Tuesday, September 25, 2018

Top Stocks in focus: Yes Bank, Glenmark, Adani Green Energy

Yes Bank board has formed a search panel to identify current MD and CEO Rana Kapoor’s successor. The bank has sought for extending tenure of Rana Kapoor beyond Jan 31, 2019.

Glenmark Pharma’s board will consider buyback of its foreign currency debt worth $200mn in its meeting on Sep 28.

Minda Industries’ board granted an approval for setting up a new manufacturing plant of two-wheeler alloy wheel in Maharashtra for Rs500cr.

Blue Dart will invest Rs200cr for its expansion plans in tier II, IIII and IV towns.

Adani Green Energy received an order to setup 300MW wind generation project from Solar Energy Corporation of India.

Tech Mahindra unveiled a strategic partnership with the Cloudleaf Inc, a US based company, as per a media report.

Greenply Industries has established a facility in Gabon at an investment of Euro11mn facility in Gabon.

Uflex has launched E-Commerce website FLEX-BuzzR to market the company’s products in European region.

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