Mon, Apr 22, 2024 10:26 AM
Voltas shares rally 5% as UBS upgrades stock to 'buy' with 38% upside
A Flip by Shubhangi Gupta
Shares of Ksolves India are expected to stay in focus on Monday after the company announced on Friday that its board has approved a 1:2 stock split. The decision, made during a meeting on December 20, 2024, involves altering the company's share capital by subdividing its existing equity shares. Each share with a face value of Rs 10 will be split into two shares, each with a face value of Rs 5.
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Shares of NHPC may remain in focus today as the company’s Chairman and Managing Director, Raj Kumar Chaudhary, announced on Friday that NHPC will invest Rs 5,500 crore in setting up a 1,000-megawatt solar power project in Bihar. The firm signed a Memorandum of Understanding (MoU) with the state government for this investment at the Bihar Business Connect 2024 investor summit.
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Larsen & Toubro's shares rose on Monday after the company secured a "major" order to supply K9 Vajra-T Artillery Platforms to the Indian Army, worth between ₹5,000 crore to ₹10,000 crore. The order is for the second batch of the artillery platforms, with production to take place at L&T's Armoured Systems Complex in Gujarat.
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