Stocks To Watch: Cipla, RBL Bank, Bajaj Finance, RVNL, Aster DM Healthcare And More

Cipla: The promoters aim to raise Rs 2,000 crore through share sales. Samana and Rumana Hamied plan to sell approximately 1.4 crore shares on Monday, with the floor price set at Rs 1,442 per share.

Aster DM Healthcare: The company and Blackstone- and TPG-backed Quality Care India Ltd. will merge through a share-swap agreement to become India's number 3 hospital operator. Based on the agreed swap ratio, Aster shareholders will hold 57.3%, and QCIL shareholders will hold 42.7% in the merged entity, which will be named Aster DM Quality Care Ltd. and led by the Moopen family.

RBL Bank: The bank and Bajaj Finance have mutually agreed to discontinue the issuance of new co-branded cards. However, the existing co-branded cards issued to date will continue to function as usual without any changes.

Rail Vikas Nigam: The company has emerged as the lowest bidder from PSCL for infra projects worth Rs 643 crore in Punjab.

KEC International: The company has secured Rs 1,040 crore order in its transmission and distribution business in the international markets.

Reliance Infrastructure: The company arm Reliance Velocity incorporated subsidiaries Reliance Perfect EV and Reliance Pure EV.

UltraTech Cement: The company has completed debottlenecking at its integrated unit in Chhattisgarh, increasing its capacity by 0.6 MTPA to 3.3 MTPA. With this addition, the company’s total cement capacity, including overseas capacity, now stands at 156.66 MTPA.

Dixon Technologies (India): The company's arm, Padget Electronics, has entered into a contract manufacturing agreement with Compal Smart Device India for the production of mobile phones. Under this agreement, Padget Electronics and Compal will begin mass production of Google Pixel.

Coal India: The board has approved an increase in the add-on price of coal for the Rajmahal area of Eastern Coalfields, raising it to Rs 700 per tonne from Rs 450 per tonne, effective from Nov. 30. As a result, the company’s arm, Eastern Coalfields, is expected to generate approximately Rs 300 crore in additional annual revenue.

Inox Green Energy Services: The company divested an entire stake in arm Nani Virani Wind Energy to IGREL Renewables.