Stocks in news: Stocks in news: Reliance Power, Coal India, AstraZeneca India, PNB, Power Grid

Stocks in news: Stocks in news: Reliance Power, Coal India, AstraZeneca India, PNB, Power Grid

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Domestic markets opened the week on a positive note, gaining nearly half a percent in line with last week’s momentum. In today’s trade, shares of Reliance Power, Coal India, AstraZeneca India, PNB, Power Grid among others will be in focus due to various news developments.

Reliance Power
Reliance Power’s board approved issuance of up to 46.20 crore equity shares/warrants worth Rs 1,525 crore via preferential allotment mode.

PNB
The Board of PNB authorised the opening of the qualified institutional placement and fixed a floor price of Rs 109.

Tata Power
Tata Power Delhi Distribution Ltd said it has received a patent for self-regenerating transformer breather for 20 years.

AstraZeneca Pharma
AstraZeneca Pharma India has received permission to import for sale and distribution of cancer drug Durvalumab solution for infusion (Imfinzi) from the Central Drugs Standard Control Organisation.

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Coal India
Coal India signed a joint venture with Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL) for setting up of 2×800 MW Brownfield Thermal Power Project.Pondy Oxides
Pondy Oxides will raise up to Rs 250 crore through a qualified institutional placement in one or more tranches.

Thangamayil Jewellery
Thangamayil Jewellery to consider fund raising via issuance of equity shares or bonds or debentures on September 26.

Power Grid
Power Grid was declared as the successful bidder to establish an inter-state transmission system.

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