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Sonata Software, Orient Cement and Lemon Tree Hotels to see some action today

Hero MotoCorp Ltd. | Automobile Two & Three Wheelers | Automobiles | BSE: 500182 | NSE: HEROMOTOCO

23 Feb 2023 Evaluate

Sonata Software has announced that Sonata Software North America Inc., (SSNA), a wholly owned subsidiary of Sonata Software (SSL), has signed a definitive agreement with the Shareholders of Quant Systems INC., a Texas (USA) based IT Solutions and Software company, to acquire 100% stake. This acquisition is in line with Sonata's strategy to accelerate the growth curve and build scale. It will accelerate Sonata's capabilities in Enterprise Data Analytics, Cloud modernization, Cyber security, Salesforce, Data Privacy, Adobe, and Digital & Mobile App solutions, including differentiated IPs for Salesforce (workbox.io) and Chatbot (Lisa) technologies.

Orient Cement has terminated a non-binding Memorandum of Understanding (MoU) with Adani Power Maharashtra (APML) for setting out the understanding for facilitating bona fide use of land identified for exploring the possibility of establishing a Cement Grinding Unit (CGU) at Tiroda, in the State of Maharashtra.

Lemon Tree Hotels has signed a License Agreement for a new hotel in Bhopal, Madhya Pradesh under the Company’s brand Lemon Tree Hotel. The hotel is expected to be operational by December 2023. Carnation Hotels, a wholly owned subsidiary and the hotel management arm of the Company will be operating this hotel.

Advait Infratech has received an order worth Rs 10.85 crore for Supply of Optical Fiber Ground Wire (OPGW)/ Optical Fiber Cable on February 21, 2023. Earlier, the company had received an order of Gujarat Energy Transmission Corporation (GETCO).

VIDA, Powered by Hero, the emerging mobility brand of Hero MotoCorp, has started operations of its public charging infrastructure in Bengaluru, Delhi and Jaipur. The brand has set up nearly 300 charging points at 50 locations across the three cities for public use. The charging network is spread across key locations, ensuring customer convenience. VIDA’s fast charging network allows users to charge their scooter’s battery at 1.2 kms/min. Each charging station will have DC and AC charging sockets.

HDFC Asset Management Company (HDFC AMC), investment manager to HDFC Mutual Fund (HDFC MF), has launched HDFC MNC Fund, which will invest predominantly in MNCs (Multi?National Companies) across sectors and market cap segment. HDFC MNC Fund will invest at least 80% of Net Assets in equity and equity related instruments of Multi?National Companies.

Tata Steel has, on February 21, 2023, acquired 4,68,75,000 equity shares of Rs 10 each at a premium of Rs 54 per share, of Neelachal Ispat Nigam (NINL), an unlisted indirect subsidiary of the Company, for an amount aggregating to Rs 300 crore (hereinafter referred to as the 'Transaction'), being Tranche 1 of the investment in the equity shares of NINL.

Hero MotoCorp Share Price

5229.25 68.40 (1.33%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bajaj Auto	9777.15
Hero MotoCorp	5229.25
TVS Motor	3743.60
Eicher Motors	7189.40
Ather Energy	850.65
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Sonata Software, Orient Cement and Lemon Tree Hotels to see some action today

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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