Stocks to Watch, 01 October: Stocks like Indian Renewable Energy Development Agency, Atlantaa, Lupin, Oil India, Adani Total Gas, RITES, Man Industries, Swan Defence, SKF India, Adani Enterprises, Newgen Software Technologies, and RateGain Travel Technologies will be in focus on October 01.
Stocks to Watch, 17 September: Stocks like Urban Company, Jindal Steel, PNC Infratech, Akzo Nobel India, RailTel Corporation of India, Coal India, Tech Mahindra, Bharat Electronics, Dev Accelerator, Amber Enterprises, NLC India, and Premier Explosives will be in focus on September 17.
Stocks to Watch, 08 Sept: Stocks like Adani Power, SpiceJet, Jaiprakash Associates, Zydus Lifesciences, Aurobindo Pharma, BHEL, HFCL, Ceigall India, ACME Solar Holdings, Prime Focus, Time Technoplast, Exxaro Tiles, and NTPC Green Energy will be in focus on September 08.
Lenders of JAL conducted a challenge process for the sale of the company under the IBC
The Committee of Creditors (CoC) meeting is scheduled on September 5. Adani Group, Dalmia Bharat, Vedanta Group, Jindal Power and PNC Infratech have submitted bids to acquire JAL.
Apart from Adani Group, Dalmia Bharat's proposal for JAL has been cleared by the regulator
The development came after Adani group reportedly made an unconditional bid for debt-ridden Jaiprakash Associates Ltd (JAL), which is undergoing corporate insolvency resolution process
Stocks to watch, 10 June: Stocks like Veedol Corporation, AstraZeneca Pharma India, Force Motors, Geojit Financial Services, Tech Mahindra, ITD Cementation India, Protean eGov Technologies, Nibe, IRB Infrastructure Developers, Jana Small Finance Bank, Capri Global Capital, and Premier Energies will be in focus on June 10.
Stocks to Watch, Mar 13: Stocks like Tata Steel, NHPC, NTPC Green Energy, Firstsource Solutions, Coromandel International, SP Apparels, Zydus Lifesciences, Jaiprakash Associates, Rollatainers, Satin Creditcare Network, and Ola Electric Mobility will be in focus on March 13.
The National Company Law Tribunal (NCLT) has directed that the resolution plans to acquire Jaiprakash Associates through the insolven..
Stocks To Watch, Jan 15: Stocks like Benares Hotels, Network18 Media and Investments,Hathway Cable & Datacom, Jammu & Kashmir Bank, Adani Green Energy, Jaiprakash Associates, Allcargo Gati, Innova Captab, Escorts Kubota, McNally Bharat Engineering, and Vedanta will be in focus on January 15.
The Interim Resolution Professional has submitted that neither the 25,000 employees nor the ongoing projects will be affected, as IRP intends to run the company as a going concern, NCLAT said
Century Textiles, Suraj Estate Developers, Wipro, IFGL Refractories, Capacite Infraprojects, MOIL, Adani Power, Bharat Forge, 3i Infotech, and Jaiprakash Associates will also be in focus on Tuesday.
Jaiprakash Associates has a principal debt of Rs 17,700 crore and a total outstanding debt of Rs 29,361 crore including interest. In all, 22 lenders have exposure to JP Associates' debt.
Secretary of the Department of Financial Services, Vivek Joshi, asked banks to move forward in declaring defaults, so that companies can move towards the resolution process.