Market Commentary     26-Sep-23
Stock Alert
Tata Steel, Delta Corp, M&M, Wipro in spotlight

Tata Steel: Ratings agency Moody's upgraded the corporate family rating of Tata Steel from 'Ba1' Positive to 'Baa3' Stable and changed the outlook to stable from positive.

Delta Corp: Ashish Rameshchandra Kacholia sold 15 lakh shares (0.56%) for Rs 144.65 each.

Indiabulls Real Estate: Creditcorp Investment Advisors sold 30.95 lakh shares (0.57%) for Rs 85.38 each.

Mahindra & Mahindra: Canada's Ontario will buy a 20% stake in company unit Mahindra Teqo for Rs 35 crore. The stake sale will be completed by 3 January 2024.

Wipro: The company sold a 14.02-acre land parcel and building in Chennai to Casagrand Bizpark for Rs 266.38 crore.

HDFC Asset Management Company (HDFC AMC): The company will invest Rs 25 crore in unit HDFC AMC International to help it meet the net worth requirements prescribed for Registered Fund Management Entity (Retail) under IFSC rules.

Mankind Pharma: The commercial operations with respect to pharmaceutical formulations has commenced at the company's newly set-up plant in Udaipur, Rajasthan with effect from 25 September 2023.

Kalpataru Projects International: The company will raise Rs 150 crore via NCDs through private placement.

Previous News
  Delta Corp gains as Q4 PAT zooms 127% YoY to Rs 165 cr
 ( Hot Pursuit - 23-Apr-25   10:12 )
  Board of Delta Corp recommends final dividend
 ( Corporate News - 23-Apr-25   09:16 )
  Delta Corp consolidated net profit rises 127.26% in the March 2025 quarter
 ( Results - Announcements 23-Apr-25   07:28 )
  Jindal Steel & Power Ltd Spikes 1.88%, BSE Metal index Rises 1.21%
 ( Hot Pursuit - 22-Apr-25   09:30 )
  Delta Corp announces board meeting date
 ( Corporate News - 15-Apr-25   10:13 )
  Vedanta Ltd Spurts 3.79%, BSE Metal index Rises 2.67%
 ( Hot Pursuit - 11-Apr-25   09:30 )
  Tata Steel Ltd Spikes 4.98%, BSE Metal index Rises 3.22%
 ( Hot Pursuit - 08-Apr-25   09:30 )
  Tata Steel slumps as production slides 3% QoQ to 5.51 MT in Q4 FY25
 ( Hot Pursuit - 07-Apr-25   15:22 )
  Tata Steel Ltd Slips 9.97%, BSE Metal index Shed 7.22%
 ( Hot Pursuit - 07-Apr-25   09:30 )
  NECC soars on winning contract from Tata Steel
 ( Hot Pursuit - 28-Mar-25   13:04 )
  Kalpataru Projects International wins orders worth Rs 2,366 cr
 ( Corporate News - 25-Mar-25   12:23 )
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