Stocks in news: DLF, RComm, Pfizer, Monsanto, SBI, GMR, Marg

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26 Aug, 2025 12:21

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Here are stocks that are in news today:

GMR Infrastructure says-GMR-led consortium bags order for Eastern Dedicated Freight Corridor project-Order involves 2 packages worth Rs 2,281 crore on EPC mode-Project involves design and construction of civil structures and track works-Packages expected to be completed in 44 and 36 months

Buyback-MOIL board approves buyback of 20.72 percent equity at Rs 248/shareAlert: Buyback price set at 1.64 percent premium to market price of Rs 244/share-NMDC board approves buyback of 20.2 percent equity shares at Rs 94/shareAlert: NMDC buyback price set at 2.56 percent premium to market price of Rs 91.65/share

Telecom stocks in focus (Bharti Airtel, Idea Cellular etc)-Telecom commission sticks to a 3 percent spectrum usage charge (SUC) on future spectrum across all spectrum bands-Current SUC is 4-6 percent on all bands except 2300 MHZ (BWA) on which we pay 1 percent-So average for most companies would be between 4-5 percent-Hence if on future spectrum, the telecom companies pay 3 percent it's a positive since it will bring down the average

DLF (reports)-Apex consumer panel slaps penalty of 12 percent per annum on DLF to be given to 50 buyers-This is for delay in giving procession of their flats in its Panchkula project 

Marg-Shapoorji group to pick up 51 percent stake in Karaikal Port for Rs 900 crore: FE-Karaikal port is managed by Marg group-Shapoorji will also take over debt worth Rs 1,800 crore

Wipro-Buyback opens on June 17, closes on June 30-Proposes to revive Rajarhat SEZ in Bengal: BS

YES Bank-Shareholders approve raising up to USD 1 billion via issue of shares, securities-Shareholders approve raising up to Rs 10,000 crore by issue of debt securities

Asian Granito-Wins 12 lakh square meters order for recently launched - 1000x1000mm jumbo double charge vitrified tiles-Also 800x800mm imperio double charge vitrified tiles

HDFC Bank-Cuts 1-month MCLR (marginal cost of funds-based lending rate) from 9 percent to 8.95 percent effective June 7-Cuts 2-year MCLR from 9.25 percent to 9.20 percent effective June 7

Other stocks and sectors that are in news today:-ONGC Videsh plans to raise more than USD 1 billion to refinance a bridge loan: FE-Reliance Communication-Aircel merger likely to be completed by end of June: Mint/BS-ICRA upgrades credit ratings for long term loans & NCDs of Ramco Cements-Bharat Forge arm Alstom Bharat Forge (JV) to supply steam turbine generators to NTPC's Telangana power plant-Bank of Baroda hikes 1-year MCLR from 9.30 percent to 9.40 percent w.e.f June 7-Pfizer gets waiver of clinical trials for its breast cancer drug: BS-Piramal Enterprises board meeting on June 10 to consider Rs 300 crore worth fund raising via NCDs-Strides Shasun completes acquisition of controlling stake in Universal Corp, Kenya-Debt recovery tribunal advises SBI to consider option of adjusting Rs 2,000 crore deposited by Mallya in High Court: BS-Monsanto gets Indian patent for automated testing of seeds: FE-Airline stocks in focus - Vistara slashes fare by 25 percent: BS-Suzlon management says aim for 40 percent market share in FY17 against 26 percent in FY16: BS