On the Bombay Stock Exchange (BSE), Adani Wilmar updated its Q3 business of the edible oil segment and recorded volume growth in food & FMCG in the ‘high-20s’ and industry essentials by over 40%.

• Co-living Startup Truliv Expands into Bengaluru
• Paras Defence Shares Hit 5% Upper Circuit on Establishing New Testing Facility 
• Rail Vikas Nigam Shares Soar 10% on Securing Rs 837 Crore Order 
• IFCI Shares Skyrocket 15% as Board Approves Merger 
• Prakash Industries Shares Surge 7% on Acquiring 30-Year Mining Lease 

Sona BLW Precision’s stock went up 6% yesterday after acquiring a 54% stake in Serbia-based Novelic. 

Central public sector enterprises (CPSEs) plan to add small- and mid-cap to their disinvestment list for FY24. By March, efforts were being taken to conclude Shipping Corp and BEML stake sales. 

Yesterday, the board of Sigachi Industries approved an increase in authorized share capital from Rs 32 crore to Rs 42 crore by issuing up to 1.10 crore convertible warrants to promoters at Rs 285.30 per share.

PC Jeweller reported a 38% growth in its Q3 business update, with a turnover of Rs 829.10 crore against Rs 600.18 crore in the same quarter of the previous year.

State-run Bank of Baroda has hiked the marginal cost of fund-based lending rate (MCLR) by 35 basis points from January 12.

Uttam Sugar Mills has increased the ethanol brewing capacity of the Barkatpura plant from 150 KLPD to 250 KLPD and the sugar cane crushing capacity from 23,750 TCD to 26,200 TCD.

On January 11, 2022, GNFC and Indiabulls Housing Finance were the only stocks in the F&O ban period.