Housing & Urban Development Corp., Paras Defence and Space Technologies Ltd. and Waaree Energies Ltd. are some stocks that will be on the radar on Thursday.
Hudco signed a memorandum of understanding with Vadhavan Port project to explore and provide funds up to Rs 25,000 crore for the development of new ports.
Paras Defence signed a memorandum of understanding with the Maharashtra government to invest around Rs 12,000 crore for a proposed Optics Park project over next 10 years.
Stocks To Watch
Hudco: The company signed a memorandum of understanding with the Vadhavan Port project to explore and provide funds up to Rs 25,000 crore for the development of new ports.
Paras Defence: The aerospace and defence company signed a memorandum of understanding with the Maharashtra government to invest around Rs 12,000 crore for a proposed Optics Park project over the next 10 years.
MAS Financial Services: The company is to consider investment in arm Rural Housing and Mortgage.
Waaree Energies: The company's arm, Waaree Solar Americas, commences commercial production of 1.6 GW Solar Module line in the US.
Mazagon Dock Shipbuilders: The Navratna company clarified that there was no contract signed between them and Jawaharlal Nehru Port Authority, as was erroneously reported by the media.
Balmer Lawrie & Co: The steelmaker issued an undertaking in favour of PFC for infusing funds for meeting the shortfall in debt servicing of loan facility.
Zydus Lifesciences: The pharmaceutical company announced the USFDA orphan drug designation to Usnoflast for the treatment of amyotrophic lateral sclerosis.
Agro Tech Foods: The CCI approved the proposed acquisition of Del Monte Foods.
Bharat Petroleum Corp: The board approved the submission of the development plan to the Indonesian regulator. An estimated investment of $121 million would commence once the development plan for the Nunukan Block, aimed at exploring oil and gas reserves, gets approved.
Laurus Labs: The US FDA issued a form 483 with one observation to the company's US-based arm Laurus Generics.
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