Stocks in the News

1.

Tata Power: The company subsidiary, TP Solar,

has signed a contract worth Rs 455 crore with Maharashtra State Power Generation Company to supply 300 MWp ALMM modules for the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 project.

2.

Wipro: FrieslandCampina has selected Wipro to manage its core IT services for a period of five and a half years.

3.

Sammaan Capital: The company has raised Rs

1,300 crore by allotting 8.66 crore equity shares to qualified institutional buyers (including Smallcap World Fund, Societe Generale, Citigroup Global Markets Mauritius, Shine Star Build Cap, and Morgan Stanley Asia Singapore) at a price of Rs 150 per share.

4.

Azad Engineering: The company has secured

a purchase order from Bharat Heavy Electricals (BHEL) for the supply of advanced, high-complexity rotating airfoils for supercritical turbines.

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