Stocks in news: ITC, SBI, Kfin Tech, Vedanta, Muthoot Capital
economictimes.indiatimes.comITC, SBI, Kfin Tech, Vedanta, Muthoot Capital among others will be in focus due to various news developments.
Kfin Tech
Kotak Mahindra Bank has sold 2% stake in KFin Technologies through the open market for Rs 208 crore.
ITC
Debt-ridden cigarette seller British American Tobacco (BAT) announced that it will sell 3.5% stake in Kolkata-based FMCG firm ITC Ltd through a block deal.
Read more: Here's the trade setup for today's session
Vedanta
Market regulator Sebi has ordered Vedanta India to pay Rs 77.62 crore to Cairn UK Holdings for delayed dividend payout.
Muthoot Capital
evfin has partnered with Muthoot Capital to expand electric two-wheeler financing across India.
Aurobindo Pharma
Aurobindo Pharma said Eugia Pharma has started distribution of aseptic products manufactured at Unit III, that was temporarily stopped. It also expects to start commercial production from the aseptic lines of the said facility in a phased manner beginning next week and to re-start all the lines by April 15, 2024.
Sanghi Industries
Ambuja Cements to sell up to 2% equity stake in Sanghi Cements to ensure compliance with shareholding norms.
SBI
The State Bank of India (SBI) has submitted the details of electoral bonds to Election Commission of India, PTI reported citing sources.
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