Stocks to watch: Bharti Airtel, Wipro, Coforge, Dr. Reddy, Stocks in Vakrangee Stocks Stay Focus Today

This is a quick look at the stock that may focus on trading today.

Bharti Airtel

Bharti Airtel and Tata Group held a bilateral discussion to explore the merger with Tata Group, a Tata Group, a subsidiary of Airtel, Bharti Telemedia, a direct-to-home (DTH) business, Tata Play.

KPI Green Energy

The company has established a Memorandum of Understanding (MOU) with the Madhya Pradesh government’s Ministry of Renewable Energy to develop multiple projects including solar, wind, hybrid, Beth and biomass-based programs in the state.

Wipro

The technology services and consulting firm plans to allocate $200 million to its venture capital firm Wipro Ventures in its latest funding round. This marks the fourth round of funding for Wipro Ventures since its inception a decade ago, aiming to increase investment in early to mid-term startups.

Kovge

The board of directors will meet on March 4 to discuss modifying the company’s equity by breaking down or dividing existing stocks.

Waree Energies, Waree Reenwable Technologies

The company has received orders from Abrel EPC, an all-owned subsidiary of Aditya Birla Renewables to provide 410 MWP of solar modules. Meanwhile, on February 25, the Mumbai State Tax Assistant Specialist conducted a search in the Company Registration Office and its subsidiary Waaree Renewable Technology. However, the company’s regular business remains unaffected.

Dr. Reddy’s laboratory

The company has obtained an agency inspection report (EIR) for API manufacturing units (CTO-2) in Bollaram, Hyderabad from the U.S. FDA. The inspection has been classified as a Voluntary Action (VAI) proposed by the U.S. FDA, indicating it is closed. The regulator conducted an inspection at the facility from November 13 to November 19, 2024.

Ultratech Cement

The board of directors announced that the arrangements with Kesoram Industries will take effect on March 1, 2025. Under this arrangement, the company will allocate an equity share ₹10 per person per 52 shares ₹10 each held by equity shareholders of Kesoram Industries. In addition, the company plans to establish a wire and cable manufacturing plant near Bharuch, Gujarat, investing ₹In the next two years, there are 18 billion rupees. The plant is expected to operate by December 2026 and will be funded through internal accruals and/or borrowing.

Varun drinks

The company has extended the acquisition schedule for Ghana’s SBC Beverages until March 31, rather than the previously announced February 28. ₹1271 million.

vakrangee

The company announced a strategic corporate agency partnership with Aditya Birla Health Insurance to improve accessibility of health insurance solutions through the Vakrangee Kendra Network, focusing on underserved and remote areas.

Delhivery

West Bengal Government’s Commercial Taxation Bureau has issued a tax request order to companies, demanding payments ₹$589 million, including interest and fines, in the 2020-21 fiscal year.

Ceigall, India

The company has received a letter from NHAI about its termination of its contract with its highway project in Punjab. In May 2022, the National Highway Authority of India signed a contract with Ceigall, India – Krishna Constructions joint venture to build a four-lane Greenfield Amritsar connection in EPC mode as part of Bharatmala pariyojana. NHAI has agreed to compensate for losses, accounting for 1% of the contract price. The project is part of the ongoing EPC model program, with the bidding project cost of ₹10.71 million.

Utkarsh Small Financial Bank

The board has approved the raising of the maximum amount of funds ₹Rs 750 crore through qualified agency placement (QIP), priority allocation, private location or other available methods.

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