Stocks To Watch: Escorts Kubota, Piramal Enterprises, Lupin, Eicher Motors
Sona BLW Precision Forgings Ltd., Escorts Kubota Ltd. and Piramal Enterprises Ltd. are some of the stocks that will be on the radar on Tuesday.
Sona BLW plans to purchase a land in Haryana from Escorts Kubota for Rs 110 crore, while Piramal Enterprises will consider raising up to Rs 450 crore through NCDs on Feb. 13.
Stocks To Watch
Sona BLW Precision Forgings: The company plans to purchase a land in Haryana from Escorts Kubota for Rs 110 crore.
Escorts Kubota: The company has restated its agreement with Sona BLW to amend certain terms of the initial deal for selling the Railway equipment products and parts business. A portion of the earlier order consideration of Rs 1,600 crore will be kept in escrow and released to the company in tranches.
Piramal Enterprises: The company will consider raising up to Rs 450 crore through NCDs on Feb. 13.
Dynamatic Technologies: The company has partnered with Deutsche Aircraft at Aero India 2025 to strengthen Deutsche Aircraft's supply chain resilience.
Mankind Pharma: The company has approved the sale of its entire stake in a subsidiary of Chalet Hotels for an enterprise value of Rs 530 crore.
Lupin: The company has obtained approval from the U.S. FDA for its Abbreviated New Drug Application for Ipratropium Bromide Nasal Solution.
Eicher Motors: Siddhartha Lal has been appointed as the executive chairman of the company's board. Vinod Aggarwal has been named vice chairman of Eicher Motors and will continue serving as managing director and chief executive officer of VE Commercial Vehicles. B. Govindarajan has been appointed managing director of Eicher Motors and will continue his role as chief executive officer of Royal Enfield.
Oil & Natural Gas Corp.: The company and BP have made a deal where BP will provide technical services for Mumbai High, India's largest and most productive offshore oil field.
SBFC Finance: The company has received Rs 400 crore from British International Investment to support low-income and women entrepreneurs in India.
IRB Infrastructure Developers: The company's gross toll collection has increased by 20%, reaching Rs 560 crore compared to Rs 467 crore.
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