stocks to watch, Stocks To Watch: 3 trending stocks to watch out for today
IPCA Laboratories: IPCA on Tuesday announced to buy 33.38% stake in Unichem Laboratories for Rs 1,034.06 crore from one of its promoters. Under the share purchase agreement, IPCA will pay Rs 440 per share for 2,35,01,440 shares of Unichem from one owner of the company for a total of Rs 1,034.06 crore, the companies said in a joint statement issued to the regulator.
Mahindra Lifespaces: Mahindra Lifespaces has finalized a project ahead of its fourth quarter results. As a result, shares of Mahindra Lifespace Developers rose 1.5% ahead of the release of financial results later in the day, extending their upward trend in April. Mahindra Group Real Estate and Infrastructure is the preferred partner for the redevelopment of a residential society in suburban Mumbai with a potential revenue of approximately Rs 850 crore.
Anupam Rasayan : Anupam Rasayan signed a $46 million Letter of Intent (LOI) with an American multinational corporation to offer a new-age specialty chemical advance system for the next 5 years. Shares of Anupam Rasayan are now trading at Rs 1,119.75 per share after rising over 4%.
Disclaimer: This above is third party content and TIL hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not guarantee, vouch for or endorse any of the above content or its accuracy nor is responsible for it in any manner whatsoever.The content does not constitute any investment advice or solicitation of any kind. Users are advised to check with certified experts before taking any investment decision and take all steps necessary to ascertain that any information and content provided is correct, updated and verified.
