In today’s trade, shares of Nazara Technologies, IndiGo, Hindustan Zinc, NTPC Green, RIL among others will be in focus due to various news developments.
Nazara Technologies
Morgan Stanley Asia Singapore Pte bought shares worth about Rs 69.2 crore in gaming firm Nazara Technologies through a block deal on Tuesday, exchange data showed. The global investment bank purchased 28.85 lakh shares of Nazara Technologies at Rs 239.8 apiece. The shares were sold by Think India Opportunities Master Fund LP, which offloaded an equivalent number of shares at the same price.
IndiGo
Budget carrier IndiGo said on Tuesday that its chief executive officer Pieter Elbers has stepped down with immediate effect, with managing director Rahul Bhatia set to take charge of the airline’s affairs on an interim basis. Elbers submitted his resignation in a letter dated March 10, citing personal reasons and requesting that his notice period be waived.
RIL
Reliance Industries on Tuesday said it was taking steps to ensure uninterrupted access to essential fuels for households by ramping up LPG production and diverting natural gas supplies to priority sectors in line with government guidelines. The company said it was maximising LPG output from its refining and petrochemicals complexes at Jamnagar Refinery – the world’s largest integrated refining hub – to maintain stable domestic supplies.
Vedanta
As the ongoing war in West Asia disrupts global supply chains, impacting Indian energy imports, Vedanta Chairman Anil Agarwal has called for urgent measures to unlock the domestic natural resource potential to strengthen the country’s energy and mineral security.NTPC Green
NTPC Green Energy said that its arm NTPC Renewable Energy has begun the supply of electricity from a 270-MW unit, which is part of a 1,200-MW solar PV project in Gujarat. With the addition of this capacity, the total installed capacity of the NTPC Green Energy Limited Group will increase to 9,562.68 MW.
Hindustan Zinc
Hindustan Zinc has signed a Memorandum of Understanding (MoU) with CMR Green Technologies. This marks the second major partnership for Zinc Park in Rajasthan, following Hindustan Zinc’s earlier MoU with Tripura Group, and further strengthens the park’s positioning as India’s first integrated ecosystem for zinc-based industrial applications.
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