Here's a quick look at which stocks will be in focus in trade on Wednesday, from significant investments and major deals to key order wins announced by companies after market hours on Wednesday :
Trident Limited
A massive fire accident took place at the company's Dhaula facility at 8.30 pm on Wednesday. After the accident, operations at the facility stand disrupted.
HCC
Steiner AG, the company's subsidiary is in the process of raising capital to address working capital requirements. In this process, the company has faced short-term liquidity gaps in the past few weeks.
Edelweiss Financial Services
Edelweiss Rural and Corporate Services Limited, a subsidiary of the company, received an assessment order and demand notice under Section 147 of the Income Tax Act, 1961. It also received a tax demand of Rs 1.21 crores on account of certain disallowances. Other subsidiaries, Ecap Securities and Investments Limited and Edel Finance Company Limited received tax demands of Rs 55.11 crores and 29.45 crores respectively.
Aptech Limited
The company received a contract under the administrative control of Ministry of Electronics and Information Technology to conduct computer-based tests.
Infinite India
Janisha Shah, compliance officer of the Trust will be stepping down as the compliance officer with effect May 31.
Reliance Infrastructure Limited
The company incorporated a new subsidiary, Reliance Risee Private Limited which will act as advisors and consultants for matters relating to engineering, technology. It will also deal in commodities and its derivatives.
Around 99.9 percent of shareholders voted in favor of amalgamation of TCNS Clothing and Aditya Birla Fashion and Retail limited.
United Spirits
The company had to pay a penalty of Rs 25,000 for mismatch of batch number in one of the consignments.
Force Motors
The company's domestic sales increased 13.38 percent in May to 2,412 units. Exports fell 63.34 percent to 180 units in May.
Bharat Parenterals
The company will acquire additional around 99 lakh equity shares for Rs. 64.90 per share of Innoxel Lifesciences, a Subsidiary company of the company on a preferential basis.
PNB Housing Finance
The nomination and remuneration committee of the company approved a grant of Rs 10 each to certain eligible employees under PNB Housing Restricted Stock Unit Scheme 2020.
Adani Power
The company was allotted 50 lakh equity shares of Rs 10 by Mirzapur Thermal Energy U.P. Private Limited on preferential basis. Post this, Adani Power will have a 99.8 percent stake in Mirzapur Thermal Energy.
KP Green Engineering Limited
The company has confirmed new orders from multiple clients amounting to Rs 351.35 crores.
Bharat Heavy Electricals Limited
The company received an order from Mirzapur Thermal
Energy (UP) Private Limited for 2x800 MW thermal power project in Uttar Pradesh.
Kalpataru Projects
The company's board will meet on June 10 to approve raising of funds by way of issuance of Non-Convertible Debentures on private placement basis.
Heritage Foods
The company launched a new range of pure ghee laddus under the brand name 'Truly Good'.
Bulk deals
Ohana India Growth Fund bought a 1.87 percent stake in Apollo Pipes. Promoter Meenakshi Gupta sold a 2.37 percent stake in Apollo Pipes.
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