Market Commentary - Stock Alert
Wipro, SBI, SBI Cards, IEX in spotlight As on : 06-Jun-23  08:39

Wipro: Wipro announced its dynamic digital signage solution, Wipro VisionEDGE, will power Bowling Center TV (BCTV), a new digital out-of-home television network distributed across bowling centers in the United States.

State Bank of India (SBI): SBI said that the meeting of the board of directors of the bank is scheduled on 9 June 2023 to consider and approve raising funds during FY 24 through private placement mode by way of issuance of debt instruments (including capital instruments) in INR and /or foreign currency.

SBI Cards and Payment Services: The board of directors of the company has approved raising of funds by way of issuance of Non-Convertible Debentures (NCDs) aggregating to Rs. 3,000 crore in one or more tranches, on private placement basis.

Indian Energy Exchange (IEX): IEX achieved 8,251 MU overall volume in May 2023, including green market trade of 358 MU, 1.42 lac RECs (equivalent to 142 MU) and 2.02 lac ESCerts (equivalent to 202 MU). The overall volume during the month was higher 8% on YoY basis.

Chalet Hotels: The company has launched its second Hotel in Hyderabad, i.e. The Westin Hyderabad Hitec City. The addition of this 168-key property takes the total number of rooms under the company's portfolio to 2,802 keys (including subsidiaries).

B.L. Kashyap and Sons: The company has secured new order aggregating to Rs. 147 crore approx from Nzuri Pune Knowledge Park.

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