Stocks to Watch: HAL, Rail Vikas Nigam, Tata Steel, Hero MotoCorp, Maruti, and Others

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Stocks to Watch: HAL, Rail Vikas Nigam, Tata Steel, Hero MotoCorp, Maruti, and Others


The Nifty futures contract traded on the Singapore Exchange signifies a adverse begin to home equities. The contract was buying and selling at 17,486.50, down 33 factors or 0.19% from the earlier shut.

Hindustan Aeronautics

The Board of Hindustan Aeronautics will meet on March 10 to contemplate and approve a second interim dividend for the monetary 12 months 2022-23. In different information, the union cupboard has permitted the procurement of 70 HIT-40 fundamental coach plane from HAL for the Indian Air Force for Rs 6,800 crore.

Rail Vikas Nigam

Rail Vikas Nigam Ltd (RVNL) emerged because the lowest bidder for manufacturing and upkeep of Vande Bharat trainsets together with upgradation of the federal government manufacturing models & trainset depots in JV with companions.

Tata Steel

Acquired shares value Rs 74 crore in TRF, a listed affiliate firm of Tata Steel. TRF is engaged within the enterprise of designing and manufacturing of bulk materials dealing with programs and gear for core sector industries reminiscent of energy, ports, metal, mining, and cement for initiatives undertaken on Turnkey foundation. Additionally, Tata Steel is the promoter firm for TRF.

Adani Ports

Adani Agri Logistics, a step down subsidiary of Adani Ports, has included a completely owned subsidiary named HM Agri Logistics. HM Agri will develop and function state-of-the-art silo advanced at varied areas throughout India.

Mindspace Business Parks REIT

CRISIL Ratings Limited has reaffirmed the credit standing for non-convertible debentures, Market linked debentures and company credit standing of Mindspace Business Parks REIT at AAA, whereas the corporate’s industrial papers are rated A1+.

Raj Oil Mills

The final date for receipt of functions within the ongoing “Rights Issue” has been prolonged from 13 March, 2023 to 21 March, 2023. The rights challenge is for fairness shares with the face worth of Rs 10 every, for an quantity of Rs 1.50 crore with an choice to retain oversubscription up to Rs 44.97 crore.

Sunteck Realty

Leased out approx. 2 lakh sq. toes of built-up space of its premium industrial constructing Sunteck BKC51 to Upgrad Education for a lease time period of 29 years. The complete income generated from the challenge will quantity shut to Rs 2,000 crore over all the lease tenure.

Hero MotoCorp

Hero MotoCorp offered 394,460 models of bikes and scooters in February 2023. This interprets right into a double-digit progress of 10% on-year when the corporate had offered 358,254 models.

Maruti Suzuki

The automobile main reported a decline in manufacturing of passenger vehicles and mild industrial automobiles of 6% on-year. The complete manufacturing in February was 159,873 models. The present scarcity of digital elements could have an effect on the manufacturing print in February as in contrast to latest months.

Bajaj Finserv

SEBI granted the corporate approval for a mutual fund license. Bajaj Finserv Asset Management has additionally been accorded an approval to act as an asset administration firm for Bajaj Finserv Mutual Fund.

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