Stocks in news: Stocks in news: Biocon, SJVN, Adani Green, Union Bank, Nuvama Wealth

On the monthly expiry day, markets edged higher and gained nearly 1%, driven by favorable cues. In today’s trade, shares of Biocon, SJVN, Adani Green, Union Bank, Nuvama Wealth among others will be in focus due to various news developments.

Biocon
Biocon has signed a licensing and supply agreement with Tabuk Pharmaceutical Manufacturing Company to commercialise its ‘GLP-1’ products for treating diabetes and chronic weight management in select countries of the Middle East.

SJVN
State-owned SJVN inked 2 initial pacts with Maharashtra government for developing pumped storage and floating solar projects in the state with an investment of Rs 48,000 crore.

Adani Green
Adani Green Energy Ltd (AGEL) announced that it has completed signing a 50:50 joint venture (JV) with TotalEnergies.

Piramal Enterprises
Piramal Enterprises arm Piramal Capital and Housing Finance sells immoveable property comprising land and building situated at Santacruz East, Mumbai Property for Rs 187 crore.

Union Bank
Joint Forum of AIUBEF, AIUBOF, UBSA and UBIEU, Delhi, consisting of Customer Service Associates and Office Assistants propose to go on Strike on September 27.Nuvama Wealth Management
Edel Finance and Ecap Equities is likely to sell 6.4% equity in Nuvama Wealth Management through block deals, according to reports.

RITES
RITES consortium emerges lowest bidder in a Delhi Metro project worth Rs 87.58 crore.

RailTel Corp
RailTel Corp bagged a work order worth Rs 155.72 crore from Rural Development Department, Mantralaya, Maharashtra.

PC Jeweller
Bank of India approves a one-time settlement offer (OTS) of the company. With this approval, all 14-consortium banks approved the settlement offer.

Infosys
Infosys collaborates with Sally Beauty to bring enterprise-scale IT efficiencies from hyper-automation.

Torrent Pharma
Torrent Pharma denied reports that Shelcal500 failed quality tests, samples seized by CDSCO not manufactured by the firm.

IndiGo
IndiGo appointed Isidro Pablo Porqueras Orea as Chief Operating Officer of the company with effect from November 1.

Indian Bank
Indian Bank to raise additional long-term infrastructure bonds up to Rs 5,000 crore in one or more tranches.

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