Kalyani Investment Company, one of the promoter group entity of Bharat Forge, has settled a case with SEBI about the alleged violation of disclosure norms after paying ₹1.12 crore towards the settlement fee.
Stocks to watch, Whirlpool, HG Infra Engineering, Muthoot Capital Services, TVS Motor, Power & Instrumentation, Indian Bank, MMTC and more, these are the stocks to watch for today.
The agreement involves the procurement of 185 MW/370 MWH of battery energy storage capacity on a long-term basis. Shares of HG Infra Engineering Ltd ended at ₹1,468.65, up by ₹36.75, or 2.57%, on the BSE.
Foreign investors sold ₹168.71 crore worth of equities on December 23, while DIIs bought ₹2,227.68 crore. The Sensex rebounded 498 points, snapping a five-day losing streak.
Muthoot Capital announced the resignation of Thomas George Muthoot, Thomas John Muthoot and Thomas Muthoot. New appointments have been made in their place. Shares of Muthoot Capital Services Ltd ended at ₹332.50, down by ₹2.75, or 0.82%, on the BSE.
TVS Motor completes the acquisition of a 39.11% stake in DriveX, increasing its holding to 87.38%. This move aims to enhance operational efficiencies in the two-wheeler trading segment.
This move is a boost for the ‘Make in India’ initiative. Shares of Whirlpool of India Ltd ended at ₹1,851.35, down by ₹87.75, or 4.53%, on the BSE.
This move comes with Peaton Electricals securing a licence from Siemens to manufacture, assemble, and sell SIEPAN 8PU low-voltage switchboards. Shares of Power and Instrumentation (Gujarat) Ltd ended at ₹329.40, down by ₹6.60, or 1.96%, on the BSE.
In October this year, the central government had said it was likely to close down MMTC. Shares of MMTC Ltd ended at ₹72.94, down by ₹1.44, or 1.94%, on the BSE.
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