Tata Steel Ltd., Ceigall India Ltd., NTPC Green Energy Ltd., Rail Vikas Nigam Ltd. and Mahindra & Mahindra Ltd. are some of the stocks that will be on the radar on Friday.
Stocks To Watch
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Tata Steel: The company acquired stake for the value of Rs 2,603 crore in Singapore-based arm T Steel Holdings Pvt. The firm had acquired a stake worth Rs 2,348 crore in T Steel Holdings on Aug. 28, 2024.
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Ceigall India: The firm completed financing Rs 2,499 crore for road projects.
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Mahindra & Mahindra: The board gave their approval to M&M Financial in order to raise up to Rs 3,000 crore via rights issue and Mahindra Lifespace Developers to raise up to Rs 1,500 crore via rights issue.
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NTPC Green Energy: The firm signed a memorandum of understanding with Bharat Light and Power in order to achieve a carbon neutral economy. They plan to jointly explore the offtake of green hydrogen and its derivatives.
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Vedanta: The Vedanta Group is seeking bids from global firms for building five gigawatts of nuclear power capacity in India, which the mining conglomerate plans to use for meeting energy needs at its facilities according to Bloomberg.
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Religare Enterprises: The Burman Group acquired control of Religare Enterprises, following a prolonged tussle that involved the financial services firm’s ousted chairperson Rashmi Saluja and the US-based investor Danny Gaekwad.
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Cipla: The company received approval from the US Food And Drug Administration for New Drug Application submitted for Nilotinib capsules. Nilotinib is used in the treatment of Philadelphia Chromosome positive chronic myeloid leukemia.
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Action Construction Equipment: The firm received an order worth Rs 420 crore from Defence Ministry.
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Narayana Hrudayalaya: The company is set to invest Rs 900 crore in the first phase for a hospital in Kolkata. It plans to add 1,100 beds in Kolkata hospital.
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RVNL: The company has signed Project Implementation Agency Agreement with Bharat Sanchar Nigam in consortium with HFCL.
. Read more on Markets by NDTV Profit.Cipla, Narayana Hrudayalaya, NTPC Green Energy and Action Construction Equipment will be some of the other stocks to watch before going into trade. Read MoreMarkets, Business, Notifications
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