Tuesday, 20 February 2018

Stocks in the news: HDFC, Kaya, Fortis, Ambuja Cements, Amtek Auto, Religare

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Here are stocks that are in news today:
IndiGrid Trust

-Investment in power transmission asset of Techno Electric and Engineering Company Limited

-Completed acquisitions of 3 units from Sterlite Power Grid Ventures Limited

Tata Power

-Gets shareholders’ nod for scheme of agreement with Tata Power Renewable Energy

-Gets shareholders’ nod for scheme of agreement with Supa Windfarm, Nivade Windfarm

-Gets shareholders’ nod for scheme of agreement with Tata Power Green Energy

Fortis Healthcare clarifies

-On reports of SEBI & SFIO investigations against company & Religare Enterprises

-Got no communication, written or otherwise, from government on probe

-NSE Data: RK Damani’s Derive Investments buys 26.5 lakh shares of 

Fortis Health at Rs 144.5 per shareFortis Healthcare
-Promoters holding falls to 8.85 percent from 34.33 percent earlier

-25.58 percent promoter shares have been revoked
Other stocks and sectors that are in news today:

M&M to invest Rs 500 crore for electric vehicle and electric vehicle components in Chakan as a part of expansion efforts
Equity intelligence buys 13,350 shares (0.1 percent of share capital) of Kaya

Sun Pharma's wholly owned subsidiary buys additional shares in Ranbaxy Malaysia Sdn Bhd, post completion stake will increase to 90.74 percent

63 Moons, NSEL merger case another hearing on April 18
Religare Enterprises says raising of funds through issue of warrants for preferential issue by issuing 17.5 crore warrants at Rs 52.2 per share

Godawari Power and Ispat amalgamates with Jagdamba Power and Alloys; transferor company has 25MW captive power plant

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