JKB Financial Services Ltd.

As on : 30-Nov-2023

Market Commentary - Stock Alert
30-Nov-2023 08:01

Tata Tech, Gandhar Oil, Fedbank Financial, UltraTech Cement in focus

Tata Technologies: Shares of Tata Technologies will debut on the bourses today, 30 November 2023. The issue price is Rs 500 per share.

Gandhar Oil Refinery India: Shares of Tata Technologies will debut on the bourses today, 30 November 2023. The issue price is Rs 169 per share.

Fedbank Financial Services: Stocks of the company will debut on the bourses today, 30 November 2023. The issue price is Rs 140 per share.

UltraTech Cement: The company has acquired a 0.54 mtpa cement grinding assets of Burnpur Cement, located at Patratu in Jharkhand at a consideration of Rs.169.79 crore. The company?s capacity in India now stands at 133 mtpa.

Karur Vysya Bank: The Reserve Bank of India (RBI) has accorded its approval to SBI Mutual Fund (SBI MF) for acquiring aggregate holding of up to 9.99% of the paid-up share capital or voting rights of The Karur Vysya Bank Ltd. If SBI MF fails to acquire major shareholding within a period of one year from the date of RBI?s letter, this approval shall stand cancelled

Metro Brands, FSN E-Commerce Ventures: Foot Locker, Inc., the New York-based specialty athletic retailer, announced the signing of a long-term licensing agreement with Metro Brands (MBL) and Nykaa Fashion. This partnership will offer the most comprehensive selection of global sportswear and footwear to sneaker fans in India.

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