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Kundan Motwani

30th Dec · SEBI-Registered Analyst

Stock Updates

*Waaree Energies:* Company commissions 3.05 GW Solar Inverter Manufacturing Capacity in Gujarat. (Neutral) *ESAF Small Finance Bank:* Transfers loan portfolio with ₹1,693.65 cr outstanding for ₹183.18 cr. (Neutral) *Indian Overseas Bank:* Received permission from the Reserve Bank of India to establish an IFSC Banking Unit (IBU) at GIFT City. (Neutral) *Hindalco:* Novelis Inc., has entered into a subscription agreement with AV Minerals. Under this agreement, AV Minerals will purchase 50,00,000 common shares of Novelis for $750 million, at a price of $150 per share. (Neutral) *Reliance Industries:* The Report Titled “India Claims $30 Billion from Reliance Industries, BP…”Is Factually Incorrect. (Neutral) *Sugar stocks:* India allows export of 50,000 tons of organic sugar this fiscal. (Neutral)

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