Stocks in news: Ranbaxy, Mangalore Chemicals, Mastek, SAIL

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26 Aug, 2025 12:21

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Here are stocks that are in news today:

Mangalore Chemicals (CMP Rs 86): Open offer-Adventz Group makes fresh open offer for Mangalore Chemicals-Adventz arms Zuari Fertilizer, Zuari Agro announce fresh open offer-Zuari to make open offer for 25.90 percent stake at Rs 91.92/share-Total size of open offer at Rs 282.19 crore-UB Group companies not part of the open offerAlert: UB Group companies were part of 1st open offer that ended in OctoberAlert: Deepak Fertilizer's competing open offer acquired 5.94 percent in OctoberAlert: Zuari holds 16.4 percent stake, UB Group hold 22 percent stake, Deepak Fertilizer holds 32 percent stake in Mangalore Chemicals

Ahluwalia Contracts-Board meet today to consider allotment of 42.3 lakh shares on pref basis at Rs 118/share to promoters-Promoters include Mr Bikramjit Ahluwalia and Mrs Sudershan Walia.

Reliance Communications-Ericsson bags 7-year deal from the company-Deal likely to be over USD 1 billion-Ericsson to manage the network of Reliance Communications across 11 service areas

NMDC-Cuts December iron ore lumps prices by Rs 200 to Rs 4,200/million tonne-Cuts December iron ore fines prices by Rs 100 to Rs 3,060/mt-April-November total production at 19.08 mt versus 17.34 mt (YoY)-April-November total sales at 19.88 mt versus 18.46 mt (YoY)

SAIL says government fixes floor price for offer for sale (OFS) at Rs 83/share-Government to divest 20.6 crore shares (5 percent equity) in SAIL via OFS-SAIL OFS floor price set at 2.6 percent discount to Thursday's closing price of Rs 85.25-5 percent discount to retail investors in SAIL OFS Ashiana Housing says-To develop project with saleable area of 9.7 lakh square feet in Chennai-To develop Chennai project in JV with Arihant Housing's arm

Government gets electronics manufacturing proposals worth Rs 15,000 crore: Govt sources-More than 50 proposals received since launch of Digital India-Received proposals from Panasonic, Continental, Bosch, Samsung-Received proposal from Motherson Sumi, Sonic, Tata Power-Seeing interest in automotive electronics, consumer appliances-Seeing interest in strategic electronics-Given in-principle approval for setting up 10 electronics clusters-To invest Rs 5,000 crore on electronic clusters infrastructure via PPP

Other stocks and sectors that are in news today:-Railway minister Suresh Prabhu to meet investors today (Kalindee Rail/Texmaco Rail/Titagarh Wagons in focus)-German ban on Ranbaxy's Dewas product expands to entire EU: PTI-Government to approach RBI to prepare security plans of banks, ATMs-Promoters of Varun Industries on the run to avoid arrest: TOI-AAI puts SpiceJet on cash & carry: TOI-Tanla Solutions leverages Vodafone’s network for A2P messaging-Atul board meet today to consider merger of Amal (a sick company registered with BIFR) with self-Dena Bank plans to offload around Rs 500 crore NPAs to asset reconstruction companies in Q4: Reports-Monte Carlo IPO closes today; oversubscribed 1.71 times-Axis Bank raises Rs 5,705 crore in infra bonds-Mastek signs contract with UK financial company Unum-Department of Telecommunications selects mjunction services for conducting spectrum auction-RBI says NRIs/PIOs can now invest up to 24 percent in Selan Exploration Tech