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Company updateBusinessLine

Buzzing stocks: Meesho, Clean Max, Lupin, IOC, NBCC, NCL Ind, Zee, Edelweiss, Jujhar Logistics, Ola

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GreyOak summary

SoftBank affiliate SVF II Meerkat plans to sell a 1% stake in Meesho via a block deal. Clean Max committed 50,000 crore for 3GW power facilities in Andhra Pradesh. Lupin's partner launched its biosimilar Ranluspec in Europe. IOC supplied specialized diesel to the Army. NBCC signed MoUs for West Bengal projects. NCL Industries greenlit a 130 MW renewable project. Zee approved a share buyback. Edelweiss saw its Vice Chairman resign.

What it affects

  • MeeshoMEESHONeutral 0

    SoftBank affiliate to sell 1% stakeRolling sentiment Positive +27

Source

Read the original at BusinessLine

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