Aster DM, Amara Raja Energy, GE Power, YES Bank and more: Stocks to watch on June 21

SUMMARY

Aster DM Healthcare, Amara Raja Energy, GE Power, YES Bank, GIC Housing Finance, Jindal Stainless and more, these are the stocks to watch for today.

1 / 6

Aster DM Healthcare | Private equity firm Olympus Capital Asia initiated a block trade in healthcare services provider. The base size of the block is 5.05% of the total equity, with an upsize option extending up to 10.1%. Sources said the total value of the block trade is ₹835 crore, with the potential to reach ₹1,670 crore if fully upsized.

2 / 6

Amara Raja Energy | The company said it has acquired an additional 4.5% stake in electric vehicle battery maker InoBat for 20 million euros (nearly ₹180 crore). With the latest investment, the company’s total holding will be around 9.32% of its equity stake in InoBat AS, including its previous investment of 10 million euros.

3 / 6

GE Power | The company announced the receipt of a Letter of Intent for a contract valued at ₹243.46 crore from NTPC GE Power Services. The contract involves the renovation and modernisation of LMZ Steam Turbines at Wanakbori Thermal Power Station (TPS) Unit No. 1 and Unit No. 2, each with a capacity of 210 MW.

4 / 6

YES Bank | Private sector lender announced that its Board of Directors will meet on June 25, 2024, in Mumbai to consider and approve a resolution enabling the bank to borrow or raise funds through the issuance of debt securities. The proposed fundraising options include issuing debt securities in Indian and foreign currencies.

5 / 6

GIC Housing Finance | The company announced a cyber security incident involving a malware attack on some of its end-user systems. The company received information from its Cyber Security Department on June 19, 2024, at 5:14 PM. In response to the malware attack, it swiftly isolated the affected systems from the network to prevent further impact.

6 / 6

Jindal Stainless | The company said it has supplied stainless steel to manufacture 100 ‘Made in India’ freight wagons, being exported to Mozambique. These wagons, made up of grade IRSM 44 stainless steel specially developed by Jindal Stainless for Indian Railways freight stock.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CNBCTV18 – https://www.cnbctv18.com/photos/market/stocks/aster-dm-amara-raja-energy-ge-power-yes-bank-and-more-stocks-to-watch-on-june-21-19431503.htm