Stocks in news: PB Fintech, ZEE, PVR Inox, KFin Tech, Mazagon Dock
stocks that will be in focus today for various reasons.
PB Fintech
Japanese multinational investment firm Softbank Group sold further stake in PB Fintech through the open market on Friday, taking home Rs 914 crore.
ZEE
Zee Entertainment has sent a letter to Sony Group Corporation requesting an extension of the cutoff to complete the merger.
Zydus Life
Zydus has received approval from USFDA to initiate Phase II clinical trial of ZYIL1 in patients with Parkinson’s disease.
Read more: Here's the trade setup for today's session
Granules India
US FDA has completed GMP inspection at Granules India’s Virginia arm with 5 observations.
KFin Technologies
Global private equity firm General Atlantic sold nearly 10% stake in KFin Technologies through the open market on Friday for Rs 851 crore.
PVR Inox
Plenty Private Equity fund through its affiliate has sold 2.1% stake in leading multiplex chain PVR Inox through bulk deals on Friday.
The transaction was done at Rs 1,753 apiece, valuing the deal at Rs 366 crore.
Mankind Pharma
The company made an investment of GBP 999,900 in Actimed Therapeutics on December 15.
United Spirits
United Spirits has received a claim amounting to Rs 365 crore from one of its existing national institutional customers.
Mazagon Dock
Mazagon Dock Shipbuilders has signed individual shipbuilding contracts with the European client for construction of three (03) units of 7,500 DWT Multi-Purpose Hybrid Powered Vessels for a value $42 million.
