Stocks in Focus on Dec 23: Medplus Health, Vedanta, L&T & More

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Stocks in Focus on Dec 23: Medplus Health, Vedanta, L&T & More
Credit: © Reuters.

By Malvika Gurung

Investing.com -- MedPlus Health Services Ltd (NS: MEDP ): The pharmacy retailer will debut on the Indian exchanges on Dec 23, at an issue price fixed at Rs 796/share.

Kotak Mahindra Bank (NS: KTKM ): The lender’s subsidiary Kotak Mahindra Prime acquired the passenger vehicle finance portfolio of Ford Credit India, the motor company’s captive financing arm, for an undisclosed amount.

Zee Entertainment (NS: ZEE ): The media company has finalised a merger with Sony Pictures Networks India Private Limited (SPNI), which will take at least 8 months to close.

Vedanta Ltd (NS: VDAN ): The mining company plans to raise about Rs 1,000 crore through non-convertible debentures, regarding which it will meet its committee of directors in the upcoming week.

Larsen & Toubro (NS: LART ): The construction arm of Larsen & Toubro secured a significant order for its buildings and factories business from a reputed developer, stated the company in filing. 

Axis Bank (NS: AXBK ): The country’s third-largest private sector lender has signed an MoU with the Maharashtra Forest Department in Nagpur, to offer a salary account specially designed for providing banking services to the latter’s employees.

Psp Projects Ltd (NS: PSPP ): The construction engineering company has received a NOC from the Gujarat Pollution Control Board to set up its industrial plant for manufacturing precast.

Vivanta Industries Ltd (BO: VVAN ): The company has received an order from Vitaanova Healthcare Uganda on a pharmaceutical project, which will aggregate to $5.9 million, and needs to be completed within 18 months from the date of signing the contract, dated Dec 21, 2021.

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