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The Board of Directors of STEL Holdings Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023. ....
CESC is going to acquire a 23.18 per cent additional stake in Noida Power Company Ltd (NPCL) from promoter group entities for Rs 450 crore, turning the profit making electricity distribution venture a subsidiary of the company. The RP-SG Group held a 72.73 per cent stake in NPCL while Uttar Pradesh government entity Greater Noida Industrial Development Authority held the balance 27.27 per cent. CESC Ltd directly held 49.55 per cent in the company, which started operations in 1993, while the rest was owned by two promoter group entities Shaft Investment Pvt Ltd and Stel Holdings Ltd. The decision adds one more dimension to the company’s stated decision to consolidate existing and future distribution businesses under Eminent Electricity Distribution Ltd, a wholly owned step-down subsidiary. ....
Sundaram Brake Linings Ltd, STEL Holdings Ltd, Yasho Industries Ltd and Gujarat Apollo Industries Ltd are among the other gainers in the BSE s B group today, 18 January 2021. Sundaram Brake Linings Ltd, STEL Holdings Ltd, Yasho Industries Ltd and Gujarat Apollo Industries Ltd are among the other gainers in the BSE s B group today, 18 January 2021. Chembond Chemicals Ltd soared 19.99% to Rs 210.95 at 12:01 IST. The stock was the biggest gainer in the BSE s B group. On the BSE, 71250 shares were traded on the counter so far as against the average daily volumes of 5108 shares in the past one month. Sundaram Brake Linings Ltd spiked 15.27% to Rs 363.1. The stock was the second biggest gainer in B group. On the BSE, 6490 shares were traded on the counter so far as against the average daily volumes of 660 shares in the past one month. ....