Last Updated: March 27, 2024, 08:04 IST
Stocks To Watch On March 27: Equity indices declined on Tuesday, snapping their three-day gaining streak amid combined international developments. In right this moment’s commerce, shares of Angel One, CDSL, Apollo Pipes, Cipla, Aster DM Healthcare amongst others might be in focus due to varied information developments.
Aster DM Healthcare: Private fairness agency Olympus Capital Asia plans to promote a 9.8 per cent stake in India’s Aster DM Healthcare for up to 19.53 billion rupees (almost $234.5 million), in accordance to a time period sheet seen by Reuters on Tuesday.
Central Depository Services (India): Standard Chartered Bank, a public shareholder of CDSL is probably going to promote its whole 7.18 per cent stake (75 lakh fairness shares) for $151 million by means of a block deal, CNBC-TV18 reported.
SpiceJet: SpiceJet on Tuesday stated it had signed an settlement with plane lessor Export Development Canada (EDC) to settle liabilities price Rs 755 crore.This pact will permit the airline to take possession of 13 of the 15 Bombardier Q400 plane financed by EDC.
Adani Ports: India’s largest port operator Adani Ports and Special Economic Zone (APSEZ) has expanded its presence on India’s shoreline after shopping for 95 per cent in Odisha’s Gopalpur Port Ltd (GPL) at an enterprise worth of Rs 3,080 crore.
L&T: Engineering conglomerate Larsen & Toubro (L&T) on Tuesday stated the corporate’s board had accepted a proposal to increase Rs 7,500 crore. This might be within the type of exterior business borrowing, time period loans, non-convertible debentures, and so forth.
LIC: Life Insurance Corporation of India (LIC) on Tuesday stated tax authorities have slapped a requirement discover of about Rs 39.39 lakh on it for brief fee of Goods and Services Tax (GST) for 2017-18.
Sanofi India and Cipla: Both corporations introduced on Tuesday an unique partnership to enhance entry to Sanofi’s Central Nervous System (CNS) drugs throughout India. Cipla will leverage its intensive community to distribute Sanofi’s CNS portfolio, together with Frisium, a number one anti-epileptic drug. Sanofi will retain possession, import, and manufacture of the CNS merchandise.
Piramal Enterprises: The firm invested Rs 2,000 crore in unit Piramal Capital and Housing Finance by means of subscription to a rights situation.
Angel One: The firm has set a ground worth of Rs 2,555.01 a bit for its QIP.
APL Apollo Tubes: It accomplished the acquisition of 53.57 per cent share capital and voting rights in KML on March 26, 2024, making it a subsidiary.
IIFL Finance: The firm appointed Arun Kumar Purwar as chairman and an extra non-unbiased non-government director efficient April 1.
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