Stocks to watch: Bikaji Food, Global Healthcare, HDFC, Vedanta, SBI, ONGC | Rare Techy

Bikaji Foods: Bikaji Food International IPO shares are expected to be listed today, November 16, 2022. The initial public offering of Bikaji Foods International was subscribed 26.67 times on Monday, November 7, 2022, the last day of subscription. that one ₹881-crore IPO received bids for 55,04,00,900 shares against 2,06,36,790 shares on offer, according to data available with the NSE.

Global health: The company’s shares are expected to be listed on the main stock exchanges BSE and NSE on Wednesday, November 16, 2022. The initial public offering (IPO) of Global Health, which operates a chain of hospitals under the Medanta brand, was subscribed 9.58 times. on the last day of the offer which closed on Monday, November 7, 2022. According to NSE data, the public Issue received bids for 44.79 crore shares against 4.67 crore shares on offer.

HDFC: NBFC giant, HDFC is set to raise approx ₹5,500 crore by issuing private placement secured non-convertible debentures. The NCD has a ‘AAA’ rating by leading agencies such as CRISIL and ICRA. The issue is part of HDFC’s ‘AA’ shelf-setting memory series which collects large numbers. ₹75,000 billion. According to the regular sheet, the size of the basic problem is approx ₹4,000 crores, can also be for additional subscription up to ₹1,500 crore — the total size is around ₹5,500 billion.

Vedanta: Vedanta Group on Tuesday said it is focusing on completing the expansion of Electrosteel Steels Ltd from 1.5 million tonnes to three million tonnes amid rumors of the company’s exit from the steel business. The Anil Agarwal-led Vedanta Group acquired Electrosteel Steels four years ago. “As of today, this (exit from Electrosteel) is not an issue for us. The only priority is to bring the (production) capacity to 3 million tonnes,” Vedanta Group CEO Sunil Duggal told reporters.

State Bank of India: State Bank of India (SBI) on Tuesday said that the government has appointed Vivek Joshi to its board after the suspension of former director. The Ministry of Financial Affairs, Ministry of Finance, in a letter dated November 15, 2022, has appointed Vivek Joshi (secretary, Ministry of Finance) as the director of the central board of the State Bank of India, the bank said in a statement. regular filing.

ONGC: ONGC Videsh Ltd, the offshore arm of the Oil and Natural Gas Company (ONGC), has submitted a bid to the Russian authorities to acquire a 20 percent stake in the Sakhalin-1 oil and gas field in the far eastern region. country, the company said. Russian President Vladimir Putin last month removed Exxon Neftegaz – a regional subsidiary of US giant ExxonMobil – as the operator of Sakhalin-1 and transferred the project and all its assets and equipment to a new operator.

InterGlobe Aviation: The country’s largest low-cost carrier by number of aircraft — IndiGo — has started operations of its first A321 freighter between Delhi and Mumbai. The cargo flights started on November 15. The airline said the aircraft, converted from a passenger jet to a full cargo configuration, will be used for general cargo on the inaugural Delhi-Mumbai flight while carrying general cargo and e-commerce on board. return leg.

M&M: Mahindra & Mahindra Agricultural Equipment Services (FES), part of the Mahindra group, on Tuesday announced the opening of its first dedicated agricultural machinery manufacturing facility at Pithampur near Indore in Madhya Pradesh. The new plant is part of the group’s plan to grow its agricultural machinery business (excluding tractors) 10-fold in 5 years by launching ‘made-in-India’ agricultural machinery products, the company said in a statement.

IIFL Wealth Management: IIFL Wealth & Asset Management, a wealth and asset management firm in India, has rebranded itself as 360 ONE. The new name and identity was unveiled by Karan Bhagat, Founder, MD & CEO. According to the press release, the new brand – 360 ONE – will help the company retain all the elements that make it unique while also bringing out the vibrancy and freshness of a modern India. It is expected to retain the company’s ethos but will also resonate with a diverse set of customers and perspectives, including the next generation.

Ashiana House: Housing company Ashiana Housing Ltd reported a consolidated net loss ₹1.81 crore for the quarter ended September this financial year. Her net loss stopped ₹5.74 billion during the previous year. However, the total income rose ₹91.72 crore in the second quarter of the financial year 2022-23 from ₹60.69 million during the previous year.