Top stocks in focus: Wipro, Power Grid, Magma Fincorp, Jubilant Foodworks, Bharat Forge

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

March 10, 2021 8:36 IST

  • Wipro recognised at ASSOCHAM Diversity & Inclusion Excellence Awards 2020.

  • Power Grid acquired Ramgarh New Transmission Limited (RNTL), the Project SPV to establish Transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan (8.1 GW) under phase II - Part A, on build, own, operate and maintain (BOOM) basis from the Bid Process Coordinator - REC Power Distribution Company Limited.

  • Magma Fincorp announces shareholders’ approval of acquisition of controlling stake by Rising Sun Holdings Pvt. Ltd through preferential issue.

  • Jubilant Foodworks: Jubilant Foodworks Netherlands B.V. has successfully completed the acquisition of 100% of Fides Food Systems Coöperatief U.A., Netherlands which holds 32.81% equity shares in DP Eurasia N.V. Consequently, the Company stands fully released from the guarantee issued by it in connection with the investment obligations of Jubilant Foodworks Netherlands B.V.

  • Bharat Forge: The Company has made further investment of Rs4cr in its associate company -Aeron Systems Private Limited {Aeron) by way of purchasing 39,000 equity shares.

  • Mazagon Dock Shipbuilders Limited dedicates the Third Scorpene Class Submarine of Project 75.

  • Puravankara Limited launches its first ultra-luxury project in Mumbai, ‘Purva Clermont’. This venture will mark its re-entry in the city and its maiden foray into the ultra-luxury category under the WorldHome Collection in the Mumbai Metropolitan Region (MMR).

  • SastaSundar has announced its further entry into the domain of preventive wellness. In this endeavour, the Indian organisation has associated itself with Asics, the Japan based leading sports footwear & apparel MNC.

  • Sterlite Technologies announces addition of JS Deepak to its Board of Advisors.

  • Godrej Properties launched its QIP issue on March 9 and fixed floor price at Rs1,513.39 per share.

  • Max Healthcare Institute closed its QIP issue and finalised issue price at Rs195.40 per share.

  • AU Small Finance Bank launched its qualified institutional placement (QIP) issue on March 9 and fixed the floor price at Rs1,181.06 per share.