Stocks to Watch Today

NTPC, RBL Bank, IIFL Finance, and others in news today

IIFL Finance

IIFL Home Finance approved the allotment of its 53,76,457 equity shares to the subsidiary of Abu Dhabi Investment Authority.

NTPC

The power generation company has declared first part capacity of 10 MW out of 20 MW Gandhar Solar PV project at Gandhar, Gujarat, on commercial operation.

RBL Bank

Board of directors has approved the issue of debt securities on private placement basis, up to an amount of Rs 3,000 crore.

TVS Electronics

The company executed business transfer agreement with GTID Solutions Development Private Limited for acquiring their business and intellectual property rights.

Lemon Tree Hotels

The company has signed a License Agreement for a 65 room hotel at Hubli, Karnataka under its brand ‘Lemon Tree Hotel’.

Tata Consultancy Services

The country’s largest software exporter has bagged a contract for an undisclosed sum from Africa’s Absa Corporate and Investment Bank.

MEP Infrastructure Developers

Promoter AJ Tolls sold 13.15 lakh equity shares in the company through open market transactions at an average price of Rs 16.95 per share.