Stocks in news: VST Industries, Torrent Power, REC, Tata Power, Mankind Pharma

Domestic markets remained subdued for the third consecutive day on Tuesday, ending slightly in the green. In today's trade, shares of VST Industries, Torrent Power, REC, Tata Power, Mankind Pharma among others will be in focus due to various news developments.

IndiGo
Aviation watchdog DGCA is probing the incident of tail strike involving an IndiGo aircraft on September 9 and the flight crew has been derostered, a senior official said.

Torrent Power
Torrent Power has received Letter of Intent (LOI) from Maharashtra State Electricity Distribution Co. Limited (MSEDCL) for procurement of 1,500 MW/ 12,000 MWh energy storage capacity for pumped hydro storage project.


Read more: Here's the trade setup for today's session

VST Industries
Ace investor Radhakishan Damani has reduced stake in VST Industries by 0.65% at the end of June quarter.

REC
REC signed a non-binding financial commitment ‘Shapath Patra’ to increase its renewables loan book to over Rs 3 lakh crore by 2030.

Tata Power
Tata Power plans to invest about Rs 70000-75000 crore ($8.95 billion) in renewable energy capacity expansion over the next five to six years.

Satin Creditcare
Satin Creditcare will consider fund raising via NCDs on private placement basis on September 20.

Mankind Pharma
Mankind Pharma said it will consider raising funds via NCDs, commercial papers, other debt securities among others on September 20.

Biocon
Leading insurer and fund manager raised its stake in Biocon from 4.982% to 5.023%.

Star Health
Vakrangee partnered with Star Health Insurance to offer health insurance products via Vakrangee Kendra Network.