Mazagon Dock Shipbuilders, Suzlon Energy and Atul Auto to see some action today

09 Sep 2024 Evaluate

Mazagon Dock Shipbuilders has received an order worth Rs 1,486 crore from Oil and Natural Gas Corporation for a subsea pipeline replacement project.

Suzlon Energy has acquired a 51 per cent stake in Renom for Rs 400 crore, making it a subsidiary of Suzlon Energy.

Atul Auto has invested Rs 20.03 crore by way of subscription in the equity share capital of its wholly owned subsidiary namely ‘Khushbu Auto Finance’ (KAFL), on right basis. The said shares have been allotted on September 06, 2024. With this investment, the total investment made by the Company in KAFL stands to Rs 77.81 crore. Currently, Atul Auto is holding 100% share capital of KAFL and with the current investment, Atul Auto’s shareholding percentage in KAFL will remain unchanged.

Associated Alcohols & Breweries (AABL) has launched its Premium Blended Malt whiskey HILLFORT. This meticulously crafted blend combines exceptional malts with fine Indian grain whiskies, creating a product honouring tradition and embodying the spirit of innovation and excellence.

Thermax’s wholly owned subsidiary -- First Energy (FEPL) has entered into Share Purchase Agreement (SPA) on September 06, 2024 for acquisition of 100% of the equity share capital of Onix-Two Enersol (OTEPL). Accordingly, OTEPL shall become wholly owned step-down subsidiary of the Company.

Bharti Airtel has launched special promotional offers for its prepaid customers. Valid only for 6 days, from September 6, 2024 to September 11, 2024, the limited period ‘FestiveOffer’ will give customers a host of benefits on 3 specially curated packs of Rs 979, Rs 1029 and Rs 3599. The packs are loaded with special benefits on voice, data and OTT streaming services.

Krystal Integrated Services has received work order worth Rs 1.16 crore from BRFL Textiles Private for providing Facility Attendant Services at their premises located at Tarapur. The said order is to be executed within 1 year from September 20, 2024 to September 19, 2025.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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