Stocks to watch out for in todays session
Tata Power: Tata Power Solar receives EPC orders worth Rs 686 crore from NTPC to set up solar PV projects.
Ruchi Soya Industries: Ruchi Soya Industries has forayed into the nutraceuticals & wellness products segment. The company's board of directors approved the launch of 100 per cent vegetarian, preservative-free nutraceutical products to be marketed under 'Patanjali' and 'Nutrela' branding in the medical, sports, and general nutrition categories.
Persistent: Persistent Systems & IBM deepened collaboration to accelerate hybrid cloud adoption in the enterprise.
Rossari Biotech: The company has announced that its board of directors has approved the acquisition of Unitop Chemicals Private Limited. As per the agreement and subject to customary closing conditions, Rossari will be acquiring 100 per cent of the equity capital of Unitop Chemicals. The total consideration for the acquisition of a 100 per cent equity stake is Rs 421 crore. Rossari plans to fund the investment through cash on the balance sheet and doesn’t intend to raise any debt for this acquisition.
Satin Creditcare Network: UPI AutoPay debuts into the MFI segment with Satin Creditcare Network.
Wipro: Wipro and Finastra partnered to accelerate digital transformation in transaction banking.
Tanla Platforms: The company's promoter, D Tanuja Reddy has increased stake in four entities that hold 10,07,210 equity shares in Tanla Platforms. These firms will be included in the promoter group of Tanla Platforms. Accordingly, the promoter and the promoter group's shareholding in Tanla Platforms Ltd will increase from 41.56 per cent to 42.30 per cent on the existing capital base.