#Stocks To Watch- 3rd December 2024

1️⃣ Torrent Power: Board approved the opening of QIP to raise up to Rs 5,000 crore to pare debt at a floor price of Rs 1,555.75 apiece. The company may, at its discretion, offer a discount of not more than 5% on the floor price calculated for the issue.

2️⃣ Mazagon Dock Shipbuilders: The company has fixed Dec. 27 as the record date for the purpose of determining the eligibility of shareholders for the split of existing one equity share into two.

3️⃣ Protean e-Gov Technologies: The company received a work order worth Rs 161 crore from Central Registry of Securitisation Asset Reconstruction and Security Interest of India.

4️⃣ KPI Green Energy: Received the largest-ever order for setting up of 300 MWAC ground mounted solar PV plant, including operation and maintenance services on a comprehensive basis for a period of five years from Coal India. The contract price for the project is Rs 1,311 crore.

5️⃣ Godrej Properties: The company closes QIP, sets the issue price at Rs 2,595 per share. The issue price indicates a 4.86% discount to the floor price.
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