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IndusInd Bank, Aarti Pharmalabs, Gensol Engineering, Power Mech Projects | Stocks on Radar

IndusInd Bank: The private sector lender is selling its MFI retail loan pool worth Rs 1,573 crore on a 100% cash basis to improve liquidity and optimize its balance sheet. Aarti Pharmalabs: Abakkus Asset Manager, led by ace investor Sunil Singhania, buys a 1.18% stake in Aarti Pharmalabs for Rs 61.52 crore, while promoters sell 1.1% stake for Rs 57.5 crore. Gensol Engineering: Secures a contract worth Rs 897.47 crore from NTPC Renewable Energy to develop 225MW solar PV projects in Gujarat. Power Mech Projects: Bags an order worth Rs 186 crore from Jaiprakash Power Ventures to provide operation and maintenance services for Jaypee Nigrie Super Thermal Power Plant. Jubilant FoodWorks: Signs an MoU with Coca-Cola India to buy its portfolio of sparkling beverage products and certain other products, also undertaking marketing activities.

Moneycontrol News
December 27, 2024 / 08:44 IST
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TAGS: #Aarti Pharmalabs #asset management #block deal #Coca-Cola India #corporate deals #Gensol Engineering #IndusInd Bank #investment news #Jubilant Foodworks #Microfinance #money control #Moneycontrol #Moneycontrol Live #Moneycontrol News #Moneycontrol Pro #MoU #NTPC #Power Mech Projects #solar PV projects
first published: Dec 27, 2024 08:44 am

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