UPL, Wipro, Vedanta, Future Retail and other hot stocks on March 3

Mar 3, 2022

By: Rounak Jain

UPL

Its board has approved a share buyback programme worth ₹1,100 crore, with the buyback price fixed at ₹875 per share.

Credit: UPL

Wipro

The information technology (IT) giant introduced a new cloud car platform for vehicles.

Credit: Wipro

Vedanta

The mining company will pay an interim dividend of ₹13 per share, totalling to ₹4,832 crore. The record date is March 10.

Credit: Vedanta

Future Retail

A media report said that Amazon could file a criminal case against Future Retail for transferring its offline stores to Reliance.

Credit: BCCL

Swan Energy

Its board will meet on March 5 to consider fundraising of up to ₹2,000 crore.

Credit: Swan-Energy

Punjab & Sind Bank

Will consider preferential issue of equity shares to the Government of India worth ₹4,600 crore, on March 31.

Credit: Punjab-Sind-Bank

ABB India

Concluded the slump sale of its turbocharger business to a newly incorporated subsidiary for ₹310 crore.

Credit: ABB-India

Chalet Hotels

Identified the National Capital Region, Chennai and Goa as new markets for leisure hotels as it looks to diversify its business across new geographies.

Credit: Chalet-Hotels

KPI Global

Added a new capacity of 1.72MW in its existing solar power plant in Bharuch, Gujarat.

Credit: KPI-Global

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