Buzzing Stocks | Bharti Airtel, Power Grid and others that will be in focus today
Bharti Airtel: The company entered into an agreement on March 19 for acquisition of 17,43,560 shares (representing 7.48 percent of paid-up equity) in Sandhya Hydro Power Project Balargha Private Limited, a special purpose vehicle (SPV), the telecom operator said in its BSE filing.
Power Grid Corporation: The company signed a Share Purchase Agreement on March 19 to acquire 74 percent stake of Jaiprakash Power Ventures Limited (JVPL) in Jaypee PowerGrid Limited (JPL) for Rs 351.64 crore.
Adani Green Energy: The renewables company signed a share purchase agreement for acquisition of 100% stake in an special purpose vehicle (SPV) holding 50 MW operating solar project in Telangana of the Toronto-headquartered SkyPower Global, the company said in its BSE filing.
JSW Energy: The company’s subsidiary, JSW Future Energy (earlier known as JSW Solar), received an order for a total Wind capacity of 450 MW from Solar Energy Corporation of India (SECI).
Bharat Dynamics: State-owned defence company Bharat Dynamics signed a contract for production and supply of Milan-2T Anti-Tank Guided Missiles.
Infibeam Avenues: Promoter entity O3 Developers sold 0.39 percent equity stake in Infibeam Avenues via open market transaction on March 17.
PNC Infratech: CARE Ratings has assigned credit rating 'A' on the bank facilities of the company's subsidiary, PNC Gomti Highways.
Great Eastern Shipping: Great Eastern Shipping Company has signed a contract to buy a second-hand mid-size gas carrier of about 35,188 cubic meters (cbm).
Esab India: The company announced increase in trademark fee from 2% to 3% per annum on the net sales value (NSV) of the company payable to promoter entity, on half yearly basis from the financial year 2021-2022.
Kanoria Chemicals & Industries: Kanoria Chemicals said it has acquired 60,64,491 equity shares (representing 15.55 percent of total paid-up equity) in subsidiary Kanoria Africa Textiles Plc., Ethiopia on March 19 for 1 US dollar.
Marico: The company's officials will meet analysts and investors in a virtual conference on March 22.
Indostar Capital Finance: The company would be attending Nakshatra, The Shining Star Mid & Small-Cap virtual conference organised by Centrum Broking on March 23.
City Union Bank: The bank will participate in a banking and financial services conference organised by Axis Capital on March 22.
Mindtree: The company's officials will participate in Motilal Oswal's investors' conference on March 22.
Star Cement: The company's officials will attend investors and analyst meetings on March 22 and 23 through video conferencing.
Prataap Snacks: The company officials will attend one-to-one and group web meetings organised by Centrum Broking at Nakshatra -The Shining Star Mid & Smallcap conference on March 23.
Godawari Power & Ispat: Director Dinesh Gandhi will participate in Nakshatra- The Shining Star-Mid & Smallcap conference on March 24 through virtual mode.
Prince Pipes and Fittings: The company is participating in 4th Ideation Conference being organised by Motilal Oswal on March 23.
Balrampur Chini Mills: The company's representative(s) would be attending the Motilal Oswal 4th Ideation Conference on March 25.
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