Stock to Watch Today - Rupeedesk Reports - 07.08.2024
Stock to Watch Today - Rupeedesk Reports - 07.08.2024
Stock to Watch Today - Rupeedesk Reports - 07.08.2024
Buzzing Stocks : Lupin, PB Fintech, Cummins, Tata Power, SBI, Suzlon in focus on Wednesday.
State Bank of India : The Government of India has approved the appointment of Challa Sreenivasulu Setty as Chairman of SBI for a three-year term, effective August 28. Additionally, Rana Ashutosh Kumar Singh has been appointed as Managing Director of the bank. Currently, Challa Sreenivasulu Setty is serving as a Managing Director, and Rana Ashutosh Kumar Singh is a Deputy Managing Director at SBI.
Suzlon Energy : The company will acquire a 76% stake in Renom Energy Services from the Sanjay Ghodawat Group in two or more tranches. In the first tranche, it will acquire a 51% stake for Rs 400 crore, and in the second tranche, it will acquire an additional 25% stake within 18 months of the first acquisition for Rs 260 crore.
G R Infraprojects : The company has emerged as the L1 bidder for establishing a transmission scheme for the integration of Tumkur-II REZ in Karnataka.
Akums Drugs and Pharmaceuticals : Smallcap World Fund Inc has bought a 1.64% stake in the pharma company at an average price of Rs 753.84 per share.
Tata Consumer Products : Kotak Mahindra Mutual Fund, via its Equity Arbitrage Fund, has purchased 1,83,768 equity shares, representing 0.02% of the paid-up equity in the company, at an average price of Rs 373.54 per share.
Zydus Wellness : Quant Mutual Fund has bought a 1.68% stake in the company at an average price of Rs 2,201.4 per share, while Threpsi Care LLP has sold a 2.67% stake in the company at the same average price.
Stocks Under F&O Ban : LIC Housing Finance, Manappuram Finance, Aditya Birla Capital, Birlasoft, Chambal Fertilisers and Chemicals, GNFC, Granules India, Hindustan Copper, India Cements, IndiaMART InterMESH, RBL Bank
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