Buzzing Stocks | Hero MotoCorp, Cairn India and others that will be in focus today
Hero MotoCorp | The 2-wheeler manufacturer announced a price hike in the ex-showroom prices of its motorcycles and scooters, with effect from April 1, 2021.
Cairn India | India is believed to have challenged in a court in The Hague an arbitration tribunal verdict that overturned its demand for Rs 10,247 crore in back taxes from Cairn Energy Plc - the second time in three months that it has refused to accept an international award against retrospective tax.
Tata Communications | Tata Group's holding in Tata Communications has increased to 58.87 percent after the government sold its stake in the company to Tata Sons' unit Panatone Finvest.
Rossari Biotech | The company's board approved issuance of 30,12,046 equity shares on a preferential basis at a price of Rs 996 per equity share.
Rail Vikas Nigam | The government will sell 20,85,02,010 equity shares (or 10 percent of total paid-up equity) of Rail Vikas Nigam, via offer for sale route on March 24-25.
India Glycols | India Ratings & Research has placed India Glycols' Long-term Issuer Ratings of 'A-' on Rating Watch Positive (RWP) on account of a likely improvement in the company's financial profile and liquidity post the divestment of its bio-ethylene oxide derivatives business.
Vascon Engineers | Vascon Engineers has emerged as the lowest bidder for 2 projects of Uttar Pradesh Public Works Department.
Laurus Labs | Rating agency CARE retained credit rating of the company's long-term banking facilities as 'AA-', but revised outlook to positive from stable.
Bank of Maharashtra | The bank had successfully raised capital of Rs 100 crore through private placement of Tier II bonds.
Deepak Nitrite | ICRA has upgraded the long-term rating from AA- to AA on bank facilities of Deepak Nitrite.
Advait Infratech | The company's board approved setting up of a new manufacturing plant of capital goods used for power transmission line.
Amber Enterprises India: The officials of the company will be interacting with investors on March 24.
Dr Lal PathLabs: The company's officials will interact with Enam AMC on March 24.
Antony Waste Handling Cell: The officials of the company will be attending the Investor Conference on March 24 and 25 organised by Motilal Oswal Financial Services.
Pricol: The representative(s) of the company will have a conference call with ICICI Securities and list of participants organised by Motilal Oswal under - 'Motilal Oswal 4th Ideation Conference' on March 25.
HEG: The senior management of the company is scheduled to meet investors-analyst virtually on March 25 in the Motilal Oswal Ideation Conference 2021 organised by Motilal Oswal Financial Services.
Transwarranty Finance: The meeting of the board of directors of the company is scheduled on March 30 to consider the raising of funds by issue of secured and/or unsecured redeemable non-convertible debentures on private placement.
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