Tata Power, under the Chairman, N. Chandrasekaran, during the company’s 105th Annual General Meeting (AGM), has announced a major capital expenditure (capex) plan of Rs.20,000 crore for FY25 which comes in addition to the Rs.12,000 crore invested in FY24. Renewable Energy A large portion of the capex will be directed towards accelerating Tata Power’s renewable …
Share Market - Angel One - Page 151

ONGC to Scale Up Coal Bed Methane Production in Jharkhand
18 July 2024ONGC, the Oil and Natural Gas Corporation, is an Indian multinational company headquartered in New Delhi, under the Ministry of Petroleum and Natural Gas. ONGC, the Oil and Natural Gas Corporation, established on August 14, 1956, primarily focuses on exploring and extracting hydrocarbons across 26 sedimentary basins in India. Operating 210 drilling and work-over rigs, …

Sanofi Expands Global Capacity Centre in Hyderabad with Major Investment
18 July 2024Sanofi Healthcare India Pvt. has announced a significant expansion of its global capacity centre (GCC) in Hyderabad. With plans to invest €400 million over the next six years, including €100 million by next year, this initiative underscores Sanofi’s long-term strategy to establish a deep footprint in the region. Major Investment and Expansion Plans Madeleine Roach, …

Vascon Engineers Share Price Plunge Following Divestment Announcement
18 July 2024On Thursday, the Indian equity markets experienced a significant recovery from lower levels, with the Nifty50 reclaiming the 24,600 mark and the Sensex moving above the 80,800 mark. The Nifty Bank index also saw an uptick, rising by 0.28%. However, one stock that notably underperformed was Vascon Engineers Ltd. Vascon Engineers Ltd. Faces Losses Shares …

Aurobindo Pharma Buyback 2024: Key Details and Analysis
18 July 2024Aurobindo Pharma Limited (AUROPHARMA) is one of the leading pharmaceutical companies that primarily focuses on producing and selling active pharmaceutical ingredients, generic drugs, and associated services. Today, the company announced a buyback of up to 51,36,986 fully paid-up equity shares at a price of Rs. 1,460 per share, aiming to return an aggregate amount of …

Share Market Pre Open Updates – July 18, 2024
17 July 2024On July 16, 2024, the benchmark indices Nifty 50 rose 0.11% to 24,613, and Sensex grew 0.06%. Top Gainers and Losers On the sectoral front, Nifty Realty, Nifty FMCG, Nifty IT, and Nifty Auto ended in the green. Meanwhile, Nifty Media, Nifty Healthcare index, Nifty Pharma, and Nifty Financial Services 25/50 were declining. The top …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for July 18
16 July 2024On Tuesday, benchmark indices ended the second trading day of the week positively, with the Sensex rising by 0.06% to close at 80,716.55 and the Nifty climbing by 0.11% to a new high of 24,613. The broader market also saw gains, with the Nifty Mid-Cap remaining flat and the Nifty Small-Cap increasing by 0.08%. Market …

Bharat Agri Fert & Realty Launches Wembley-24 Tower Amid Strong Market Response
16 July 2024On July 16, 2024, Bharat Agri Fert & Realty Limited announced the launch of its new high-rise tower, Wembley-24, in Majiwada, Thane. This impressive building has 60 floors and offers 457 residential flats with 2—and 3-BHK options. As the company owns the land, the project is expected to generate around ₹800 crore over the next …

Shares of Jyoti Structures the upper circuit on securing an order from Adani Energy Solutions
16 July 2024Jyoti Structures Limited has secured a contract from Adani Energy Solutions Limited (formerly Adani Transmission Ltd.) valued at Rs 117.74 crore for the construction and partial supply of a 765 kV D/C transmission line. This project, located in Gujarat under the Khavda Phase IV-Part A initiative, involves building approximately 111 kilometers of the KPSIII-AP44 transmission …

Himadri Speciality Chemical Ltd Announces Acquisition of Himadri Green Technologies Innovation Ltd
16 July 2024On July 16, 2024, Himadri Speciality Chemical Ltd announced via a stock exchange filing that HCEL plans to acquire 100% of Himadri Green Technologies Innovation Limited, making Himadri Green Technologies Innovation Limited a wholly-owned subsidiary of HCEL. The Board of Directors approved this acquisition in their July 16, 2024 meeting. After the acquisition, Himadri Green …
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