
FinanceWith100₹bh
February 25, 2025 at 05:42 PM
Stock Updates: 25/02/2025:
#stockmarket #stocknews #stockupdates #sharemarket #financewith100rabh
Zomato
Analyst Outperform
Bernstein maintains its 'Outperform' rating on Zomato with a target price of Rs 310
Life Insurance Corp
GST Demand
Life Insurance Corp receives a Rs 57.3 crore GST demand order for Delhi state
Vedanta
Investment
Vedanta to invest Rs 50,000 crore in Assam and Tripura's oil and gas sector over the next 3-4 years
Gland Pharma
US FDA Observation
Gland Pharma gets Form 483 with three observations from the US FDA for its Visakhapatnam facility
Federal Bank
Analyst Buy
BOB Capital retains its 'Buy' call on Federal Bank, expects an NII CAGR of 15.5% over FY25-26
Solar Industries
Analyst Buy
ICICI Sec retains its 'Buy' call on Solar Industries, expects a revenue CAGR of 23.6% over FY25-27
Adani Wilmar
Name Change
Adani Wilmar gets shareholders' approval to change the name of the company to AWL Agri Business
Nestle
Price Hike
Nestle to reportedly consider a slight price hike to counter inflation in key raw materials
Bharti Airtel
Partnership
Bharti Airtel partners with Ericsson to deploy 5G Core solutions, including a signalling controller
Power Mech Projects
Order Win
Power Mech bags a Rs 164.6 crore order BHEL for the 2 x 800 MW DVC Koderma TPS Phase-II project
Tata Investment
IPO Approval
Tata Investment gains on Tuesday as Tata Capital secures board approval for its IPO
Jyoti Structures
Order Win
Jyoti Structures bags a Rs 389.4 crore order from Adani Energy for a transmission line project
SBI Life Insurance
Deputy CEO Appointment
SBI Life's board approves appointing Dorababu Daparti as the Deputy CEO, effective from February 24
Indian Renewable
QIP Issue
IREDA shareholders approve raising up to Rs 5,000 crore via a qualified institutional placement
MPS
Proposed Fundraise
MPS' board to meet on Feb 28 to consider raising funds via the issue of shares or other securities
Welspun Specialty
Rights Issue
Welspun Specialty's board approves a Rs 350 crore rights issue of shares, sets Mar 1 as record date
Akzo Nobel
Divestment
Akzo Nobel to sell powder coatings business and R&D centre to its parent entity for Rs 2,143 crore
Gensol Engineering
Divestment
Gensol inks a Rs 350 crore deal to sell its US subsidiary, Scorpius Trackers, to an RE provider
CIE Automotive
Analyst Buy
Axis Direct maintains its 'Buy' call on CIE Automotive, expects a revenue CAGR of 7.1% over FY25-26
Biocon
Drug Launch
Biocon launches Yesintek in the US to treat Crohn's disease, ulcerative colitis, and other diseases
Texmaco Rail & Engg
Signs MoU
TEXRAIL signs an MoU with Nevomo for high-speed rail, AI diagnostics, and advanced rail solutions
Oil And Natural Gas
Investment
ONGC's board approves a Rs 1,200 crore investment in its arm, ONGC Green through a rights issue
NTPC
Investment
NTPC signs MoUs to invest Rs 84,000 crore in clean energy and hydro storage in Madhya Pradesh