Stock Market Latest Updates

23-08-2022

Stock market updates that will help you chose the stocks

NTPC Ltd

The PSU announced on Monday that the first part capacity of 10 MW PV Project at Gandhar, Gujarat has been declared on commercial operation with effect from August 23.

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IIFL Finance Ltd

IIFL Home Finance's board of directors approved the allotment of its 53,76,457 equity shares to a subsidiary of Abu Dhabi investment Authority for Rs. 2200 crores

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Infosys Ltd

Company has reduced the variable pay for its employees to project its margins. It has been reduced to 70% for the June quarter due to margin pressure.

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TVS Electronics Ltd

The company is set to foray into mobile POS software solutions and authentication solution space with acquisition of operation of GTID Solution Development for Rs. 2.25 Crores.

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RBL Bank Ltd

The board approved raising up to Rs. 3000 crores through issuance of debt security. It has also offloaded its shares in Kilbum Engineering Ltd to 1.02%

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GAIL(India) LTd

The natural gas company has appointed Ayush Gupta as the executive director of the company with effect from August 22.

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Bank of Barida

The board has approved raising capital by way of issuance of Basell  Tier 1 bonds. It is expected to raise Rs. 2500 crores.

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Lemon Tree Hotels Ltd

The hotel chain company has signed a license agreement for 65 room hotel at Hubli, Karnataka. Hotel is expected to be operational by May 2023.

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Disclaimer

All the information here is only for the education purpose. We are not responsible for any kind of profit/loss. Kindly consult your financial advisor before trading.