Latest news with #BarhSuperThermalPowerProject
News18
3 days ago
- Business
- News18
Stocks To Watch: Torrent Power, Asian Paints, ICICI Bank, HCL Tech, NTPC, And Others
Last Updated: Stocks to watch: Shares of firms like Torrent Power, Asian Paints, ICICI Bank, HCL Tech, NTPC, and others will be in focus on Friday's trade Stocks to Watch on June 13: Indian markets closed lower on the weekly expiry day, slipping more than 1% after a brief period of consolidation. On June 13, several stocks are expected to be in focus based on key corporate developments and market movements. Torrent Power Ahmedabad-based Torrent Power announced that its wholly owned subsidiary, Torrent Green Energy, has secured a 300 MW wind power project from the Solar Energy Corporation of India (SECI). ICICI Bank ICICI Bank stated that the Reserve Bank of India (RBI) has approved the reappointment of Rakesh Jha as the bank's Executive Director for a term of two years, starting September 2, 2025. Asian Paints Around 3.5 crore equity shares of Asian Paints, held by Reliance Industries Ltd (RIL) through Siddhant Commercials Ltd, were sold at a price of Rs 2,201 per share. After this sale, Siddhant Commercials retains 87 lakh shares in the company. DCM Shriram DCM Shriram informed that its board has approved the 100% acquisition of Hindusthan Specialty Chemicals, a strategic move to expand its specialty chemicals portfolio. HCL Technologies has been selected as a key strategic engineering services partner by Swedish luxury carmaker Volvo Cars, strengthening its global automotive service portfolio. NTPC NTPC Ltd reported that Unit-3 (660 MW) of its Barh Super Thermal Power Project (Stage-1) has successfully completed its trial run, a step closer to full operational status. Canara Bank The board of Canara Bank has approved a capital raising plan of up to Rs 9,500 crore through bonds during the financial year 2025–26. CSB Bank CSB Bank announced that the RBI has approved the reappointment of Pralay Mondal as Managing Director and CEO for another three-year term, starting from September 15, 2025. Capri Global Capital Capri Global Capital, a non-banking financial company, said it has raised Rs 2,000 crore through a Qualified Institutions Placement (QIP), strengthening its financial position and enabling future growth. Disclaimer:Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. First Published: June 13, 2025, 08:34 IST
India Today
3 days ago
- Business
- India Today
Stocks to watch on June 13: Tata Group, RIL, HCL, Asian Paints, ICRA, ICICI Bank
Stock markets may remain under pressure on Friday, June 13, after a sharp fall in the previous session. The drop was mainly due to rising geopolitical tension in the Middle East and ongoing uncertainty over trade talks between the United States and news of Israel's attack on Iran has added to investor concerns and could weigh further on Dalal are the key stocks that will be in focus today:TATA GROUP STOCKSShares of several Tata Group companies such as Tata Motors, Tata Steel and Tata Chemicals are expected to remain in the comes after a tragic incident involving an Air India flight. Air India Flight AI171, which was carrying 242 people, crashed in Ahmedabad shortly after airline's parent company, Tata Group, has announced Rs 1 crore compensation for the families of those who lost their lives. They have also committed to covering full medical expenses for the injured and to help rebuild the affected medical college's infrastructure. This could have an impact on investor sentiment linked to the group's PAINTS AND RELIANCE INDUSTRIESReliance Industries has sold 3.50 crore equity shares of Asian Paints through its associate company Siddhant Commercials Limited. The shares were sold at Rs 2,201 each. After this deal, Siddhant Commercials still holds 87 lakh equity shares in Asian Paints. This large transaction could lead to some movement in both stocks power producer NTPC said that Unit-3 (660 MW) of the Barh Super Thermal Power Project, Stage-1, has completed its trial run. The unit has now been added to NTPC's installed capacity. With this, NTPC's total standalone capacity stands at 60,926 MW, while its total group capacity is now 82,028 MW. The completion of this project is likely to improve NTPC's power generation capacity in the near GROUP COMPANIESThe Bhartia family, which promotes the Jubilant Group, is expected to sell small stakes in its listed companies. According to a report by CNBC-Awaaz, the family plans to sell 1.32 crore shares of Jubilant FoodWorks, 56 lakh shares of Jubilant Pharmova, and 1.2 crore shares of Jubilant Ingrevia through block deals. These deals may affect the stock prices of these companies during the trading BANKICICI Bank has received approval from the Reserve Bank of India for the reappointment of Rakesh Jha as Executive Director. His new term will begin on September 2 and last for two years. The confirmation of his reappointment brings clarity to the bank's BANKCanara Bank's board has approved a plan to raise up to Rs 9,500 crore through bonds in the financial year 2025–26. The fundraising will help the bank strengthen its capital position and meet future business services major HCLTech announced that it has been selected as one of the key engineering service providers by Volvo Cars. The company will work with Volvo from its Centre of Excellence in Gothenburg, as well as its global delivery centres. This partnership is likely to give a boost to HCLTech's position in the automotive engineering POWERTorrent Green Energy, a fully owned subsidiary of Torrent Power, has received a Letter of Award from the Solar Energy Corporation of India (SECI). The award is for setting up a 300 MW wind power project under Wind project must be completed within 24 months from the signing of the power purchase agreement (PPA). The expected investment in the project is about Rs 2,650 crore. This move will help Torrent Power expand its renewable energy agency ICRA has announced that it will acquire Bengaluru-based Fintellix, a company that offers risk and reporting solutions. ICRA will buy 100% of Fintellix for $26 million (in rupee equivalent), through a secondary purchase. The deal is subject to certain adjustments and terms under the Share Purchase Agreement. The acquisition is expected to support ICRA's growth in the technology-based financial services sector. advertisement
Mint
3 days ago
- Business
- Mint
Stocks to watch: Torrent Power, Asian Paints, RIL, HCL Tech among shares in focus today amid Israel-Iran conflict
Ahmedabad-based Torrent Power announced that its fully-owned subsidiary, Torrent Green Energy, has been awarded a 300 MW wind power project by the Solar Energy Corporation of India (SECI). ICICI Bank announced that the Reserve Bank of India has approved the reappointment of Rakesh Jha as the bank's Executive Director for a two-year term, starting from September 2. Approximately 3.5 crore equity shares of Asian Paints, held by Reliance Industries Limited through Siddhant Commercials Limited, were sold today at a price of ₹ 2,201 per share. Following the sale, Siddhant Commercials is left with a remaining holding of 87 lakh equity shares in Asian Paints. DCM Shriram announced that its board has given the green light to acquire the entire 100% stake in Hindusthan Specialty Chemicals. Chiswick Investment Pte. Ltd, an affiliate of Singapore's sovereign wealth fund GIC, initiated a block deal on Thursday (June 12) to divest a 3.6% stake in Genus Power Infrastructures, with the possibility of increasing the sale by an additional 2.28%. On Thursday, Swedish luxury automaker Volvo Cars named HCL Tech as one of its key strategic partners for engineering services. NTPC notified the stock exchanges that Unit-3 (660 MW) of the Barh Super Thermal Power Project, Stage-1 (3x660 MW), has successfully completed its trial run. Canara Bank's board has given the green light to a capital raising plan of up to ₹ 9,500 crore through bonds for the financial year 2025–26. A private sector bank stated that the Reserve Bank of India (RBI) has given its approval for the reappointment of Pralay Mondal as the bank's managing director and CEO for an additional three-year term, starting from September 15, 2025. The non-banking financial company announced that it has secured ₹ 2,000 crore by way of a Qualified Institutions Placement (QIP). Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
