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Punjab National Bank : PNB has divested 10% of its stake in Canara HSBC Life Insurance Company, reducing its holding to 13%. The lender raised about ₹1,007 crore through the sale of 9.5 crore shares at ₹106 apiece. Shares of PNB will be in focus after this strategic divestment announcement.
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Bharat Electronics Ltd: Navratna defence PSU will be in focus after winning a ₹633 crore order from Cochin Shipyard. The contract involves supplying equipment for sensors, weapon systems, and communication mechanisms. The order win adds to its strong order book and could boost sentiment around the stock.
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Dr. Reddy’s Laboratories Ltd: Dr. Reddy’s said its Srikakulam manufacturing facility in Andhra Pradesh received Voluntary Action Indicated (VAI) status from the USFDA. Th