Stocks to Watch OUT: Tata Power, Barbeque Nation, Cipla, Oberoi Realty, Dixon Tech

Hello friends here we are sharing a piece of big news with you that now fans are very keen to know about the top stocks that will be in focus today. Cipla – Supporters of India’s fourth drugmaker are in advanced discussions with two consortiums- one led by Torrent Pharmaceuticals Ltd, with the participation of well-known family offices, and the different group of buyout companies conducted by  BPEA EQT and General Atlantic- to sell a controlling stake for $6-7 billion, two individuals with direct understanding of the matter.

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Dixon Technologies – The company stated its aid, Padget Electronics joined into a strategic consensus with Xiaomi Technology India. This agreement encompasses the manufacturing of smartphones and multifarious connected products exclusively for Xiaomi.

Oberoi Realty –  Recently the company has inked a deal for the growth and redevelopment of a 13,450 square meter land parcel in Mumbai. Situated in the Tardeo area of Mumbai City. this land is connected to another parcel currently undergoing redevelopment through a joint venture with the company.

Tata Power – Arm Tata Power Renewable Energy Ltd declared its plans to set up a 41 MW captive solar power installation in Tamil Nadu, specifically to cater to TP Solar’s forthcoming 4.3 GW solar cell manufacturing unit.

Vedanta- The company has been coming to a potential agreement to separate its various businesses into many publicly traded entities as part of an extensive restricting effort, Bloomberg reported. If this endeavour demonstrates prosperity, it could provide a means for tycoon Anil Agarwal to effectively manage the debt burden with his diversified metals to energy cartel.

NBCC- The company plans to sell 14.75 lakh square feet of commercial built-up space in the World Trade Centre in New Delhi. The action will develop 5,716 crore in revenue.

Vodafone Idea:  The telecom company saw a drop of 1.3 million subscribers in July, as per the Trai data. This marks the third straight month of significant subscriber losses, with a drop of around 3 million subscribers each in both April and May. The growth rate declined by 0.58 % compared to the last month.

Endurance Technologies: The company has run an estimate and granted its approval for the expansion of manufacturing capacity dedicated to aluminium Alloy Wheels’ designed for two-wheeler applications. This capacity expansion project will happen at the company’s current facility located in Chakan, District Pune, with an expected acquisition of Rs. 450 million. Here we have shared all the information which we had. Stay tuned to us for more updates.