Stock to Watch Today - Rupeedesk Reports - 10.06.2022
Stock to Watch Today - Rupeedesk Reports
Stock to Watch Today - Rupeedesk Reports
Stocks to Watch Today | Wipro, Tata Power, Rail Vikas Nigam, and others in news today
Bank
of India: Bank of India raises repo based lending rate after RBI
policy. The public sector bank has changed its repo based lending rate
to 7.75 percent with immediate effect, from 7.25 percent earlier. The
revision is on account of an upward revision in repo rate announced by
the RBI on June 8 in its monetary policy.
Punjab National Bank:
Punjab National Bank increases repo linked lending rate. The state-run
lender has revised its repo linked lending rate to 7.40 percent from
June 9, from 6.90 percent earlier. The bank has taken this decision
after the RBI hiked repo rate.
Wipro: Wipro and ServiceNow to
support digital journey of Brazil-based Petrobras. The IT services
company and ServiceNow will help Petrobras, the largest publicly traded
firm in Brazil, to advance its digital journey. The project aims to
raise the level of service for internal users and reduce costs by
modernising and aligning IT infrastructure processes with the business
through a modern cloud solution focused on automation and integration.
Tata
Power Company: Tata Power Solar commissions EPC project for Brookfield
Renewable India. Subsidiary Tata Power Solar has commissioned an EPC
(engineering, procurement and construction) project of 450 MWDC for
Brookfield Renewable India in Rajasthan. The company has set up of over
eight lakh modules within record seven months. The project will produce
over 800 gigawatt hour of clean energy annually and will help avoid up
to 600,000 tonnes of annual CO2 emissions.
Rail Vikas Nigam: Rail
Vikas Nigam to execute infrastructure projects in Kyrgyz Republic. Rail
Vikas Nigam has entered into an agreement with "Kyrgyzindustry" for
execution of infrastructure projects in Kyrgyz Republic. Particularly
the company is going to execute the railway line network on mutually
agreed terms and conditions in the Kyrgyz Republic.
Bliss GVS
Pharma: Promoter acquires additional 2.5 lakh shares in Bliss GVS
Pharma. Promoter Dr Vibha Gagan Sharma and persons acting in concert
(PACs) acquired 2.5 lakh equity shares in the company via open market
transactions on June 6. With this, their shareholding in the company
stands increased to 2.27 percent, up from 2.03 percent earlier.
BLS
International Services: BLS International Services acquires ZMPL for Rs
120 crore. The company has acquired Mumbai headquartered largest
business correspondent (BC) in the country, Zero Mass Private (ZMPL),
for Rs 120 crore. With this all cash acquisition from internal accruals,
BLS International becomes the largest BC network in India. It now owns
88.26 percent stake in ZMPL, and State Bank of India continues to hold
6.83 percent stake. ZMPL has been operating the largest BC network for
State Bank of India (SBI). The company has a pan-India presence. Apart
from SBI, ZMPL has contracts with Utkal Grameen Bank and Karur Vysya
Bank.
Crompton Greaves Consumer Electricals: Crompton Greaves
Consumer Electricals to consider fundraising on June 13. The board on
June 13 will consider a proposal to raise funds up to Rs 925 crore by
way of issuance of debt securities on a private placement basis.
TTI
Enterprise: TTI Enterprise to consider stock split on June 28. The
company in its filing said the board of directors on June 28 will
consider sub-division of shares and fundraising for various business
purposes.
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