21 March 23
FII & DII DATA
FII Net SELL - 1454.63cr
DII Net BUY - 1946.06cr
FII & DII DATA
FII Net SELL - 1454.63cr
DII Net BUY - 1946.06cr
22 March 2023
Stocks In News, Share Market News
Hindustan Zinc
Vedanta Group firm on Tuesday said its board has approved a fourth interim dividend of Rs 26 per equity share for 2022-23, amounting to Rs 10,985.83 crore. "...we wish to inform you that the Board of Directors of the Company in its meeting held on March 21, 2023, have approved a fourth interim dividend of Rs 26/- per equity share i.e. 1300 % on the face value of Rs. 2/- per share for the Financial Year 2022-23 amounting to Rs 10,985.83 crore," the regulatory filing stated.
Tata Power Company
Tata Power Renewable Energy Ltd (TPREL) on Tuesday said it has secured a letter of award (LoA) for setting up a 200 MW solar PV project for Maharashtra State Electricity Distribution Company Ltd (MSEDCL) in Solapur, Maharashtra. The power distribution company claims that the project is expected to offset approximately 432.94 million kg of CO2 emissions annually.
HG Infra Engineering
Construction engineering company on Tuesday said it has been declared as the lowest bidder for a project by the North Central Railway in Kanpur. HG Infra made a bid of Rs 655.09 crore for the project, while the North Central Railway’s estimated cost of the project was Rs 677.31 crore, the company stated. Under the terms of the contract, the construction company will be responsible for the re-development of the Kanpur Central Railway station in the Engineering, Procurement, and Construction (EPC) mode in UP.
Tata Motors
Homegrown automaker on Tuesday announced a price increase of up to 5 percent for commercial vehicles starting from April 1, 2023. According to the vehicle manufacturer, the decision to increase prices is a result of the company's efforts to comply with the more stringent BS6 phase II emission norms.
SBI Cards and Payment Services
The company on Tuesday declared an interim dividend of Rs 2.50 per equity share for the financial year ending March 31 (2022-23). "...we wish to inform you that the Board of Directors of the company, at its meeting held today, has inter alia, declared an Interim Dividend of Rs 2.50 (25%) per equity share (face value of Rs 10/ each) of the Company for the financial year 2022-23," the company said in a filing to the BSE
Indian Oil Corporation
The company on Tuesday announced that its board has provided in-principle approval to carry out pre-project activities for setting up the Paradip petrochemical complex at Paradip, Odisha. The project will be developed at an estimated cost of Rs 61,077 crore. The project shall improve the petrochemical Intensity Index of the company and de-risk its fossil fuel business. It shall also help to reduce the import dependency and contribute to the vision of “Atmanirbhar Bharat."
Asian Energy Services
The company on Tuesday said it has received a Letter of Award (LoA) from Svetah Energy Infrastructure FZE, UAE, for the Operations & Maintenance works (O&M) of the floating production storage and offloading system (FPSO), Svetah Venetia. The system is to be deployed for the production of Oil and Gas in the offshore area of contract area CY-OS-90/1 (PY3 Field) in Puducherry, according to a statement by ASEL.
Lupin
Drug firm on Tuesday said it has received approval from the US health regulator for Brexpiprazole tablets used to treat certain mental and mood disorders. The approval by the US Food and Drug Administration (USFDA) is for Brexpiprazole tablets of strengths 0.25 mg, 0.5 mg, 1 mg, 2 mg, 3 mg, and 4 mg, the company said in a regulatory filing.
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