Here are some of the stocks that may see significant price movement today.
Punjab National Bank: The bank has announced a qualified institutional placement (QIP) of its equity shares to raise capital as part of its expansion strategy. The equity share floor price has been established at ₹109.16, according to a statement from the country’s second-largest public sector bank on Monday.
Firstsource Solutions: The RP Sanjiv Goenka Group’s business process management services company announced the acquisition of Ascensos, a renowned UK-based customer experience outsourcing partner for retail and e-commerce businesses, for £42 million through its subsidiary Firstsource Solutions UK Ltd.
Power Grid: State-owned business announced that it had won the tariff-based competitive bidding for a crucial interstate gearbox project. The project includes the installation of dynamic reactive compensation systems (STATCOMs) at Khavda pooling stations 1 and 3 in Gujarat, as well as the expansion of adjacent bays.
GR Infraprojects: The infrastructure company said it was the lowest bidder for a project in the second phase of the Nagpur Metro Rail Project. The business was awarded a ₹903.5-crore contract to design and build a 17.624-km elevated metro viaduct. The project includes a double-decker segment and a 1.14 km vehicular underpass.
Thangamayil Jewellery: Tamil Nadu-based company announced that its board of directors will meet on Thursday, September 26, to consider prospective fundraising opportunities.
BGR Energy Systems: The Chennai Metropolitan Water Supply and Sewage Board (CMWSSB) has issued a contract termination notice to the company for the design, construct, and operate (DBO) project for a 45 MLD capacity tertiary treatment reverse osmosis (TTRO) facility in Kodungaiyur.
AstraZeneca Pharma: CDSCO grants authority to import, sell, and distribute Durvalumab Solution for Infusion. The solution is used to treat adults with a kind of cancer known as BTC.
NTPC: NTPC Green Energy’s IPO is expected to take place in the first week of November, and the business will hold roadshows in various cities in India and internationally to attract investors. Roadshows are scheduled for Mumbai, London, Singapore, the United States, and other locations. NTPC Green is a 100% subsidiary of NTPC.
Reliance Power: The Board approved a preferential issue of shares worth ₹1,524.6 crore at ₹33 per share. The shares/warrants will be issued to Reliance Infrastructure, the promoter, and two non-promoter entities, Authum Investment and Infrastructure Ltd. and Sanatan Financial Advisory Services Pvt. Ltd.
Coal India: The state-run business has signed a joint venture agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL) to build a 2×800 MW brownfield thermal power project at RRVUNL’s existing Kalisindh Thermal Power Station in Rajasthan.
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