Stocks in the news: Mrs Bectors Food, Vedanta, HDFC, Bharat Forge, CG Power, Firstsource Solution
Mrs Bectors Food: Mrs Bectors Food Specialities, which lately concluded its Rs 541-crore preliminary public providing, will make its debut on the inventory exchanges on Thursday. The fairness shares can be listed on the BSE and the National Stock Exchange.
Vedanta: Billionaire Anil Agarwal’s Vedanta Resources, which did not garner the required variety of shares to delist its Indian arm Vedanta in October, will purchase round 4.9 per cent stake on Thursday by way of block offers.
HDFC: The largest pureplay mortgage participant HDFC, which on Wednesday signed a pact with the Indian Green Building Council (IGBC), stated its inexperienced housing retail mortgage e book has crossed the Rs 14,000-crore-mark throughout 310 licensed inexperienced buildings.
Bombay Rayon Fashions: Fabrics and clothes producer Bombay Rayon Fashions Ltd (BRFL) has stated it will hive off its Tarapur yarn dyeing and cloth processing unit to its subsidiary firm BRFL Textiles Private ltd, underneath droop sale as a part of its restructuring efforts.
Bharat Forge: Auto part main Bharat Forge stated its three Germany-based subsidiaries have reached a settlement with the European nation’s nationwide competitors regulator in reference to two separate proceedings.
Tata Communications: Digital know-how agency Tata Communications stated it has acquired 58.1 per cent stake in France-based eSIM firm Oasis Smart SIM Europe SAS (Oasis).
Firstsource Solutions: Business course of administration (BPM) providers supplier Firstsource Solutions stated it has acquired PatientMatters, a US-based healthcare income cycle administration (RCM) options supplier, for $13 million (over Rs 95.7 crore).
CG Power: CG Power and Industrial Solutions introduced the inauguration of its good motor manufacturing facility at Ahmednagar in Maharashtra.
Snowman Logistics: Adani Logistics offered 11,36,974 shares of Snowman Logistics on Wednesday at Rs 53.04 per share.
