Stocks To Watchout Today That May Give Potent Returns

ITC

British American Tobacco, the largest public shareholder, initiates a block trade to divest up to 3.5% stake valued at over Rs 17,482 crore.

Vedanta

The Securities Exchange Board of India (SEBI) directs the company to compensate Scottish explorer Cairn with Rs 77.62 crore for dividend payment delays and prohibits its entire board from accessing the capital market.

Aurobindo Pharma

Eugia Pharma resumes aseptic product distribution and plans to commence commercial production from aseptic lines in a phased manner from next week.

Glenmark Pharma

The company concludes the transfer of the remaining 20% stake in Glenmark Life Sciences to Nirma.

Shree Cement

An asset purchase agreement with Starcrete LLP is inked by the company to acquire five ready-mix concrete plants in Maharashtra for Rs 33.5 crore.

SRF

A wholly owned subsidiary, SRF Middle East, is established in Dubai by the company for trading in refrigerant gases.

Oriental Rail Infrastructure

An order worth Rs. 1,249 crore is secured by the company from the Ministry of Railways for the manufacturing and supply of 3,055 BOXNHL wagons.

Ramco Cements

The Gati Shakti Cargo Terminal project in Andhra Pradesh is inaugurated by the company to transport crushed limestone via railway wagons from mines in Budawada to the integrated cement plant in Jayanthipuram.

Allcargo Logistics

LCL volume for February rises by 7% YoY and FCL volume increases by 5% YoY.

Muthoot Capital

Collaboration is established with Greaves Cotton unit Greaves Finance for 100% EV-focused lending platform evfin, facilitating electric two-wheeler financing across India.