Stocks in news: Stocks in news: Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, NBCC

Stocks in news: Stocks in news: Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, NBCC

by

Benchmark Sensex reversed its early gains to close lower by 398 points on Wednesday amid weak global trends. In today’s trade, shares of Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, NBCC among others will be in focus due to various news developments.

SBI
State Bank of India, PT Bank KEB Hana Indonesia and Bank SBI Indonesia have signed shareholders’ agreement, which allows Bank KEB Hana Indonesia to invest in 1% shares of Bank SBI Indonesia by way of preference shares.

Arvind Fashions
Goldman Sachs has bought over 13 lakh shares worth Rs 75 crore in Arvind Fashions through block deal

NBCC
NBCC collaborated with MTNL to develop 13.88 acres of land parcel in New Delhi. The project is valued at Rs 1,600 crore.

Tata Steel
Tata Steel has signed a £500 million Grant Funding Agreement with UK Government for £1.25 billion Green Steel project in Port Talbot.

Route Mobile
Proximus Opal, one of the promoters of Route Mobile, to sell up to 38 lakh shares (6.03% equity) of the company through an offer for sale.HPCL
The board of HPCL approved Visakh Raipur Pipeline Project Investment. The company will construct a pipeline from Visakh to Raipur and allied facilities including Depot at Kantabanji at an estimated cost of Rs 2212 crore.

BPCL
The JV of BPCL’s arm Bharat Petro Resources and Indian Oil received production concessions from the Supreme Council for Financial & Economic Affairs (SCFEA), Abu Dhabi.

Adani Ports
Adani Ports and SEZ to develop a multipurpose berth at Gujarat’s Kandla Port.

Read original article here

Denial of responsibility! Verve Times is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a Comment