Stocks in news: Tata Technologies, SBI Card, Jio Financial, LTIMindtree, NBCC

Stocks in news: Tata Technologies, SBI Card, Jio Financial, LTIMindtree, NBCC

Benchmark indices Sensex and Nifty ended on a flat note after a volatile session on Tuesday as they took profits amid rising geopolitical tensions. In today’s trade, stocks including Tata Technologies, SBI Card, Jio Financial, LTIMindtree, NBCC will be in focus due to various news developments.

Tata Technologies

TPG on Tuesday through its investment arm Rise Climate Sf Pte Ltd in Tata Technologies for Rs. 1,230 crore worth 3% was sold through a block deal.

UPL
UPL Global, a step-down subsidiary of UPL, has completed the acquisition of the remaining 20% ​​stake in PT Excel Mag Indo, an Indonesian company engaged in the agrochemical sector.

Zydus Life
Zydus Life received final US FDA approval for provisional approval for amantadine extended-release capsules 68.5 mg and 137 mg.

Jio Financial
Jio Financial Services arm Jio Leasing Services (JLSL) has bought 8.1% cumulative optionally convertible preference shares in Reliance International Leasing IFSC for Rs. 67.5 crore has been invested.

PNC Infratech
From NHAI Rs. PNC Infratech was declared the lowest bidder for the 380 crore project.

SBI Cards

Dinesh Khara resigned as a director of the company with effect from August 27, 2024.

Godrej Agrovet
Godrej Agrovet has completed acquisition of 49% stake in arm Godrej Tyson Foods from Tyson India Holdings. With this acquisition, the shareholding in Tyson India Holdings has increased from 51% to 100%.

Aditya Birla Capital
AB Capital on rights basis in Aditya Birla Housing Finance Rs. 300 crore has been invested.

LTIMindtree
Karnataka High Court till next date of hearing Rs. 378 crore GST demand order, which has not yet been notified, was put on hold.

Wipro
Wipro extends its collaboration with Dell Technologies to bring Dell AI Factory to Wipro’s enterprise AI-ready platform.

NBCC
NBCC’s board will consider the proposal to issue bonus shares on August 31, 2024.

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