Buzzing Stocks : SBI, Kotak Mahindra Bank, Marico, Indian Bank, RR Kabel, AU SFB, Azad Engineering, IRCON, Concord Biotech in focus on 5 May.
Results Today : Mahindra & Mahindra, Indian Hotels Company, Coforge, Bombay Dyeing & Manufacturing Company, Computer Age Management Services, CCL Products, Capri Global Capital, Cigniti Technologies, Ethos, Jammu & Kashmir Bank, Nureca, Unicommerce Esolutions, and Zee Media Corporation will release their quarterly earnings on May 5.
AU Small Finance Bank : True North, Indium IV (Mauritius), and Silver Leaf Oak are likely to sell 92.3 lakh shares (1.24% equity) in the bank via block deals, reports CNBC-TV18 quoting sources. The floor price is set at Rs 650 per share.
Azad Engineering : The company has signed a long-term supply agreement with GE Steam Power GMBH, acting through its GE Vernova Power business based in Baden, Switzerland, for the manufacture and supply of highly engineered and complex rotating and stationary airfoils for advanced nuclear, industrial, and thermal power industries. This phase of the contract is valued at $53.5 million (Rs 452.48 crore).
IRCON International : The company has received a work order worth Rs 458.14 crore from North Eastern Electric Power Corporation. The order involves the construction of civil works on an item-rate basis for the Tato-I Hydro Electric Project in Arunachal Pradesh.
Shilpa Medicare : The company's biologics subsidiary, Shilpa Biologics, has received European GMP certification for its Dharwad plant in Karnataka for manufacturing test batches, based on a recent inspection. The inspection was conducted between February 18–20 by the competent authority of Austria.
Concord Biotech : The US Food and Drug Administration has issued Form 483 with four observations for the company's API facility in Dholka. The US health regulator inspected the facility between April 28 and May 2. These observations are procedural in nature and none are related to data integrity.
BSE : The company has executed a Share Purchase Agreement to divest its 100% stake in BSE Institute (BIL) to AV Financial Experts Network for Rs 16.9 crore, subject to the fulfilment of pre-closing obligations.
GOCL Corporation : The company has received approval from its Board to sell its subsidiary, IDL Explosives, to Apollo Defence Industries for Rs 107 crore.
Tata Motors : The Board has approved the issuance of non-convertible debentures (NCDs) worth up to Rs 500 crore.
Indraprastha Gas : The Board has approved the appointment of Rajkumar Dubey as Chairman of the company, effective May 1. Sukhmal Kumar Jain has ceased to be the Chairman.
Tata Steel : Life Insurance Corporation of India has increased its stake in Tata Steel to 7.851% from 5.836% between July 28, 2022, and April 30, 2025.
NTPC : The company's subsidiary, NTPC Renewable Energy, has declared commercial operation of the third and final phase of its 60 MW capacity, part of the 150 MW Gujarat Solar PV project. With this, the total installed and commercial capacity of the NTPC Group has reached 80,155 MW.
JSW Steel : The Revisionary Authority has set aside the demand notices and remanded the matter back to the State Government of Odisha to be disposed of after providing a proper opportunity for a hearing to the company. The Deputy Director of Mines had issued a demand notice, claiming Rs 702 crore for an alleged drop in the grade of production, violation of the mining plan, and use of a higher mesh size for screening in respect of iron ore mining at the Narayanposhi, Jajang, Nuagaon, and Gonua mines.
Adani Ports and Special Economic Zone : The company handled cargo volume of 37.5 MMT, a 4% YoY growth, led by containers (up 21% YoY), and liquids and gas (up 8% YoY). Its logistics rail volume stood at 57,751 TEUs, up 17% YoY, while GPWIS volume reached 1.8 MMT, up 4% YoY.
Resourceful Automobile : Plutus Capital Management LLP bought 30,000 equity shares in the company at an average price of Rs 70.26 per share.
Expo Gas Containers : Aegis Investment Fund bought 2,48,991 equity shares in the company at an average price of Rs 60 per share.
Gujarat Natural Resources : Prime Venture Growth Fund-I sold 6.5 lakh shares in the company at an average price of Rs 46.76 per share.
PNB Housing Finance : Quality Investment Holdings PCC exited PNB Housing by selling its entire 10.44% stake (2.71 crore shares) at an average price of Rs 1,000.20 per share, valued at Rs 2,712.97 crore. However, the buyers for the 10.44% stake included Edelweiss MF, Franklin Templeton MF, Aditya Birla Sun Life MF, ICICI Prudential Life Insurance Company, Nippon India MF, Bandhan MF, Kotak Mahindra MF, Daiwa House Industry Pension Fund, Employees Provident Fund Board, Nomura, Singularity Holdings, Viridian Asia Opportunities Master Fund, AL Mehwar Commercial Investments, Ask Absolute Return Fund, Aurigin Master Fund, Axis MF, Bank of India MF, Canara Robeco MF, Carmignac Portfolio, Citigroup, Cohesion MK Best Ideas Sub-Trust, Discovery Global Opportunity Mauritius, DSP MF, Edelweiss Life Insurance Company, Florida Retirement System, Ghisallo Master Fund, Goldman Sachs, HDFC Bank, ITI MF, Jupiter India Fund, Kotak Mahindra Life Insurance Company, Mahindra Manulife MF, Max Life Insurance, Morgan Stanley, Motilal Oswal MF, Neuberger Berman, Norges Bank, Nuvama Multi Asset Strategy Return Fund, Optimix Wholesale, PI Opportunities AIF V, Plutus Wealth Management, Aditya Birla Sun Life Insurance Company, SBI Life Insurance, Societe Generale, Subhkam Ventures, Sundaram MF, Tara Emerging Asia Liquid Fund, Tata AIA Life Insurance, Tata MF, Jupiter Global Fund, Saudi Second Investment Company, Theleme India Master Fund, UTI MF, and Valuequest India.
