Stocks in news: IRCTC, Patanjali Foods, SBI Cards, BLS International, Tata Power

Domestic markets reached a new high on the weekly expiry day, gaining nearly two percent. In today's trade, shares of IRCTC, Patanjali Foods, SBI Cards, BLS International, Tata Power among others will be in focus due to various news developments.

IRCTC

Life Insurance Corp (LIC) on Thursday said it has hiked its stake in Indian Railway Catering and Tourism Corporation (IRCTC) to about 9.3%.

SBI Cards

SBI Cards announced that its board of directors will meet on September 18 to consider and approve a proposal to raise funds amounting to Rs 5,000 crore.

BPCL

State-owned Bharat Petroleum Corporation Ltd (BPCL) approved two joint ventures aimed at supporting the company's energy transition and net-zero initiatives.

Patanjali Foods

Patanjali group firms are likely to raise up to $240 million through block deals and the floor price at Rs 1,815, according to reports.

BLS International Services

BLS International Services has signed a definitive agreement to acquire a 100% stake in Citizenship Invest (CI), a Dubai-based advisory firm for $31 million.

IFGL Refra

Sikander Yadav has resigned as the Chief Financial Officer of the company with effect from September 12.

Tata Power

Tata Power Renewable and Tata Motors sign MoU to set up 200 fast-charging stations for electric CVs.