Power Grid Corporation Of India has signed a share buy settlement with Jaiprakash Power Ventures
The home inventory markets are prone to begin the week on a cautious be aware attributable to blended international cues. Trends on SGX Nifty point out a flat opening for the index in India, with a 2-points achieve. At 7:30 am, the Nifty futures have been buying and selling just about unchanged at 14,520 on the Singapore Stock Exchange.
On Friday, the BSE Sensex gained 641.72 factors, or 1.30 per cent, to shut at 49,858.24 and Nifty rose 186.10 factors, or 1.28 per cent, to 14,744.
Stocks to look at in commerce in in the present day’s session:
Bharat Dynamics
The Ministry of Defence has signed a contract with Bharat Dynamics for the provision of Milan-2T anti-tank guided missiles to Indian Army at a value of Rs 1,188 crore.
Adani Green Energy
Adani Green Energy will purchase 100 per cent stake in an SPV holding 50 MW working photo voltaic mission of the Toronto-headquartered SkyPower Global.
Power Grid Corporation Of India
Power Grid Corporation Of India has signed a share buy settlement with Jaiprakash Power Ventures for acquisition of 74 per cent stake of JVPL in Jaypee Power Grid at an combination price of Rs 351 crore. JPL will subsequently grow to be a wholly-owned subsidiary of the corporate.
