GR Infraprojects, Bank of India and JMC Projects to see some action today

01 Oct 2021 Evaluate

GR Infraprojects has received Letter of Award (LoA) for new project Construction of Four / Six lane Greenfield Ludhiana - Rupnagar National Highway No. NH-205K from Junction with NE-5 Village near to Manewal (Ludhiana) to junction with NH-205 near Bheora Village (Rupnagar) including spur to Kharar with Ludhiana bypass under Bharatmala Pariyojana in the State of Punjab on Hybrid Annuity Mode, Package-I (Section from Design Ch. 0.000 to Design Ch. 37.700, total length 37.700 Km) on Hybrid Annuity Mode.

Bank of India has raised 10 year (with 5 Years Call Option) Rs. 1,800 crores Basel-III compliant Tier 2 bonds (Base Issue Size: Rs 1,000 crores) on September 29, 2021 on private placement basis, through the NSE EBP platform at a coupon of 7.14%. The Issue was over-subscribed by two times.

JMC Projects (India) has secured new orders of Rs. 1,849 crore. The company has bagged B&F Projects in India of Rs.857 crore, while Social Housing Project in Maldives of Rs.992 crore.

V-Mart Retail has opened five new stores in the states of Rajasthan, Tripura, West Bengal, Odisha and Bihar. With this the total number of stores now stands at 368 stores as at September 30, 2021.

Ashiana Housing has acquired a piece of land measuring 15.64 acres on perpetual lease basis from Mahindra Lifespaces within the township of Mahindra World City at Chennai (Tamil Nadu). The company proposes to develop a senior living project on this land.

Rane Holdings has further acquired 83,35,000 equity shares of Rs 10 each fully paid up (12.72%) in its subsidiary Rane t4u (RT4U), pursuant to subscription to the rights issue made by RT4U for Rs 8,33,50,000. The aggregate equity shareholding of RHL in RT4U post this acquisition stands increased to 97.46% (99.33% on a fully diluted basis).

Tata Steel’s indirect wholly owned subsidiary -- T S Global Holdings Pte. (TSGH), has executed definitive agreements with Toptip Holding Pte to divest its entire equity stake held in NatSteel Holdings (NSH). The sale process of NSH shares has been completed and TSGH has received the consideration for sale of shares.

Tata Steel Share Price

127.40 -2.45 (-1.89%)
10-Jan-2025 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 127.40
JSW Steel 901.15
SAIL 106.00
Jindal Stainless 625.05
Jindal Saw 256.25
View more..
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.