Stocks in Focus on Dec 30: BPCL, IRB Infrastructure, Dish TV & More

  • Stock Market News
Stocks in Focus on Dec 30: BPCL, IRB Infrastructure, Dish TV & More

By Malvika Gurung -- Bharat Petroleum Corp. Ltd. (NS: BPCL )d: The country’s largest insurance company LIC has acquired a 2.02% stake in the state-owned petroleum refineries company through open market transactions. This increases LIC’s shareholding in BPCL from 5.01% to 7.03% now.

Varun Beverages Ltd (NS: VARB ): The beverages company has incorporated ‘Varun Beverages RDC SAS', a new company in the Democratic Republic of Congo, for continuing the business of manufacturing, selling, trading and distributing carbonated and non-carbonated drinks.

Bajaj Finance (NS: BJFN ): The subsidiary company Bajaj Housing Finance reduced the home loan interest rate for customers with high credit scores to 6.65% p.a., as a new festive deal.

IRB Infrastructure (NS: IRBI ): The highway construction company has approved the allotment of 25,24,50,000 equity shares priced at Rs 211.79 apiece to Cintra INR Investments BV and Bricklayers Investment Pte Ltd, raising an amount of Rs 5,346.6 crore.

Indian Hotels Co. Ltd (NS: IHTL ): The Tata Group-owned hospitality major has announced acquiring 100%shareholding in ELEL Hotels & Investments from the Nanda family, after the acquisition of a 14.28% stake in it.

Deep Industries Ltd (NS: DEEI ): The service sector company of oil and gas fields has bagged an order worth (approx) Rs 44.4 crore from GSPC LNG for the hiring of gas compression services at GSPC LNG Terminal, Mundra, for 5 years.

Dish TV India Ltd (NS: DSTV ): The leading DTH service provider will hold its AGM on Dec 30, after getting postponed twice.

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