Moneycontrol PRO
HomeNewsPhotosBusinessStocksBuzzing Stocks | Rail Vikas Nigam, Moil, SP Apparels and others in news today

Buzzing Stocks | Rail Vikas Nigam, Moil, SP Apparels and others in news today

Stocks to Watch: Check out the companies making headlines before the opening bell.

December 28, 2022 / 06:52 IST
Representative image
1/10
SP Apparels: Ace investor Ashish Ramesh Kacholia has offloaded 1.64 lakh shares or 0.65 percent of shareholding in the company through open market transactions. This shares were sold at an average price of Rs 307.1 per share.
Hariom Pipe Industries: The company has decided to acquire operating assets of RP Metal Sections. It has entered into asset transfer agreement with RP Metal Sections, the galvanized pipe and cold roll coil manufacturer, to purchase its operating asset. This unit is spread across 13.83 acres of land in Perundurai, Tamilnadu. The transaction cost is Rs 55 crore.
2/10
Hariom Pipe Industries: The company has decided to acquire operating assets of RP Metal Sections. It has entered into asset transfer agreement with RP Metal Sections, the galvanized pipe and cold roll coil manufacturer, to purchase its operating asset. This unit is spread across 13.83 acres of land in Perundurai, Tamilnadu. The transaction cost is Rs 55 crore.
MOIL | CMP: Rs 151.55 | The scrip was down over 4 percent after the company recorded a 54.7% year-on-year fall in profit at Rs 27.3 crore for the quarter ended September FY23 impacted by lower topline as well as weak operating performance. Revenue for the quarter declined by 34.3% to Rs 236 crore and EBITDA tanked 59% to Rs 33 crore with margin falling by 12 percentage points compared to year-ago period.
3/10
MOIL: The company has received intimation from Government of India through the steel ministry appointing Ajit Kumar Saxena as chairman-cum-managing director. The appointment is till the date of his superannuation (December 31, 2025) or until further orders, whichever is earlier.
India Pesticides: Subsidiary Shalvis Specialities (SSL) has received an environmental clearance for setting up manufacturing plant of "agrochemicals & intermediates, API ingredients & intermediates and fine chemicals manufacturing unit in Sumerpur, Uttar Pradesh.
4/10
India Pesticides: Subsidiary Shalvis Specialities (SSL) has received an environmental clearance for setting up manufacturing plant of agrochemicals and intermediates, API ingredients and intermediates and fine chemicals manufacturing unit in Sumerpur, Uttar Pradesh.
Rail Vikas Nigam | CMP: Rs 63.15 | The share hit 5 percent lower circuit on December 23. Rail Vikas Nigam has received contract for 'construction of Bhesan depot cum workshop, for Surat Metro Rail Project Phase-1, DC 2, from Gujarat Metro Rail Corporation (GMRC). The total cost of project is Rs 198.93 crore.
5/10
Rail Vikas Nigam: The company has received a letter of award for appointment as project implementation agency for implementation of the UTF harbour project in Maldives. This is a strategic project of the government and the cost is pegged at Rs 1,544.60 crore.
Veritas India: Investor Swan Energy has raised its stake in Veritas India to over 40 percent, at 40.54%, from 36.40% earlier, whereas promoter Niti Nitinkumar Didwania's shareholding reduced by same percentage points to 16.96%, down from 21.1%, as per their share purchase agreement.
6/10
Veritas India: Investor Swan Energy has raised its stake in Veritas India to over 40 percent, at 40.54%, from 36.40% earlier, whereas promoter Niti Nitinkumar Didwania's shareholding reduced by same percentage points to 16.96%, down from 21.1%, as per their share purchase agreement.
Kwality Pharmaceuticals: The company has received an acknowledgement from Bulgarian Drug Agency for carrying out an inspection of its cephalosporin and oncology plant in Himachal Pradesh. The company had made an EU Compliance application to Republic of Bulgaria for carrying out an inspection of Unit II in Himachal Pradesh, and Republic of Bulgaria accepted the application for EU Audit visit.
7/10
Kwality Pharmaceuticals: The company has received an acknowledgement from Bulgarian Drug Agency for carrying out an inspection of its cephalosporin and oncology plant in Himachal Pradesh. It had made an EU Compliance application to Republic of Bulgaria for carrying out an inspection of Unit II in Himachal Pradesh, and Republic of Bulgaria accepted the application for EU Audit visit.
Indostar Capital Finance: The company said its board of directors approved an appointment of Vinod Kumar Panicker as the Chief Financial Officer with effect from December 26, 2022.
8/10
Indostar Capital Finance: The company said its board of directors approved an appointment of Vinod Kumar Panicker as the Chief Financial Officer with effect from December 26, 2022.
Representative image
9/10
Indowind Energy: The wind turbine manufacturer has decided to open its rights issue on January 27, till February 10, 2023. The rights entitlement ratio is in the proportion 2 shares for every five shares held by eligible equity shares. The rights issue price has been fixed at Rs 12 per share.
Suryoday Small Finance Bank: The Reserve Bank of India has approved the reappointment of Baskar Babu Ramachandran as the MD & CEO of Suryoday Small Finance Bank. He will be MD & CEO for another three years, with effect from January 23, 2023.
10/10
Suryoday Small Finance Bank: The Reserve Bank of India has approved the reappointment of Baskar Babu Ramachandran as the MD and CEO of Suryoday Small Finance Bank. He will be the MD and CEO for another three years, with effect from January 23, 2023.
Rakesh Patil
first published: Dec 28, 2022 06:52 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347