Stocks in news: Adani Enterprises, Adani Ports, Coffee Day, Siemens, IRB Infra
Adani Enterprises, Adani Ports
Billionaire Gautam Adani-led promoter group has increased stake in two of the group's listed companies — Adani Enterprises and Adani Ports — as the ports-to-energy conglomerate continues to work on a claw back strategy.
IRB Infrastructure
IRB Infrastructure Developers, IRB Infrastructure Trust, have collectively reported the toll revenue of Rs 417 crore for the month of August, showing growth of 24% year-on-year.
SJVN
SJVN, through its wholly owned subsidiary SJVN Green Energy Limited (SGEL), has signed a PPA with Bhakra Beas Management Board (BBMB) for 18 MW solar power.
Read more: Here's the trade setup for today's session
Coffee Day Enterprises
An application has been filed against the company under Insolvency and Bankruptcy Code. The company said it is seeking appropriate legal advice and will take all appropriate steps to protect its interest.
Insecticides
A fire accident occured at one of the plants in Dahej.
The company is in the process of ascertaining the actual loss caused by the fire.
Ethos
Ethos has achieved a favourable outcome in its Delhi VAT matter. The orders issued by competent authority have resulted in the nullification of the total demand, which previously stood at Rs 33.76 crore.
Siemens
The company's contingent liability of Rs 106.5 crore has been reduced after Income Tax Appellate Tribunal quashed the assessment orders of income tax officer passed for FY09 and FY10 (against erstwhile Siemens Healthcare Diagnostics since amalgamated with the company) and FY15 and FY16.
IRCTC
IRCTC will arrange catering facilities in all trains booked on full tariffs.
Natco Pharma
Natco Pharma has been named a defendant along with others in an antitrust lawsuit in the US by Louisiana Health Service and
