Buzzing Stocks: Yatra Online, Aurobindo Pharma, Dixon Tech, SJVN, others in news

Yatra Online: The corporate travel services company will list its equity shares on the BSE and NSE on September 28. The issue price has been fixed at Rs 142 per share. The date of allotment of the IPO shares was set as September 25.

Aurobindo Pharma: Subsidiary Auro Vaccines has entered into a licence agreement with Hilleman Laboratories Singapore Pte Limited to develop, manufacture and commercialise a pentavalent vaccine candidate used in children vaccination. Auro Vaccines will make milestone payments to Hilleman upon achieving certain development and clinical study outcomes, while Hilleman will also be paid royalties upon commercialisation of the vaccine candidate.

Dixon Technologies: Subsidiary Padget Electronics has entered into an agreement with Xiaomi Technology India for manufacturing of smart phones and other related products for Xiaomi. The said manufacturing will take place from Padget’s manufacturing facility at Noida, Uttar Pradesh.

SJVN: The company has commenced the mechanical spinning of unit-I of 60 MW Naitwar Mori Hydro Electric Project (NMHEP) at Mori in Uttarakhand. The project will generate 265.5 million units of electricity annually. The company has set up 37 km 220 KV transmission line for evacuation of power from Naitwar Mori HEP from Bainol to Snail.

Tata Power Company: Subsidiary Tata Power Renewable Energy (TPREL) will set up a 41 MW captive solar plant at Thoothukudi in Tamil Nadu for TP Solar’s new greenfield 4.3 GW solar cell and module manufacturing facility at Tirunelveli in Tamil Nadu. The captive plant will help generate 101 million units of electricity and offset around 72,000 metric tonnes of CO2 emissions annually. The captive solar project will be commissioned 12 months from the signing of the project development agreement (PDA). TP Solar’s manufacturing plant is expected to start commercial production of cells and modules by FY25. TP Solar is a subsidiary of TPREL.

Reliance Industries: Subsidiary Reliance Jio has net added 39.07 lakh wireless subscribers in the month of July 2023, up sharply from 22.7 lakh subscribers addition in previous month, as per the data published by the TRAI. With this, the firm held 38.60% market share of the wireless subscribers as of July 2023.

Bharti Airtel: The telecom operator has net added 15.17 lakh subscribers in the month of July, increasing from 14.1 lakh subscribers addition in previous month. The firm has 32.74% market share in the wireless subscribers segment as of July 2023.

Vodafone Idea: The mobile network operator company continued to lose the customer base. As per the TRAI data, it lost 13.2 lakh subscribers in July this year, against loss of 12.9 lakh subscribers in previous month. Its market share stood at 19.92% in the wireless subscribers segment as of July 2023.

NBCC India: The state-owned construction company has announced sale of commercial built-up space in World Trade Centre, New Delhi through e-auction. It launched the sale on September 27 and the e-auction will take place on October 23 this year. The area offered for sale is 14.75 lakh square feet and the value of area offered is Rs 5,716.43 crore.

Oberoi Realty: The company has entered into a Development Agreement for development and redevelopment of approximately 13,450 square meters of land at Tardeo in Mumbai City. The company expects to generate a free sale component of around 2.5 lakh square feet (on carpet area) from the said Land.

Cellecor Gadgets: The Delhi-based electronic gadgets maker will make its debut on the NSE Emerge on September 28. The issue price is Rs 92 per share. Its equity shares will be available for trading in trade-for-trade segment.

Marco Cables & Conductors: The wires, cable wires, and conductors manufacturing company will make its debut on the NSE Emerge on September 28. The offer price is Rs 36 per share. Its equity shares will be available for trading in trade-for-trade segment.

Hi-Green Carbon: The trading in waste tyres recycling company shares will be commenced on the NSE Emerge, with effect from September 28. The offer price is Rs 75 per share. Its equity shares will be available for trading in trade-for-trade segment.