Stocks that will see action today—May 4, 2023
SJVN I was awarded the 200 MW grid connected solar project at Khavda Solar Park through reverse e-auction conducted by Gujarat Urja Vikas Nigam Limited. The full capacity of 200 MW has been acquired by the company at Rs 2.88 per unit on a build-and-operate basis under a competitive open tariff bid by GUVNL. The initial development cost of this project is approximately Rs. 1,200 crore.
board of directors HG InfraEngineering has decided to enter into a share purchase agreement with Highway Infrastructure Trust, Highway Concessions One Private Limited, HG Ateli Narnaul Highway Private Limited, HG Rewari Ateli Highway Private Limited, Gurgaon Sohna Highway Private Limited and HG Rewari Bypass Highway Private Limited whereby the Company shall sell its shareholding in proportion 100 percent stake in four wholly owned subsidiaries – Gurgaon Sona Highway Private Limited; HG Rewari Ateli Highway Private Limited; HG Ateli Narnaul Highway Private Limited: and HG Rewari Bypass Private Limited.
Dabur Nepal Private Limited, a subsidiary of Dabur India Limited In Nepal, approval has been given by the Nepal Investment Board for an additional investment of Nepalese Rupees 969 Crore (approximately Rs. 608 Crore) which will enable Dabur Nepal Private Limited to expand and grow its business by expanding capacity, diversifying products, upgrading of factory facility, etc. over a period of time. the next 4 to 5 years.
dataAlkermes, a global technology, operations and digital expertise company, has entered into a strategic partnership with Alkermes, a global biopharmaceutical company developing innovative medicines in the fields of neuroscience and oncology. The partnership focuses on strengthening patient support services at Alkermes.
your masticThe digital engineering company and cloud services provider has announced the integration of its digital delivery platform with ServiceNow Customer Service Management (CSM) to deliver end-to-end IT services solutions to its customers around the world. Integration with CSM will help Mastek develop an advanced ticketing workflow combined with enhanced help desk capabilities for faster incident response processing, all in one platform.
Riteish real estate and industries Hampton Estates launched. The project is spread over 12 acres and contains 111 residential plots of 250 square yards each and commercial properties including 25 brand outlets. The project is estimated to be completed in FY24. This project will be developed with an investment of approximately Rs. 100 crore. It is located on NH 5 (Chandigarh – Ludhiana Highway) within the Ludhiana municipal boundaries and is about 800 meters away from the existing Hampton Court Business Park development.
AstraZeneca Pharma India Limited Approval for the import of Trastuzumab deruxtecan (Enhertu) for sale and distribution has been granted by the Central Medicines Standards Monitoring Authority. Enhertu is used to treat adult patients with unresectable or metastatic HER2-positive breast cancer.
Simic Completed the acquisition of 100% of the shares of Aarey Organic Industries Private Limited. The total share takeover is valued at ₹17.40 crore.
GR Infraprojects has emerged as an L-1 Bidder for a project seeking to construct a 4-lane highway with paved shoulders in Uttar Pradesh. The project will be undertaken in hybrid annuity mode at a cost of Rs. 737.2 crore.
Modern Engineering and Projects Ltd (formerly Modern Converters Limited) has entered into a contractual joint venture agreement with Aqua-tech Solutions Private Limited (Aquatech). Aquatech successfully won the bid and entered into an agreement for the “Khopoli Underground Sewerage Project” contract with the Khopoli Municipal Council, Maharashtra.
Vivanta Industries Limited Received an order of Rs 35 crore to manufacture an active plant for purification and sterilization of pharmaceutical ingredients using desiccants in API small batch. The factory will be a multi-product batch facility.
Waaree Renewable Technologies Limited (formerly Sangam Renewables Limited) has received a letter of award (LOA) from the energy arm of a leading Indian conglomerate in the steel, power and infrastructure sector, for Engineering, Procurement and Construction (EPC) services in connection with the setup of a 6.5 MW solar power project along with five years of commissioning services. and maintenance. The project is expected to be completed in fiscal year 24.
Evaluating the results: 360 ONE WAM, Adani Enterprises, Age Greenpac, Aptus Value Housing Finance, Blue Star, Bombay Dyeing & Manufacturing Company, CEAT, Choice International, Dabur India, De Nora India, Entertainment Network, Filatex, Firstsource Solutions, Housing Development Finance Corporation, Hero MotoCorp, IDFC, Jammu & Kashmir Bank, Moral Overseas, Mindspace Business Parks REIT Paushak, Punjab Chemicals, Rane Engine Valve, Responsive Industries, RMC Switchgears, RTN Power, Rushil Decor, Sundram Fasteners, Suraj, Tata Power, TVS Motor, United Factories Lager and Vinyl India