands' toy business and help diversify the supply chain with a long-term strategic interest in building toy manufacturing in India.