Stocks in the news: RIL, Maruti Suzuki, BHEL, Adani Green and Hindalco

Synopsis
Japanese auto major Suzuki Motor Corporation (SMC) has increased its stake in Indian subsidiary Maruti Suzuki to 56.37%.
Maruti Suzuki: Japanese auto major Suzuki Motor Corporation (SMC) has increased its stake in Indian subsidiary Maruti Suzuki to 56.37 per cent by purchasing shares from the market.
YES Bank: YES Bank has fully repaid the Rs 50,000 crore provided by RBI as a special liquidity facility (SLF) amid the crisis faced by the lender earlier this year, its Chairman Sunil Mehta said on Thursday.
Hindalco: Hindalco’s upstream plants are operating at near full capacity with all logistics infrastructure coming back on track, said Kumar Mangalam Birla, chairman of the Aditya Birla Group.
BHEL, Adani Green: Bharat Heavy Electricals, Adani Green Energy, BGR Energy Systems and Eros International Media are among companies that are scheduled to announce their June quarter earnings on Friday.
Religare Enterprises: Religare Enterprises has begun talks with a local investor for divesting a majority holding in Religare Finvest, its wholly owned lending subsidiary. This is part of a fresh Rs 4,600 crore debt restructuring plan the group is working on.
Stocks Recommendations
Indiabulls Housing Finance: Indiabulls Housing Finance is raising about Rs 2,200 crore through a share sale and divestment of ownership held in the UK’s OakNorth Bank.
Titagarh Wagons: Titagarh Wagons has signed a power purchase agreement with Hyderabad-based Fourth Partner Energy to procure 4.8 MW of solar power for its wagon and steel foundries at Titagarh in West Bengal as well as its passenger coach and propulsion unit at Uttarpara (West Bengal).
Indian Energy Exchange (IEX): Dalmia Cement (Bharat) bought 5,149,844 shares of IEX at Rs 190.10 per share, while DCB Power Ventures sold 5,500,000 shares of the company at Rs 190.11 per share.
Future Supply Chain Solutions: Edelweiss Crossover Opportunities Fund sold 10,02,385 shares of Future Supply Chain Solutions at Rs 116.65 per share. The fund held 4.25 per cent stake in the company at the end of June. On Tuesday, the fund had offloaded 4,21,609 shares in the company.
Max India: Doric Asia Pacific Small Cap Mauritius sold 4,62,265 shares of recently-listed Max India at Rs. 49.80 per share, while Vijit Asset Management lapped up 9,00,000 shares of the company at Rs 48.05 per share.
Videocon: A UK-based family office has made an offer of Rs. 2200 crore to Videocon’s lenders for a takeover of the company as a going concern, according to people aware of the matter.