Stock Updates
🔸Infosys informed the stock exchange that it has launched a Tech Innovation Lab in North Carolina.
🔸For TVS Motors, total sales volume for the month were u p 13.2% YoY to 13.2 lakh units. 2-W sales volume was u p 14.1% YoY at 3.78 lakh units.
🔸NBCC has recommended the issuance of bonus shares to the shareholders of the company in the ratio of 1:2 i.e. 1 new fully paid up equity share for every 2 existing fully paid up equity shares to eligible members of the company as on the record date of 7th October, 2024.
🔸Biocon has obtained an Establishment Inspection Report (EIR) from the USFDA for its newly developed API facility (Site 6) in Visakhapatnam, Andhra Pradesh. With this approval, the regulatory body has cleared Biocon to begin commercial supplies from this facility to the U.S. market.
🔸Adani Power has completed the acquisition of Coastal Energen Private ltd.(CEPL).
