Today, several major stocks are in focus, including UPL, SBI Life Insurance, ONGC, NTPC, and Shree Cement. UPL announced a significant investment of $53.85 million by its subsidiary, UPL Holdings Brazil, increasing its stake in Sinova Inovações Agrícolas S.A. to 49.97%. SBI Life Insurance appointed Dorababu Daparti as its new Deputy CEO to strengthen its leadership. Meanwhile, ONGC will invest Rs 1,200 crore in ONGC Green (OGL) through a rights issue to acquire a 100% stake in PTC Energy, marking a move towards green energy. NTPC and its subsidiary NTPC Green Energy signed MoUs with the Madhya Pradesh government for over Rs 2 lakh crore in renewable energy projects. Finally, Shree Cement faces a GST demand order of Rs 41.1 crore related to valuation and excess ITC claimed, which could affect its financials.
first published: Feb 25, 2025 09:42 am
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