Stocks in news: Sona BLW Precision, GAIL, Nalco, Apollo Pipes

The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. The contract was trading at 17,204, up 25 points or 0.15% from the previous close.

Here's a slew of stocks that will be in focus today for various reasons

Mahindra CIE Automotive

Mahindra & Mahindra has offloaded 6.05% equity representing 2,28,80,000 shares in its associate company Mahindra CIE Automotive through a block deal on Monday.

Sona BLW Precision Forgings
Blackstone has sold its entire 20.5% stake in Sona BLW Precision Forgings for about Rs 4,916 crore via a block deal on Monday.

Lupin
Lupin announced that the United States Food and Drug Administration (US FDA) has completed an inspection of its Bioresearch Centre in Pune. The inspection closed without any observation.

Embassy Office Parks REIT
Embassy Office Parks REIT has committed over Rs 300 crore (Indian Rupees Three Hundred Crores only) to its environment, social and governance program across its 43.6 msf pan-India portfolio.

GAIL
The board of GAIL (India) has approved an interim dividend of Rs 4 per equity share for financial year 2022-23. The company has fixed March 21 as the record date

Nalco
Nalco has declared a second interim dividend of Rs 2.5 per equity share for the current financial year 2022-23.

Apollo Pipes
Shares of Apollo Pipes will be in focus today as the company's board meets to consider fundraising.

Tata Chemicals
Fitch Ratings has revised Tata Chemicals' (TCL) long-term foreign currency issuer default rating at 'BB+' with a positive outlook from stable.