In the stock market, shares of some specific companies can be kept under watch on November 21 due to various reasons. We are telling you about such major stocks, which can be seen in focus in the trading on 21st November.
PSP Projects
Adani Group’s PMC subsidiary Adani Infra (India) has entered into an agreement with the company’s current promoter Prahladbhai S Patel to buy 30.07% stake in PSP Projects. This deal has been done for Rs 685.4 crore.
Tata Power Company
The company has signed an agreement with Druk Green Power Corporation to produce 5,000 MW of clean energy in Bhutan. Druk Green Power Corporation is a Bhutanese company.
Dr. Reddy’s Lab
The US Food and Drug Administration (USFDA) has completed the Goods Manufacturing Practices (GMP) inspection at the company’s API Manufacturing Facility (CTO-2) located in Bollaram, Hyderabad. This inspection took place between November 13 and November 19.
JSW Steel
The company has been declared the preferred bidder in Kodali Mineral Block XII located in Goa. The auction for this took place on 12 November. Meanwhile, the company’s subsidiary JSW Steel Italy SRL has entered into a commercial agreement with a company.
NLC India
The company will invest up to Rs 3,720 crore on different renewable projects in one or two installments. Also, NLC will buy stake in India Renewables by subscribing to its equity shares.
Aditya Birla Capital
The company has invested Rs 100 crore in Aditya Birla Capital Digital on rights basis. However, this investment does not result in any change in the shareholding of Aditya Birla Capital and Aditya Birla Capital remains a wholly owned subsidiary of the digital company.
Power Grid Corporation of India
The company has acquired Khavra VA Power Transmission for Rs 18.9 crore from the bid process coordinator, REC Power Development & Consultancy.
Godfrey Phillips India
The company has declared an interim dividend of Rs 35 per equity share for the financial year 2025. The record date of dividend has been fixed as November 29.
Varun Beverages
The company has raised Rs 7,500 crore through Qualified Institutions Placement (QIP) issue. The board has approved the allotment of 13.27 crore shares to eligible qualified institutional buyers.
Agricultural solutions provider UPL and global investment firm Alpha Wave Global have signed an agreement. According to the agreement, Alpha Wave Global Seed will invest $350 million to buy 12.5% stake in UPL’s subsidiary Advanta Enterprises.
Apart from this, other companies to keep an eye on include RITES, SIS, Suditi Industries, Kilburn Engineering, Jagsonpal Pharmaceuticals, TCI Express, Strides Pharma Sciences. Pharma Science) etc. are included.
