12 June 23
FII & DII DATA
FII Net SELL- 626.62cr
DII Net BUY - 1,793.85cr
13 June 2023
Stocks in Focus
Adani Ports & SEZ
The Adani Group company has suspended vessel operations at Mundra and Tuna port in view of an advisory issued by the met department on expected cyclone storm Biparjoy
Ramkrishna Forgings
A new Company has been incorporated in the name and style of “Ramkrishna Titagarh Rail Wheels Limited” on 9th June, 2023 for manufacturing and supply of forged wheels under long term agreement under Aatma Nirbhar Bharat. The company has been formed by Ramkrishna Forgings Limited (“RKFL”) and Titagarh Rail Systems Limited (“TRSL”), where both the parties hold 50 percent stake.
Punjab and Sind Bank
The board has approved the raising of capital up to Rs 750 crore through the issuance of Basel-III compliant Additional Tier-I Bonds or Tier-II Bonds. The fundraising will be done in one or more tranches within a period of 12 months.
Zee Entertainment
The Securities and Exchange Board of India (SEBI) has directed Essel Group Chairman Subhash Chandra and Chief Executive Officer of Zee Entertainment Enterprises Punit Goenka to immediately step down as directors or Key Managerial Personnel, and has barred them for holding any such positions
JSW Steel
The company has been declared as the preferred bidder of mining lease for iron ore mineral in two blocks in Goa by Mineral Block Directorate of Mines and Geology. The two blocks are block VI- Cudnem-Cormolem Mineral Block and block IX-Surla-Sonshi
HFCL Limited
The Company has bagged an Order worth Rs 80.92 crores from Delhi Metro Rail Corporation (DMRC) Limited, for Design, Manufacture, Supply, Installation, Testing and Commissioning of Fibre Optics Transmission System (FOTS) for three
priority corridors of Phase IV of Delhi Metro Rail Project. The time period for the order is within 156 weeks from the date of NTP (Notice to proceed). Thereafter, the Company has to provide warranty
Greaves Electric Mobility Private Limited
GEMPL, the e-mobility business of Greaves Cotton Limited, has partnered with Bike Bazaar Finance, an RBI-registered non-banking finance company. The agreement aims to provide financing for GEMPL's ELE-branded L3 electric vehicles. Initially, the partnership will be effective in Uttar Pradesh and Bihar, with plans for nationwide expansion in the future. This collaboration will enhance accessibility to GEMPL's electric vehicles by offering financing up to 85 percent of the on-road price.
Tejas Networks
The company has deployed its TJ1400 family of carrier-class Fiber-to-the-x (FTTx) and Packet Switching Network PTN solutions to deliver high-speed fiber connectivity services to businesses across the country for Tata Tele Business Services TTBS. TTBS is a leading digital solutions provider offering a comprehensive portfolio of data, voice and managed services to Enterprises.
Inox Wind Energy
The company will merge with parent Inox Wind via share swap. For every 10 shares of Inox Wind Energy with issue price of Rs 847 each, 158 shares of Inox Wind with issue price Rs 54 will be issued.
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