Tata Motors to Biocon: Stocks to watch on December 10, 2024
business Dec 10 2024
Author: Nancy Tiwari Image Credits:Freepik
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Tata Power
BP and Japan’s JERA have partnered to create one of the world’s largest offshore wind operators, advancing BP CEO Murray Auchincloss’ strategy to shift focus toward renewables.
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Vodafone Idea
Vodafone Idea’s board has approved a Rs 1,980 crore fundraising through a preferential issue, issuing shares to Vodafone Group’s Omega Telecom and Usha Martin Telematics entities.
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Mahindra & Mahindra
Mahindra Electric has agreed not to use the “6E” trademark for its electric car model until IndiGo's trademark lawsuit is resolved, rebranding it as “BE 6” for now.
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Power Finance Corporation
Power Finance Corporation raised Rs 6,252 crore through bond issuance, including Rs 3,200 crore in 15-year bonds at 7.11% and Rs 3,052 crore in 10-year bonds.
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Biocon
Biocon is planning to sell a 2% stake in Syngene International through block deals, with an estimated price of Rs 825 per share, according to sources cited by CNBC-TV18.
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Tata Motors
Tata Motors will raise prices by up to 3% across its entire passenger vehicle range, including EVs, effective from January 1, 2025, to offset rising input costs and inflation.
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Metropolis Healthcare
Metropolis Healthcare has approved acquiring Core Diagnostics for Rs 247 crore, gaining full control from its current shareholder, Core Diagnostics (Mauritius).