Stocks in news: Voltamp Transformers, Vedanta, Suzlon Energy, Signature Global, Sai Silks
Vedanta
Ratings agency Moody's Investors Service on Tuesday downgraded corporate family rating (CFR) of Vedanta Resources, the parent of Vedanta Ltd, to Caa2.
Voltamp Transformers
Promoter Kunjal Lalitkumar Patel has offloaded a partial stake in Voltamp Transformers through bulk deals on Tuesday.
Signature Global, Sai Silks
The shares of Signature Global and Sai Silks will debut on the exchanges today.
While Signature is likely to see a decent listing, Sai Silks debut is expected to be muted.
Read more: Here's the trade setup for today's session
REC
Power PSU REC Ltd and Punjab National Bank inked an agreement to co-finance projects in power, infrastructure and logistics projects.
Shree Renuka Sugars
The company has entered into a share purchase agreement with Anamika Sugar Mills for acquisition of 100% of the equity shares of Anamika.
Suzlon Energy
Dilip Shanghvi and Associates, who had entered into an Amended and Restated Shareholders’ agreement dated 28 February 2020 has decided to terminate the agreement.
Aditya Birla Capital
Aditya Birla Capital has invested Rs 750 crore in its wholly-owned subsidiary Aditya Birla Finance by subscribing to the share on a rights basis.
Shyam Metalics
Shyam Metalics and Energy announced its entry into the energy storage sector with battery-grade Aluminum foil, a critical component in Lithium-ion cells.
Infosys
Infosys is collaborating with Microsoft to jointly develop industry leading solutions that leverage Infosys Topaz, Azure OpenAI Service and Azure Cognitive Services.
