Stocks in news: Titan, RIL, Puravankara, Bank of Baroda, Biocon
Titan
Titan Co has clocked 20% year-on-year growth in its revenues for the second quarter ended September 2023. A total of 81 stores were added in this period, taking the group’s retail presence to 2,859 stores.
PB Fintech
Japanese tech giant SoftBank has offloaded partial stake in PB Fintech through block deals on Friday.
SoftBank, through its vision fund, has sold 1.14 lakh shares or 2.5% stake in the company.
KPI Green
KPI Green Energy has received new orders aggregating to 4.20 MW for executing solar power projects under the ‘Captive Power Producer (CPP)’ segment of the company.
Adani Green
Adani Solar Energy Jaisalmer, a wholly-owned step down subsidiary of Adani Green Energy has progressively completed the commissioning of an entire 150 MW solar power project at Bikaner, Rajasthan.
Read more: Here's the trade setup for today's session
RIL
RIL arm Reliance Retail announced that Abu Dhabi Investment Authority (ADIA) will invest Rs 4,966.80 crore for a 0.6% stake in the retail major.
Puravankara
Puravankara said a search by the Income Tax Department was carried out at the registered office and other premises of the company.
Bank of Baroda
Total advances of the bank grew 17% YoY and 3% QoQ to Rs 10.25 lakh crore at the end of September quarter.
Biocon
Biocon announced the signing of a partnership agreement with Juno Pharmaceuticals, a specialty pharmaceutical company in Canada, for the commercialization of its vertically integrated, complex formulation, Liraglutide, a drug-device combination for the treatment and management of Type 2 diabetes and obesity.
Metropolis Healthcare
The company said it has reported a strong Q2FY24 with early double digit growth YoY for its core business and also witnessed
