Stocks in news: Stocks in news: TCS, Tata Power, IRCTC, Mankind Pharma, Bank of Maharashtra, SpiceJet
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Stocks in news: Stocks in news: TCS, Tata Power, IRCTC, Mankind Pharma, Bank of Maharashtra, SpiceJet

The markets began the week on a feeble note, losing nearly one and a half percent due to mixed global cues. In today’s trade, shares of TCS, Tata Power, IRCTC, Mankind Pharma, Bank of Maharashtra, SpiceJet among others will be in focus due to various news developments.

Tata Power
Tata Power announced the signing of a landmark memorandum of understanding (MoU) with the Rajasthan government. The investment plan involves up to Rs 1.2 lakh crore.

IRCTC
The board approved the appointment of Gaisingam Kabui as the chief financial officer (CFO) of the company with effect from October 1.

Read more: Here’s the trading setup for today’s session

TCS
The Board of TCS could consider a second interim dividend for the equity shareholders on October 10, where it will also approve results for Q2.

Mankind Pharma
Mankind Pharma announced that it would raise up to Rs 10,000 crore through issuance of non-convertible debentures (NCD) and commercial papers.

Bank of Maharashtra
Bank of Maharashtra has launched a qualified institutional placement on Monday to raise funds. The floor price for the issue is fixed at Rs 60.37 per share.

SpiceJet
Gujarat-based Plutus Wealth Management LLP bought 85 lakh shares worth Rs 51 crore in SpiceJet on Monday through a block deal.

NTPC
NTPC Green has signed an MoU with Rajasthan government for development of 25 GW of renewable projects.

Piramal Pharma
Piramal Pharma board approved $80 million expansion plan for Sterile injectables facility in Lexington, Kentucky.

Premier Explosives
Premier Explosives appointed Srihari Pakalapati as Chief Financial Officer of the company with effect from September 30, 2024.

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