Stocks in news: Indigo Paints, Nucleus Software, Venus Pipes, Adani Enterprises, Godfrey Phillips
Indigo Paints, Nucleus Software, Venus Pipes, Adani Enterprises, Godfrey Phillips among others will be in focus due to various news developments.
Indigo Paints
Peak XV Partners Investments (formerly Sequoia India) is likely to sell a Rs 750-crore worth stake in Indigo Paints through a block deal, according to reports.
Adani Enterprises
Adani Enterprises has announced early closure of its public issue on Friday, September 6 against the earlier schedule of September 17.
Angel One
Brokerage firm Angel One has warned its users against a website and an instagram page which it found to be «falsely» representing themselves as affiliates of the company while soliciting investments by promising unrealistic returns.
Pidilite Industries
Leading adhesive and construction chemicals manufacturer Pidilite Industries said it has entered into an exclusive distribution agreement with CollTech Group.
Venus Pipes
Venus Pipes said the Directorate of Revenue Intelligence has conducted a search at the registered and corporate office of the company for alleged evasion of custom duty on imported goods.
Nucleus Software
Nucleus Software will buy back up to 4.48 lakh shares (1.67% equity) for Rs 72.4 crore at Rs 1,615 per share. The buyback opens on September 9 and closes on September 13.
KEC International
KEC International received orders worth Rs 1,423 crore for design, supply and installation of 380 kV transmission lines in Saudi Arabia.
Ashoka Buildcon
Ashoka Buildcon's subsidiary Viva Highways monetises Pune land for Rs 453 crore.
