DSIJ Mindshare

MSTC, which was earlier knows as Metal Scrap Trading Corporation is a Mini Ratna category- I PSU company. It is entering the capital market to raise around Rs 226 crore at the upper band and at the lower band, it will raise around Rs 213 crore.

GE T&D India has bagged a technology-driven grid modernization project from Rajasthan Rajya Vidyut Prasaran Nigam Ltd. (RRVPL) to implement grid initiatives and augmenting renewable energy in the state, which will benefit the people of Rajasthan.

The stocks that are likely to witness significant movement on the bourses on March 14 are Unichem Laboratories, GE T&D India Limited, Wipro, Sterlite Technologies and NHPC.

Zydus Cadila has received the final approval from USFDA for marketing Potassium Chloride Extended-Release Capsules USP, 8 mEq (600 mg) and 10 mEq (750 mg). This will be manufactured at the company’s formulations manufacturing facility at SEZ, Ahmedabad.

Unichem Laboratories has received ANDA approval for its allopurinol tablets. The shares jumped up by 2 per cent in the last trading session on Wednesday after the company informed about the development.