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HFCL Share Price in Focus; Inaugurated Advanced Defence Manufacturing Facility in Tamil Nadu

HFCL Share Price in Focus; Inaugurated Advanced Defence Manufacturing Facility in Tamil Nadu

26 December 2024

HFCL share price was in focus on Thursday. On December 26, 2024, HFCL share price opened at ₹114.89, the same as its previous close of ₹114.32. At 11:19 AM, the share price of HFCL was trading at ₹114.70, up by 0.33% on the NSE. Recent Developments On December 24, HFCL announced that it inaugurated a state-of-the-art defence …

Top Losers of the Day – JSW Steel, Titan & Asian Paints Included on December 26, 2024

Top Losers of the Day – JSW Steel, Titan & Asian Paints Included on December 26, 2024

26 December 2024

On December 26, 2024, the Indian stock market indices, the BSE Sensex closed at 78,472.48. The Nifty50 on the other hand, rose by 0.1% closing at 23,750.20. Out of the 50 stocks in the Nifty50 index, here are the 5 top losers for the day: Stock Name Symbol Last Trading Price (₹) % Change Titan Company TITAN 3,314 …

MP HC Puts Hold on Burman Family’s Open Offer to Acquire Stake in Religare Enterprises

MP HC Puts Hold on Burman Family’s Open Offer to Acquire Stake in Religare Enterprises

27 December 2024

The Madhya Pradesh High Court’s Jabalpur Bench has stayed the open offer of the Burman family to acquire an additional 26% stake in Religare Enterprises. The order was passed on December 18. The court had passed the order on a petition seeking the setting up of an independent commission of inquiry to monitor the acquisition …

IndusInd Bank Puts Microfinance Loans Worth ₹1,573 Crore Up For Public Bids

IndusInd Bank Puts Microfinance Loans Worth ₹1,573 Crore Up For Public Bids

27 December 2024

IndusInd Bank has announced the sale of ₹1,573 crore worth of unsecured microfinance loans through a public auction. The decision comes amid persistent asset quality challenges in its microfinance book, which rising delinquencies across specific states have exacerbated. The bank has invited eligible bidders to participate in the auction, offering the loan pool at a …

Mankind Pharma Inks Licensing Pact with Innovent

Mankind Pharma Inks Licensing Pact with Innovent

27 December 2024

Mankind Pharma, a leading Indian multinational headquartered in Delhi, specialises in a wide range of therapeutic areas, including antibiotics, gastrointestinal, cardiovascular, dermatology, and erectile dysfunction treatments. In 2023, the company made a bold entry into the oncology space with its ₹1,872 crore acquisition of Panacea Biotec, marking a significant milestone in its growth journey. Partnership …

Gensol Engineering Secures Contract For Solar Projects From NTPC REL

Gensol Engineering Secures Contract For Solar Projects From NTPC REL

27 December 2024

Gensol Engineering provides comprehensive EPC and solar advisory services. The firm is involved in delivering technical due diligence, in-depth engineering, quality assurance, construction oversight, and various consulting services for solar initiatives in multiple countries, including India. Project Details Gensol Engineering’s shares rose by over 7% to ₹779.95, a high traded in intraday following the announcement …

RBL Bank Divests Entire 8.16% Stake in DAM Capital Advisors Through IPO Offer for Sale

RBL Bank Divests Entire 8.16% Stake in DAM Capital Advisors Through IPO Offer for Sale

27 December 2024

RBL Bank has officially divested its entire 8.16% stake in DAM Capital Advisors through an Offer for Sale (OFS) during the latter’s Initial Public Offering (IPO). The IPO was open from December 19 to December 23, 2024. The sale, disclosed in an exchange filing, amounted to ₹163.32 crore. The transaction involved the sale of 57.71 …

Nazara Technologies Acquires Additional Stake in Absolute Sports

Nazara Technologies Acquires Additional Stake in Absolute Sports

27 December 2024

Nazara Technologies Limited, a gaming and sports media company, has increased its equity stake in its subsidiary, Absolute Sports Private Limited, to 81.94%. This was part of an agreement under the Share Purchase Agreements (SPAs) dated September 18, 2024. As of 10:05 AM, Nazara Technologies’ shares were trading at ₹1,001.00, showing a 17.89% increase year-to-date. …

Adani Enterprises Buys 26% Stake In Gidhmuri Paturia Collieries

Adani Enterprises Buys 26% Stake In Gidhmuri Paturia Collieries

27 December 2024

Adani Enterprises Ltd. (AEL), a prominent part of the Adani Group has made a significant acquisition by purchasing a 26% equity stake in Gidhmuri Paturia Collieries Pvt. Ltd. (GPCPL). This acquisition marks an important step in AEL’s ongoing strategy to expand its presence in the mining sector. With this move, GPCPL becomes a wholly-owned subsidiary …

Mazagon Dock Share Price in Focus; Trades Ex-stock Split Today, December 27, 2024

Mazagon Dock Share Price in Focus; Trades Ex-stock Split Today, December 27, 2024

27 December 2024

Mazagon Dock Shipbuilders (NSE: MAZDOCK) has approved a 10:5 stock split, with the ex-date scheduled for December 27, 2024. After the split, shareholders will own 2 shares for every 1 share previously held. Yesterday was the final opportunity to purchase the company’s shares to qualify for the stock split benefit. Q2 FY 2025 Financial Highlights Mazagon …

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