Stocks in news: SpiceJet, JSW Energy, Bajaj Finserv, IREDA, Coal India

Indian stock markets are showing signs of recovery. SpiceJet is dealing with an insolvency tribunal matter. JSW Energy has commissioned a renewable energy project. Dr Reddy’s collaborates with Alvotech for a biosimilar drug. ICICI Prudential Life ...

ETMarkets.com

Ashoka Buildcon received a Letter of Intent (LoI) worth Rs 1,390 crore from Motors Vehicles Department, Maharashtra.

Indian markets are attempting to recover their momentum amid consolidation, which continued on Thursday. In today's trade, shares of SpiceJet, JSW Energy, Bajaj Finserv, IREDA, Coal India among others will be in focus due to various news developments.

SpiceJet
Insolvency tribunal NCLT has directed three aircraft lessors of low-cost carrier SpiceJet to file a valid Power of Attorney existing at the present point in time.

JSW Energy
JSW Energy announced the commissioning of 281 MW renewable energy project in Maharashtra with solar capacity of 215 MW and wind capacity of 66 MW.


Dr Reddy’s
Dr Reddy’s Laboratories has entered into a collaboration with Reykjavik, Ireland-based biotech company Alvotech to co-develop, manufacture and commercialise a biosimilar version of blockbuster cancer drug Keytruda for the global markets.

ICICI Pru Life
ICICI Prudential Life Insurance on Thursday said it disbursed over Rs 900 crore as loans against traditional policies to over 42,700 customers during fiscal year 2024-25.

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IREDA
IREDA has launched a qualified institutional placement on Thursday. It fixed a floor price at Rs 173.83 per share.

Coal India
Coal India signed a non-binding Memorandum of Understanding (MoU) with Indian Port Rail and Ropeway Corporation for development of Rail Infrastructure of Coal India and its subsidiaries

Bajaj Finserv
Promoters Bajaj Holdings and Jamnalal Sons likely to sell up to 1.94% stake in Bajaj Finserv through block deals, according to a report.

Ashoka Buildcon
Ashoka Buildcon received a Letter of Intent (LoI) worth Rs 1,390 crore from Motors Vehicles Department, Maharashtra.

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