Closing Indices

27 September 2022 

Bse Sensex Closed @ 57107.52 ⬇️ 37.70 Points 

Nse Nifty Closed @ 17007.40 ⬇️ 8.90 Points 

Bank Nifty Closed @ 38359.15 ⬇️ 257.10 Points 

India VIX Closed @ 21.5675 ⬇️ 0.3255 Points

Investors Meet

PI Industries, Blue Star: Officials of companies will meet Phillip Capital.

Shoppers Stop: Officials of the company will be meeting with representatives of HDFC Mutual Fund.

AXISCADES Technologies: Officials of the company will be interacting with several analysts and investors.

Syngene International: Officials of the company will be interacting with Alliance Bernstein LP, Creaegis Advisors LLP, Fidelity Investments, OrbiMed Advisors India, Wellington Management, and Goldman Sachs.

One 97 Communications (Paytm): Officials of the company will be interacting with institutional investors and analysts in Abu Dhabi & Dubai.

Safari Industries (India): Officials of the company will interact with Tantallon Capital.

Metro Brands: Officials of the company will interact with Kotak Securities and Enam AMC.

Remsons Industries: Officials of the company will interact with Augmenta Research, and iWealth Management.

Punjab National Bank: Officials of the company will interact with Moon Capital Management.

ISGEC Heavy Engineering: Officials of the company will interact with UTI Mutual Fund.

Royal Orchid Hotels: Officials of the company will meet Svan Investments.

IN News

In News

Embassy Office Parks REIT: Blackstone Inc is slated to sell 7.7 crore units of Embassy REIT worth Rs 2,650 crore via block deals on September 27, CNBC Awaaz reported citing sources. The offer price of the block deal stands at Rs 345 per unit.

Mahindra Logistics: The company has entered into a Business Transfer Agreement with Rivigo Services and its promoter for acquisition of its B2B express business, as a going concern, on slump sale basis. The transaction cost is Rs 225 crore and the acquisition will be completed by November 1, 2022.

Jyoti Structures: The company has secured a contract from Sterlite Power Transmission for turnkey supply and construction of 400 KV & 220 kV double circuit transmission line in Goa & Karnataka. The contract is valued at Rs 237 crore and it will be commissioned in phased manner by December 2023 and July 2024.

Dev Information Technology: The company has received order worth Rs 4.97 crore for delivering of database management system software along with data centre class operating system software.

Amara Raja Batteries: The company said the board has given approval for demerger of plastic component for battery business with the name of Mangal Industries. The turnover of the said business as of March 2022 was Rs 569.4 crore.

Filatex India: The company has commissioned its project for debottlenecking melt capacity of 50 MT per day and manufacturing lines of 120 MT per day at Dahej Plant.

Orient Bell: The company announced completion of expansion at its Hoskote plant in Bengaluru district. This expansion involved capex of around Rs 34 crore well ahead of schedule. With this the total capacity of the company has increased from 32 MSM per annum to 33.8 MSM per annum including 10 MSM per annum of the associated entities.