SJVN, Aster DM Healthcare and NTPC to see some action today

SJVN’s wholly owned subsidiary -- SJVN Green Energy (SGEL) has signed Memorandum of Understanding (MoU) with Assam Power Distribution Company (APDCL) at Guwahati. The MoU has been inked for developing 1000 MW Floating Solar Power Projects in Assam by incorporating a Joint Venture Company.

Aster DM Healthcare’s material subsidiary -- Aster Pharmacies Group LLC (Aster Pharmacy) has entered into a Joint Venture agreement (JVA) with Abdulmohsen Al Hokair Holding Group on October 16, 2022 to establish, manage and operate Pharmacy chain across the Kingdom of Saudi Arabia (KSA) to market and commercialize pharmaceutical products within each Pharmacy under the ‘Aster Pharmacy’ brand.

NTPC has signed a Memorandum of Understanding (MoU) with Mitsubishi Heavy Industries (MHI), Japan and its subsidiary Mitsubishi Power India (MPI) to demonstrate the feasibility for Hydrogen co-firing blended with natural gas in MHI 701D gas turbines installed at NTPC Auraiya Gas Power Plant in Uttar Pradesh. The total installed capacity of the Auraiya Gas Power Plant is 663 MW with four gas turbines operating in combined cycle mode. 

Sunteck Realty’s pre-sales stood at Rs 337 crore in Q2FY23 as compared to Rs 272 crore in Q2FY22 i.e. up by 24% on yearly basis. On quarterly basis pre-sales stood at Rs 333 crore in Q1FY23. The company’s collections were up by 60% to Rs 331 crore in Q2FY23 against Rs 207 crore year-on-year (Y-o-Y) and on quarterly basis, collections stood at Rs 285 crore.

63 moons technologies’ subsidiary -- Ticker has incorporated a wholly owned subsidiary namely ‘THREE O VERSE GLOBAL IT SERVICES L.L.C’ in Dubai, UAE with the objective of business development for its Web 3.0 Ecosystem Technology Solutions. Consequently, THREE O VERSE GLOBAL IT SERVICES L.L.C has become a step down subsidiary of the Company effective October 14, 2022.

Ashiana Housing has acquired a piece of additional land admeasuring 2.26 acres on perpetual basis from Mahindra Lifespaces within the township of Mahindra World City at Chennai, Tamilnadu. Total acquisition of land along with the land as stated above, now stands at 17.90 acres. It is planning a senior living project on the entire 17.90 acres of land.  

PVR has reported results for second quarter ended September 30, 2022. The company has reported net loss of Rs 69.00 crore for Q2FY23 as against net loss of Rs 148.34 crore for the corresponding quarter previous year. However, total income of the company increased by 153.89% to Rs 670.39 crore for the quarter under review as compared to Rs 264.05 crore for the same quarter in the previous year. On the consolidated basis, the company has reported net loss of Rs 71.49 crore for Q2FY23 as against net loss of Rs 153.27 crore for the corresponding quarter previous year. However total income of the company increased by 155.49% to Rs 703.13 crore for the quarter under review as compared to Rs 275.21 crore for the same quarter in the previous year.