Stocks to Watch for July 8: Cochin Shipyard, RCF, Uno Minda and more

Stocks to Watch for July 8: Cochin Shipyard, RCF, Uno Minda and more


From RCF board approving a fund raise up to ₹1,500 crore via FPO to Advait Energy Transitions securing a ₹51.62 crore turnkey contract, these are some…

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Rashtriya Chemicals and Fertilizers Ltd | The company’s board approved raising up to ₹1,500 crore through a Further Public Offering (FPO), subject to approvals from shareholders, the Department of Fertilizers and the Department of Investment and Public Asset Management (DIPAM).

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Cochin Shipyard Ltd | The Offer for Sale (OFS) in CSL received an overwhelming response from investors on the first day on Tuesday (July 7), with the issue getting oversubscribed 3.52 times, according to the Secretary, Department of Investment and Public Asset Management (DIPAM).

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Uno Minda Ltd | Auto components maker announced its entry into the four-wheeler passenger vehicle seating systems segment with a proposed investment of around ₹320 crore for a greenfield manufacturing facility in Chhatrapati Sambhajinagar, Maharashtra.

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Poonawalla Fincorp Ltd | Non-deposit-taking NBFC on Tuesday (July 7) approved the issuance of unsecured, redeemable, rated, listed, subordinated non-convertible debentures (NCDs) constituting Tier II capital worth up to ₹200 crore through a private placement.

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Advait Energy Transitions Ltd | Ahmedabad-based company said it has secured a ₹51.62 crore turnkey contract from Dakshin Gujarat Vij Company Ltd (DGVCL) for the supply, installation, testing and commissioning of 11KV 55mm² AAAC Medium Voltage Covered Conductors (MVCC) and related works.

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EMS Ltd | Water and sewerage infra player on Tuesday (July 7) said it has received the lowest bidder (L-1) status from the Delhi Jal Board, Delhi Government, for a sewerage work project with an estimated order value of approximately ₹158.29 crore, including GST.

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Silver Touch Technologies | The company said it has secured an order from RITES Ltd, a Navratna public sector enterprise under the Ministry of Railways, for the design, development and implementation of PARAKH, an AI-based detailed project report (DPR) appraisal and intelligence platform.



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