Friday 23 August 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

*India Daybook*

*Stocks in News*

Pidilite unveils state-of-the-art adhesive manufacturing plant in Bangladesh (Positive)

Somany Ceramics: Board of Directors approved amalgamation of Schablona India Ltd with company (Positive)

Aurobindo Pharma gets US FDA nod for anti-bacterial antibiotic, Minocycline Hydrochloride tablets (Positive)

Amazon to invest in Future Retail buy acquiring 49% stake in Promoter Entity - Future Coupons. (Positive)

PM asks Zambian president Edgar Chagwa Lunga to resolve crisis over Vedanta's copper mine (Positive)

TCS: Company launched an enhanced version of its unique diagnostic solution, the TCS intelligent Cloud Migration Continuum (Positive)

Premier: Company has paid in full a one-time settlement amount of Rs 31.17 crore consisting of the principal amount to the Corporation Bank (Positive)

Dabur India: Subsidiary Dabur International acquired management control of a new company Excel Investments (FZE) in Sharjah, UAE (Positive)

Infosys: Company and the University of Illinois Urbana-Champaign entered a strategic partnership for precision medicine. (Positive)

Shreeji Translogistics: Board to consider interim dividend & bonus issue, and migration of the company from SME Platform to the Main Board (Positive)

HDFC Bank: Lender appointed Srinivasan Vaidyanathan as CFO. (Neutral)

Gillette India: Company declared a final dividend of Rs 25 per share for the financial year ended June 2019. (Neutral)

Kennametal India Q1: Consolidated profit falls to Rs 21.5 crore versus Rs 90.4 crore, revenue drops sharply to Rs 250.1 crore versus Rs 945.2 crore YoY. (Negative)

Supreme Infrastructure India: Company postpones the announcement of March quarter earnings. (Negative)

BHEL: CRISIL AA+/Negative Outlook revised from ‘Stable’, Rating Reaffirmed. (Negative)

Shivam Auto: Care revised outlook from 'Stable' to 'Negative'. (Negative)

Rashtriya Chemicals & Fertilizers: ICRA assigned credit rating on the company's long term bank facilities worth Rs 5,100 crore at AA with a negative outlook. (Negative)

Shree Renuka: India Ratings placed the company's Long-Term Issuer Rating of 'BBB+' on Rating Watch Negative (Negative)

Chris Wood cuts India weightage by 1% citing security risk (Negative)
By: via @AlliesFin Serve T.ME/ALLiESFiN

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*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...