Tata Steel to Vedanta: Stocks to watch on September 12, 2024
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Tata Steel
Tata Steel has received a £500 million grant from the UK government for the green steel project at its Port Talbot factory.
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Vedanta
Vedanta has raised $900 million in a US dollar bond offering to repay outstanding debt. The bond, issued with a coupon rate of 10.875%, was highly oversubscribed.
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SpiceJet
The Delhi HC affirmed the grounding of three leased engines ordering their return to the lessors, affecting SpiceJet's fleet.
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Ceat
Ceat has launched a new Truck Bus Radial (TBR) production line at its Chennai plant, increasing daily production capacity and global market exposure.
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Engineers India
EIL earned new orders worth Rs 4,681 crore in the first five months of FY2025, representing a 37% increase over the previous year.
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NBCC
NBCC cooperated with MTNL to create a 13.88-acre land lot in New Delhi. The project is valued at Rs 1,600 crore.