Stocks in news: Bajaj Housing Finance, RIL, Adani Power, Thermax, SpiceJet, GMR Airports

Equity markets scaled record highs last week on the back of positive global cues. In today's trade, shares of Bajaj Housing Finance, RIL, Adani Power, Thermax, SpiceJet, GMR Airports among others will be in focus due to various news developments.

Bajaj Housing Finance

Shares of Bajaj Housing Finance will debut at the bourses today and the grey market trends indicate a potential multibagger listing.

RIL

Reliance Retail will transfer most of the fast-moving consumer goods (FMCG) brands it owns such as Campa and some of the popular private labels to the recently set up FMCG entity Reliance Consumer Products.

JSW Energy

JSW Energy unit completed commissioning 300 MW wind power capacity at Tuticorin, Tamil Nadu.

Adani Power

Maharashtra State Discom issued a Letter of Intent for supply of 6600 MW hybrid solar and thermal power by Adani Green and Adani Power.

Thermax

Thermax arm Babcock and Wilcox Energy Solutions received a repeat order worth Rs 516 crore for setting up another 300 MW energy project from an industrial conglomerate in Botswana.

SpiceJet

SpiceJet has received approval from shareholders to raise funds. The airline had earlier announced plans to raise Rs 2,500 crore through QIP and Rs 736 crore from previous warrants and promoter contributions.

GMR Airports

GMR Airports' August passenger traffic rose 9% year-on-year and 0.1% month-on-month at 1.06 crore.

Zydus

Zydus arm Zydus Lifesciences Global FZE signed an exclusive licensing and supply agreement with US-based Viwit Pharmaceuticals for Gadobutrol Injection and Gadoterate Meglumine Injection for the US market.

Exide Industries

Exide Industries has invested Rs 100 crore in arm Exide Energy Solutions. With this investment, the total investment made by the company stands to Rs 2,752 crore.

Dixon Tech

Dixon Tech arm Padget Electronics signed an MoU with Asus India to manufacture information tech products i.e. notebooks.