Stories
Stocks to Watch: Action likely in 15 stocks including Sun Pharma and Ola Electric
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CNBC Awaaz•07-10-2026, 21:55
Stocks to Watch: Action likely in 15 stocks including Sun Pharma and Ola Electric
- •Tata Power signed a deal with Norway's Ocean Sun for a floating solar pilot project in Maharashtra's Mulshi reservoir.
- •HCLTech launched a new headquarters and an AI Center of Excellence in South Africa.
- •Fino Payments Bank reported a 20 percent rise in renewal income and a 223 percent surge in loan disbursements.
- •Ola Electric's board approved raising ₹1,000 crore through a rights issue.
- •Sun Pharma board will meet on October 12 to consider raising up to ₹15,000 crore via NCDs.
Key Questions Answered
Jubilant Food reported an 11.9% year-on-year increase in consolidated revenue to ₹2,609 crore, while standalone revenue grew 11.6% to ₹1,886 crore. Domino’s India achieved a Like-For-Like growth of 4.1% and launched 88 new stores, bringing its total store count to 2,601.
Tata Power has signed a major agreement with Norway's Ocean Sun to introduce membrane-based floating solar technology to India. As part of this deal, a 300 kWp floating solar pilot project will be established in Maharashtra's Mulshi reservoir.
HCLTech has launched a new regional headquarters in South Africa located in Johannesburg's Sandton business district, accompanied by the establishment of a new AI Center of Excellence.
