STOCKS ON RADAR:
Adani Transmission: The Company has acquired 100 percent equity share capital of Obra-C Badaun Transmission Limited (OCBTL) from PFC Consulting Limited (PFCCL), the subsidiary of Power Finance Corporation
National Fertilizers: National Fertilizers signed a loan agreement with SBI for an amount of Rs 1,044 crore and has achieved financial closure for its Energy Reduction Schemes at Panipat, Nangal and Bathinda projects and other capex at various units with total project cost of Rs 1,160 crore.
Ceat: India Ratings & Research assigned A1+ rating to the company’s commercial paper for issue size up to Rs 350 crore.
Autoline Industries: Company entered into Memorandum of Understanding (MOU) with Poddar Habitat Pvt Limited to transfer the land and buildings at Mhalunge facility in Pune. The company will utilize the sale proceeds to settle the debt and reduce overall debt exposure.
Vedanta: Court on Friday ordered Vedanta that it cannot reopen its copper smelter in Tamil Nadu until it hears a case challenging a verdict by the country?s environment court in favour of the conglomerate.
Apex Capital and Finance: Shareholders approved the issue of equity shares on preferential basis to certain promoters and non-promoters.
Disclaimer: The Stocks mentioned are not an advice to buy or sell. It is only for information purpose. The information is collected from various published sources. You are advised to consult your financial advisors before any decision to be taken on the stocks. In no case Wealth Discovery Securities or Ezwealth will be responsible or cannot be liable for any loss on your action taken on the stocks.