Stocks to watch today: JSW Energy, Adani Group, UltraTech Cement, Vodafone Idea, SJVN

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Mumbai: Buzzing stocks today – JSW Energy, UltraTech Cement, Ashok Leyland, Vodafone Idea, SJVN, Adani Power, Adani Wilmar, ACC, NDTV, Ambuja Cements, Adani Ports, Adani Total Gas, Adani Enterprises, and Adani Green Energy

UltraTech Cement

UltraTech Cement confirmed that it has commissioned two new grey cement manufacturing units, taking its total capacity to 151.6 MTPA. The Aditya Birla group firm commissioned the units at Karur, Tamil Nadu, and at Kukurdih, Chhattisgarh. “This capacity is more than 150% of the capacity in the United States and 80% of Europe’s capacity,” said UltraTech.

Ashok Leyland

Hinduja Group flagship company Ashok Leyland registered a seven per cent dip in its vehicle sales made in March at 21,317 units. Ashok Leyland sold 14,517 units of medium and heavy commercial vehicles in March 2024 while light commercial vehicles were at 6,800 units.

Vodafone Idea

Vodafone Idea said it held an EGM to seek shareholders’ nod to raise Rs 20,000 crore via securities. “An Extra-ordinary General Meeting of Vodafone Idea Limited was held today, that is, Tuesday, April 2, 2024, at 3.00 p.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India,” Vodafone Idea (VIL) said in a BSE filing.

SJVN

SJVN has signed a deal with IIT Patna for advanced geological models to cut cost overruns. The IIT unit would develop advanced geological models for State-owned power producer SJVN to help reduce time and cost overruns in its tunnelling projects.

Adani Group Stocks

Adani Group stocks, including Adani Power, Adani Wilmar, ACC, NDTV, Ambuja Cements, Adani Ports, Adani Total Gas, Adani Enterprises, and Adani Green Energy have been rising for two consecutive days.

JSW Energy

JSW Energy board has given its green signal to raise Rs 5,000 cr via the issuance of equity on qualified institutional placement basis. The information available in the exchange filing, stated that the JSW Energy board approved a Qualified Institutions Placement of equity shares with face value of Rs 10 each to the eligible investors for an aggregate amount not exceeding Rs 5,000 crore in one or more tranches, subject to such regulatory/statutory approvals as may be required.

(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)

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