Stock Insights : Adani Energy Solutions Ltd , Adani Ports Ltd , Apollo Hospitals Ltd, Bharat Petroleum Ltd, Coforge Ltd - ARETE Securities Ltd

The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive start for the broader index after NIFTY closed 82 points lower at 24,750 on Friday.
Adani Energy Solutions
The company won Rs.1,660 crore Maharashtra inter-state transmission project adding 3,000 MVA capacity, raising order book to Rs.61,600 crore.
Adani Ports
The company approved a tender offer of up to $1 billion for its outstanding senior notes over the next six financial quarters.
Apollo Hospitals
The company announced a Rs.1,229 crore investment to add 700 beds in Bengaluru via greenfield (Rs.944 crore) and brownfield (Rs.285 crore) expansion.
Bharat Petroleum
The company approved investment in Tikitar and Shell India JV for value-added bitumen and Rs.14,200 crore capex for a new PRFCC unit at Mumbai Refinery.
Coforge
The company’s wholly owned subsidiary Coforge U.K. sold 100% shareholding in step-down subsidiary Coforge AdvantageGo, a provider of commercial and specialty insurance software solutions, to Sapiens (UK) Limited.
Escorts Kubota
The company completed transfer of Railway Equipment Business to Sona BLW Precision Forgings as per the executed Business Transfer Agreement.
InterGlobe Aviation
The company signed a MoU with Airbus to double A350-900 wide-body order from 30 to 60 aircraft to boost global expansion.
Ircon International
The company received a Rs.1,068 crore LOA from East Central Railway for EPC of a new BG rail bridge over River Ganga with 4 years execution.
Marico
The company acquired an additional 8.8% stake in Satiya Nutraceuticals, raising its total holding to 60% for a total of Rs.380.04 crore.
Solar Industries
The company received Rs.402 crore order from Coal India for supply of cartridge explosives and accessories over two years.
Sun Pharma
The company completed the acquisition of Checkpoint Therapeutics, gaining UNLOXCYTTM, the FDA-approved anti-PD-L1 treatment for advanced cutaneous squamous cell carcinoma
Please refer disclaimer at http://www.aretesecurities.com/
SEBI Regn. No.: INM0000127










Tag News

MOSt Market Roundup : The Nifty dropped 174 points, or 0.7%, to close at 24,543, while the S...



More News

Market Watch : RBI's OMO to boost liquidity further - Geojit Financial Services Ltd


