Watch out for these stocks today: IndusInd Bank, Infy, Shraddha Prime, Vipul Organics, GPT Infra, JK Tyre, JSW Energy, Alkem Lab, Bajaj Auto

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Indusind Bank has revealed that an accumulated amount of ₹ 674 million rupees was incorrectly registered as interest in the three quarter of the 2015 fiscal year in its business of the Microfinance Institution (IMF) and that there was an aggregation of balances not fundamental to the accounting of $ the disseminations have been made by the fifth lender of the largest private sector in India after its internal audit department (IAD) presents a report on May 8.

The American private capital giant TPG on Thursday Onoource Specialty Pharma shares for almost 139 million rupees through an open market transaction selling 8.84 LAKH of shares at an average price of ₹ 1,568.04. The details of the buyers of specialized Onoource shares based in Bengaluru could not be determined in the EEB.

Infosys has expanded its strategic collaboration with DNB Bank Asa (DNB), the largest Bank in Norway, to accelerate the Bank’s digital transformation. The collaboration will take advantage of the company’s services, solutions and platforms, including the Infosys Finacle platform to accelerate its modernization trip, improve resilience and offer better customer experience.

Shraddha Prime Projects has received the IOD (intimidation of disapproval) for one of its largest reurbing projects ‘Shraddha Paradise Enclave’ in the central suburbs-Mulund West, which has a carpet area or on residential-1,28,921 sq. Foot. & Commercial-29.588 SQ. FT with the potential to generate income of approximately ₹ 420 million rupees in the next 5 years. This project will be a high -level high tower of several floors and will be developed according to the Development Control Planning Regulations (DCPR) 2034, under 33 (11) scheme that will obtain additional benefits through a higher FSI for the project.

Vipul Organics has opened a sales office in the United States of America. After receiving local approvals, all the necessary procedures have been completed and the office has been registered under the name of Vipul Organics Us Inc. based in the state of Delaware, this office will give an impulse to the sales and marketing efforts of the company in the countries of the United States, as well as in the Central American countries. In addition, the actions will remain in a warehouse that will guarantee immediate deliveries to customers.

GPT INFRAPPROJECTS has obtained an order worth RS 32.29 million east rupees, Kolkata for the manufacture and supply of a stressed concrete line Sleeping Monkey Stressed Lock. Previously, the company had assured an order worth RS 481.11 Crore Cao Construction, South Eastern Railway, Kolkata.

JK Tire & Industries said Thursday that the production of passenger cars tires has begun using Certified Sustainable Substant Matters ISCC Plus at its manufacturing plant based in Chennai. The company has started the production of Green Royale UX tires in the plant.

The Adani Group has finished its association with the Chinese -based room access provider, DragonPass. This follows criticism about the company’s link with the Chinese company in the context of the terrorist attack in Pahalgam and Sindoor Operations.

The JSW Energy Board, considering the results of the fourth quarter and fiscal year 2015, has approved there a fund collection plan of up to ₹ 10000 million rupees through or more stakes through private stobres, preferential allocation, qualified institutional placement) Approves of the shareholders.

Alkem Laboratories has informed exchanges about a cyber security violation in Enzee Biosciences LTD, a subsidiary of the absolute property company. The incident involved the commitment of business email accounts belonging to certain employees, which resulted in the fraudulent transfer of funds. The company declared that the total amount affected by fraud is currently under investigation. The company has hired independent external agencies to carry out an exhaustive investigation into violation.

The Bajaja Auto Board has approved an additional capital infusion or 125 million euros (₹ 1,199.92 million rupees) to Bajaj Auto International Holdings BV (BAIH BV), a total property subsidiary to support its investment opportunities. The entity based in the Netherlands plays a key role in the Global Expansion strategy of Bajaj cars, and this financing reinforces its commitment to international growth.

Results calendar: Ashok Leyland, Granite ring, Bhel, BMW, Creditaccess Grameen, Delhivery, Dhampur Sugars, Dhanuka Agritech, Eih Associated Hotels, Emami, Eurek Alkalies and Chemicals, Heritage Tears, Hyunters, Hyunters India, Hyunters India Glycols, Iol Chemicals & Pharmaceuticals, Jubilant Pharmova, Kalpataru Projects International, Krbl, Nesco, Nucleus Software Exports, Matnamani Metals & Tubs, Shampan, Shampan, Shampan, Shampan Or Shampan, Shampan, Shaiping, Shaiping, Shaiping, Capan Or Shaiping, Capcoan Or Shaiping, India, Sh Kelkar and Company, Sterlite Technologies, Texmaco Rail & Engineering

Posted on May 16, 2025

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