Business & Investment

RIL Stocks: News Stocks: RIL, BEML, RCF, SAIL, Ashok Leyland, Adani Green

Singapore Exchange’s nifty futures traded at 14,070, up 54 points (0.39%) as a sign that Daral Street got off to a positive start on Monday. Here are some of the most talked-about stocks in the todat = y trade:

RCF: The government plans to sell a 10% stake in Rashtriya Chemical and Fertilizers (RCF) and has called for bids from merchant bunker and law firms to control the stake sale process. DIPAM said in a notice that interested merchant bunker and legal adviser would have to submit bids by January 28 and January 29, respectively.

Kadira Health care: Pharmaceutical company Zydus Cadila said on Sunday that it received DCGI approval to begin Phase III clinical trials of the COVID-19 vaccine ZyCoV-D. Zydus Cadila said in a statement that the company is currently planning to begin Phase III clinical trials with approximately 30,000 volunteers.

Reliance Industries (RIL): The· India Securities and Exchange Commission (Sebi) Penalized RIL and its Chairman and Managing Director Mukesh Ambani, and two other entities alleged to have executed operational transactions at Reliance Petroleum Ltd in 2007. In another development, RIL and its partner, BP Plc in the United Kingdom, will pay in cash the amount of natural gas that cannot be delivered to customers from the next wave of discoveries in the east offshore KG-D6 block.

Larsen & Tubro: Larsen & Toubro (L & T) said its construction sector has won significant contracts in the domestic and international markets.

BEML: India is calling for a 26% stake in state-owned defense and engineering companies BEML, The company said in a Saturday exchange document.

sail: The state-owned Steel Authority of India Ltd (SAIL) said it was chaired by Soma Mondal.Prior to this, she was the director (commercial) of sailSaid the country’s largest steel company.

Ashok Leyland: Hinduja-Flagship Company Ashok Leyland On Friday, it reported that total commercial vehicle sales increased 14% to 12,762 units in December 2020. The company sold a total of 11,168 units in December 2019, Ashok Leyland said in a regulatory filing.

Coal India: Coal India Ltd’s production increased 6.3% between October and December 2020 to 156.8 million tonnes (MT), compared to 147.5 MT in the same quarter last year. The increase in production during the period was 9.3 MT.

Adani Green: A company led by Gortam Adani said in a statement Friday that a subsidiary of Adani Green Energy received a contract to build a 600-megawatt (mw) wind-solar hybrid project, bringing the company’s entire project portfolio to 14,795 mw. ..

Antony Waste Disposal Cell: Edelweiss Finvest sold 2,51,348 shares of Antony Waste Handling Cell for Rs 439.70 per share.

TVS Motor Co: TVS Motor Company reported on Saturday that total December sales increased 17.5% to 2,72,084 units.

Power Finance Corp: The state-owned Power Finance Corporation (PFC) has raised its borrowing limit for the current fiscal year to Rs 1.18.

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RIL Stocks: News Stocks: RIL, BEML, RCF, SAIL, Ashok Leyland, Adani Green

https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-the-news-ril-beml-rcf-sail-ashok-leyland-and-adani-green/articleshow/80089502.cms RIL Stocks: News Stocks: RIL, BEML, RCF, SAIL, Ashok Leyland, Adani Green

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