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Thursday 25 August 2022

In News

Stocks in News


NHPC: The company said that its subsidiary NHPC Renewable Energy (NHPC REL), and the Government of Rajasthan have signed a Memorandum of Understanding (MoU) for the development of ultra mega renewable energy power parks in Rajasthan. The main objective is to set up 10 GW ultra mega renewable energy power parks, and renewable energy projects will be developed either on EPC or developer mode by NHPC REL. 

Wipro: The IT services provider has appointed Wagner Jesus as the Country Head and Managing Director for operations in Brazil. Jesus joined Wipro three years prior, taking the lead of the non-financial business cluster. 

Barbeque-Nation Hospitality: Credit rating agency ICRA has upgraded the credit rating for the bank facilities of Rs 15.50 crore of the company to A (Stable) and for Rs 5 crore bank facilities, the rating has been upgraded to A2+. 

PSP Projects: The company has received contracts worth Rs 247.35 crore from precast and government segments. With this, the total order inflow for the current financial year 2022-23 stands at Rs 1,344.24 crore. 

Indian Metals & Ferro Alloys: Investor Fox Consulting Services Pte Ltd offloaded a 0.02 percent stake in the company via open market transactions on August 19. With this, its shareholding in the company reduced to 6.35 percent, from 6.37 percent earlier. 

Future Lifestyle Fashions: Investor PI Opportunities Fund I has sold 6.24 lakh equity shares or 0.31 percent stake in the company via open market transactions. With this, its shareholding in the company reduced to 2.76 percent, down from 3.07 percent earlier.

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