The decision of the board meeting of JTL Ind came after the market closed. In the board meeting of the company, it has been announced to reduce the face value of Rs 2 to Rs 1. This clearly means that one share will be divided into 2 parts. This company is JTL Industries Ltd. The company makes products related to electric resistance. Apart from this, the company is also in the business of making steel pipes. On Tuesday, the company's stock closed 2 percent higher at Rs 239. The market cap of the company is Rs 4700 crore. In the year 2021, the company had announced share split. At that time, shares with a face value of Rs 10 were brought down to a face value of Rs 2.
REC Share: The company's stock fell 3 percent to close at Rs 537. REC Limited has raised green bonds worth $500 million with technical support from Global Green Growth Institute (GGGI). The bonds are listed on Global Securities Market of India International Exchange Limited and NSE International Exchange of NSE IFSC Limited GIFT City under Rule 144A.
Indian Oil Corporation Ltd Share: The company's stock fell 4.5 percent to close at Rs 170.96. The company said in the information released on the exchange that it signed a B2B agreement with Nepal Oil Corp. It signed an agreement to develop petroleum infrastructure.
Mahindra and Mahindra Financial Share: The company's stock fell 2.5 percent to close at Rs 322. The company told the exchange that it will raise Rs 750 crore through bonds.
D-Mart-Avenue Supermarts Share: The company's stock fell 0.27 percent to close at Rs 4941. The company released business related updates to the exchange. On an annual basis, revenue in the September quarter has increased from Rs 12,308 crore to Rs 14,050 crore. The total number of stores has increased to 373 by 30 September 2024.
Refex Industries Share: The company's stock fell 0.3 percent to close at Rs 541. The company has proposed to raise funds of ₹ 927.81 crore.
BCL INDUSTRIES Share: The company's stock fell 3 per cent to close at Rs 56.50. The company told the exchange that it will acquire Goyal Distillery Private Limited. The acquisition will help in setting up a 250 KLPD grain-based ethanol plant, which will increase the company's production capacity from 700 KLPD to 1,100 KLPD.
Oriental Rail Infrastructure Ltd Share: The company's share fell 4 percent and closed at Rs 268. The company got the order.
Aarti Drugs Ltd Share: The company's stock fell 1.6 percent to close at Rs 512. It is said that the unit has received GMP certificate from UK-MHRA for its manufacturing facility.
Shilpa Medicare Ltd Share: The company's stock fell 4 percent to close at Rs 799. The company's unit received a certificate of suitability from EDQM for API, Desmopressin.
Cyient DLM Share: The company's stock fell 3 percent to close at Rs 691. The company said that it has approved the acquisition of an American entity through its subsidiary Cyient DLM Inc.
Unicommerce eSolutions Ltd: The company's stock fell 3 percent and closed at Rs 207. The company told the exchange that it has signed an agreement with VIP Industries. This agreement has been made for e-commerce operations.
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