Adani group, IOC, BPCL, HPCL, Reliance, HDFC and other hot stocks on March 21

Mar 21, 2022

By: Rounak Jain

Adani group

A media report suggested that the Adani group is exploring partnerships in Saudi Arabia, including acquiring a stake in Saudi Aramco.

Credit: Adani-Enterprises

Indian Oil, HPCL, BPCL

Reports suggest that the price of diesel sold to bulk users has been hiked by ₹25 per litre, although the retail price has remained unchanged.

Credit: Unsplash

Reliance Industries

Its retail arm has acquired an 89 percent stake in online lingerie retailer Clovia for ₹950 crore.

Credit: Reliance-Industries

HDFC

Its subsidiary has entered into an agreement to acquire a 7.2 percent stake in Loyalie IT-solutions.

Credit: HDFC

Future Retail

It has scheduled a shareholders’ meeting on April 20 to approve the sale of its retail assets to Reliance Industries.

Credit: BCCL

Aurobindo Pharma

Signed an agreement with Pfizer to manufacture a generic version of its COVID-19 oral treatment drug Nirmatrelvir, which will be supplied to 95 countries, including India.

Credit: Aurobindo-Pharma

Torrent Pharma

Signed an agreement with Pfizer to manufacture a generic version of its COVID-19 oral treatment drug Nirmatrelvir, which will be supplied to 95 countries, including India.

Credit: Torrent-Pharma

Cochin Shipyard

Signed an agreement with Dredging Corporation of India to build the country’s largest dredger at an outlay of ₹950 crore, in partnership with IHC Holland.

Credit: BCCL

TVS Motor

Declared an interim dividend of ₹3.75 per share.

Credit: TVS-Motor

SJVN

Bagged a 100 MW solar power project in Gujarat at a tentative cost of ₹500 crore.

Credit: SJVN

Gautam Adani takes the high road and calls off Adani Enterprises FPO after a 28% crash in stock price