Laxmi Organic, Craftsman Automation, Jubilant Foodworks and other top stocks to watch out for on March 25

Mar 25, 2021

By: Rounak Jain

Laxmi Organic

The ₹600-crore IPO is all set to debut on the stock markets today, with yesterday’s grey market premium hovering around ₹65-70.

Credit: Laxmi-Organic

Craftsman Automation

The ₹824-crore IPO is all set to debut on the stock markets today, with yesterday’s grey market premium hovering around ₹30-35.

Credit: Craftsman-Automation

Jubilant Foodworks

It has entered into a master franchise agreement to operate and sub-license Popeyes Restaurants in India, Nepal, Bangladesh and Bhutan.

Credit: Jubilant-Foodworks

TVS Motor

It has declared a second interim dividend of ₹1.4 per share, with the cut-off date being April 2.

Credit: BCCL

Tata Steel

7.02 crore partly paid-up equity shares have been converted to fully paid-up equity shares with a face value of ₹10 per share.

Credit: Tata-Steel

Oil India

The government-owned company has announced that its Mozambique project has satisfied conditions for a $14.9 billion debt drawdown.

Credit: Oil-India

DHFL

The housing finance company and its directors have been booked by the CBI for creating 2.6 lakh fictitious loan accounts.

Credit: IANS

Dalmia Bharat

Its cement subsidiary has announced that its production capacity has been increased by 2.25 million tonnes per annum, taking the total to 4 million tonnes.

Credit: Dalmia-Bharat

Bank of India

It has announced a fundraising measure of ₹750 crore by issuing Basel-III bonds.

Credit: BCCL

Rail Vikas Nigam

The government will sell an additional 1.10 crore shares, apart from 20.85 crore shares. Retail investors can apply starting today.

Credit: BCCL

FPIs make remarkable comeback, infuse ₹2 lakh cr in FY24