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    HomeNewsBusinessStocksStock Radar: NBCC, Nazara Tech, Yatra and Adani Ports to be in focus on Thursday

    Stock Radar: NBCC, Nazara Tech, Yatra and Adani Ports to be in focus on Thursday

    NBCC, Nazara Tech, Yatra and Adani Ports, and others to be in focus on Thursday.

    Moneycontrol News
    September 11, 2024 / 22:30 IST
    Here’s a quick look at stocks likely to be in focus in Wednesday's trade, covering quarterly earnings, order wins, and acquisitions announced by companies after market hours on Wednesday: NBCC Memorandum of Understanding (MoU) has been signed between NBCC (India) Limited and Mahanagar Telephone Nigam Limited (MTNL) to collaborate to develop a prominent Land Parcel of MTNL in New Delhi. The Project is valued at approximately Rs. 1,600 crores. SBI The bank has informed the exchanges that Bank SBI Indonesia (BSBII), the overseas Banking subsidiary of State Bank of India in Indonesia (SBI holding of 99.56 percent stake) has proposed to issue preference shares to PT Bank KEB Hana, Indonesia for the purpose of Regulatory compliance of meeting minimum 1 percent of local shareholding requirement. Hazoor Multi Projects Limited The company has been awarded a work order from National Highways Authority of India for acting as user fee collection agency at Mulawad FP for widening to 2 lanes with paved shoulders from 4.4 km to 56 km of NH218 Bijapur Hubli section in the state of Karnataka. The value of awarded project is Rs.2.59 crores. Max Healthcare The Board of Directors of ET Planners Private Limited, a step down wholly-owned subsidiary of the company, approved voluntary liquidation of ET Planners for consolidation of its business with its immediate holding company (Alps Hospital Limited) which is a wholly-owned subsidiary of Max Healthcare. HPCL The company board has approved two projects. The Rs 2,212 crore Visakh Raipur Pipeline Project which will build a pipeline from Visakh to Raipur and a depot at Kantabanji, aiding product movement from the Visakh Refinery and The Visakh Refinery Modernization Project's cost was revised to Rs 30,609 crore, with completion set for October 2024. Adani Ports and Special Economic Zone Ltd (APSEZ) The company has signed a concession agreement with Deendayal Port Authority (DPA) to develop Berth No. 13 at Kandla, Gujarat. A new subsidiary, DPA Container and Clean Cargo Terminal Limited, will handle operations. APSEZ received the LOI in July 2024 for a 30-year concession to develop and operate the berth under the DBFOT model. The 300m berth, with a 5.7 MMT annual capacity, is expected to be commissioned by FY27. Wipro The company has informed the exchanges that it is helping JFK International Air Terminal (JFKIAT) develop a cloud data strategy using Microsoft's Azure Data Platform. The three-year project, launched in 2023, aims to improve passenger queuing, optimize staffing, consolidate safety data, and track sustainability metrics. Nazara Technologies The company has announced an acquisition of 15.86 percent stake in GetStan Technologies Pte. Ltd which is an esports community platform in India. Nazara will purchase the stake in STAN for Rs 18.4 crore in an all-cash secondary transaction. Ramkrishna Forgings The company has sold its 100 percent equity stake in Globe All India Services Limited to Yatra Online Limited for Rs 128 crore, net of debt, as per the SPA terms.

    Representational Image


    Here’s a quick look at stocks likely to be in focus in Thursday's trade, covering quarterly earnings, order wins, and acquisitions announced by companies after market hours on Wednesday:

    NBCC
    Memorandum of Understanding (MoU) has been signed between NBCC (India) Limited and Mahanagar Telephone Nigam Limited (MTNL) to collaborate to develop a prominent Land Parcel of MTNL in New Delhi. The Project is valued at approximately Rs. 1,600 crores.

    SBI
    The bank has informed the exchanges that Bank SBI Indonesia (BSBII), the overseas Banking subsidiary of State Bank of India in Indonesia (SBI holding of 99.56 percent stake) has proposed to issue preference shares to PT Bank KEB Hana, Indonesia for the purpose of Regulatory compliance of meeting minimum 1 percent of local shareholding requirement.

    Hazoor Multi Projects Limited
    The company has  been awarded a work order from National Highways Authority of India for acting as user fee collection agency at Mulawad FP for widening to 2 lanes with paved shoulders from  4.4 km to 56 km of NH218 Bijapur Hubli section in the state of Karnataka. The value of awarded project is Rs.2.59 crores.

    Max Healthcare
    The Board of Directors of ET Planners Private Limited, a step down wholly-owned subsidiary of the company, approved voluntary liquidation of ET Planners for consolidation of its business with its immediate holding company  (Alps Hospital Limited) which is a wholly-owned subsidiary of Max Healthcare.

    Related stories

    HPCL

    The company board has approved two projects. The Rs 2,212 crore Visakh Raipur Pipeline Project which will build a pipeline from Visakh to Raipur and a depot at Kantabanji, aiding product movement from the Visakh Refinery and The Visakh Refinery Modernization Project's cost was revised to Rs 30,609 crore, with completion set for October 2024.

    Adani Ports and Special Economic Zone Ltd (APSEZ)

    The company has signed a concession agreement with Deendayal Port Authority (DPA) to develop Berth No. 13 at Kandla, Gujarat. A new subsidiary, DPA Container and Clean Cargo Terminal Limited, will handle operations. APSEZ received the LOI in July 2024 for a 30-year concession to develop and operate the berth under the DBFOT model. The 300m berth, with a 5.7 MMT annual capacity, is expected to be commissioned by FY27.

    Wipro

    The company has informed the exchanges that it is helping JFK International Air Terminal (JFKIAT) develop a cloud data strategy using Microsoft's Azure Data Platform. The three-year project, launched in 2023, aims to improve passenger queuing, optimize staffing, consolidate safety data, and track sustainability metrics.

    Nazara Technologies

    The company has announced an acquisition of 15.86 percent stake in GetStan Technologies Pte. Ltd which is an esports community platform in India. Nazara will purchase the stake in STAN for Rs 18.4 crore in an all-cash secondary transaction.

    Ramkrishna Forgings
    The company has sold its 100 percent equity stake in Globe All India Services Limited to Yatra Online Limited for Rs 128 crore, net of debt, as per the SPA terms.

    GE T&D India

    The company has received of order from Grid Solutions for supply and supervision of high voltage products.

    Sonalis Consumer Products

    The company has announced to raise funds via preferential allotment, private placement, or qualified institutional placement.

    SME IPO listing

    My Mudra Fincorp

    Mainboard listing
    Shree Tirupati Balajee

    Stocks turn ex-dividend
    Arrow Greentech Ltd, Bengal & Assam Company Ltd., Bharat Rasayan Ltd., Eldeco Housing & Industries Ltd., Excel Industries Ltd., Garware Technical Fibres Ltd, Gulshan Polyols Ltd., Haldyn Glass Ltd.-$, Industrial & Prudential Investments Co. Ltd., Mallcom (India) Ltd, Mysore Petro Chemicals Ltd.-$, Nirlon Ltd., Patels Airtemp (India) Ltd., Sicagen India Ltd., SJVN Ltd, Sree Rayalaseema Hi-Strength Hypo Ltd., V.S.T. Tillers Tractors Ltd.-$, WeP Solutions Ltd.

    Bonus issue
    Acceleratebs India Ltd, Bigbloc Construction Ltd

    Moneycontrol News
    first published: Sep 11, 2024 10:30 pm

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