Market Commentary     25-Feb-25
Stock Alert
Stock Alert: ONGC, Torrent Power, Nazara Tech, Cosmo First, Biocon
Securities in F&O Ban:

Chambal Fertilisers & Chemicals and Manappuram Finance shares are banned from F&O trading on 25 February 2025.

Stocks to Watch:

Oil & Natural Gas Corporation (ONGC) intends to invest Rs 1,200 crore in subsidiary, ONGC Green via rights issue subscription.

Torrent Power’s subsidiary, Torrent Green Energy incorporates Torrent Urja32 as a wholly owned subsidiary.

Cosmo First’s subsidiary, Cosmo Specialty Chemicals has launched its innovative range of Oil and Grease Resistant (OGR) barrier coatings. These advanced solutions offer sustainable alternatives to traditional polyethylene coatings, addressing growing environmental concerns while maintaining superior performance.

Biocon’s subsidiary, Biocon Biologics announced that YESINTEK (ustekinumab-kfce) is now available to patients in the United States, and is one of the first Stelara (ustekinumab) biosimilar market entrants in the country.

Nazara Technologies acquired 6,51,204 equity shares of Rs 10 each representing 38.57% of Funky Monkeys, from its existing shareholders against payment of cash consideration of Rs 28.7 crore.

Texmaco Rail & Engineering has entered into a strategic Memorandum of Understanding (MoU) with Nevomo to cater to India and beyond for work in high-speed rail solutions & predictive track maintenance.

Previous News
  Nazara Technologies Ltd up for third consecutive session
 ( Hot Pursuit - 24-Apr-25   13:05 )
  Biocon’s board OKs to raise Rs 4,500-cr
 ( Hot Pursuit - 24-Apr-25   08:11 )
  Board of Biocon approves fund raising up to Rs 4,500 cr
 ( Corporate News - 23-Apr-25   20:05 )
  Biocon to consider fund Raising
 ( Corporate News - 21-Apr-25   09:37 )
  Biocon surges on U.S. deal for Eylea copycat drug
 ( Hot Pursuit - 15-Apr-25   09:58 )
  Biocon Biologics inks a settlement and license agreement with Regeneron
 ( Corporate News - 15-Apr-25   09:29 )
  Biocon Biologics receives USFDA approval for Jobevne™ (Biosimilar Bevacizumab)
 ( Corporate News - 10-Apr-25   13:25 )
  Biocon unit gets U.S. FDA nod for cancer drug biosimilar
 ( Hot Pursuit - 10-Apr-25   11:07 )
  Nazara Technologies announces incorporation of subsidiary in US
 ( Corporate News - 09-Apr-25   15:26 )
  Board of Biocon approves CP issuance of Rs 600 cr
 ( Corporate News - 05-Apr-25   14:34 )
  Deep Industries commences production enhancement ops for mature fields at Rajahmundry Asset
 ( Corporate News - 03-Apr-25   19:40 )
Other Stories
  Stock Alert: Trent, Hexaware Tech, IndusInd Bank, UCO Bank, Central Bank of India
  29-Apr-25   08:32
  Stock Alert: Reliance Industries, Kamat Hotels, Oracle Financial Services Software, Force Motors, Ultratech Cement
  28-Apr-25   08:45
  Stock Alert: Axis Bank, Tech Mahindra, Macrotech Developers, Reliance Industries,
  25-Apr-25   08:30
  Stock Alert: Bajaj Housing Finance, Tata Consumer Products, LTIMindtree, Axis Bank, Bajaj Finance
  24-Apr-25   08:30
  Stock Alert: HCL Tech, Waaree Energies, AU Small Finance Bank, Tata Comm, Tata Consumer Products
  23-Apr-25   08:20
  Stock Alert: HCL Tech, Mahindra Logistics, Anant Raj, Himadri Speciality Chemical, Tata Investment Corp
  22-Apr-25   08:29
  Stock Alert: Infosys, Jio Financial Services, Just Dial, Tata Elxsi, HDFC Bank, ICICI Bank
  21-Apr-25   08:22
  Stock Alert: Wipro, Angel One, Waaree Renewable Tech, Infosys, BHEL
  17-Apr-25   08:35
  Stock Alert: IREDA, Wipro, Swiggy, Lemon Tree Hotels, Dabur India, Angel One
  16-Apr-25   08:35
  Stock Alert: Ircon Intl, Sula Vineyards, Ashiana Housing, NCL Inds, Orient Cement, Aurobindo Pharma
  15-Apr-25   08:29
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