Wednesday, 23 February 2022

@AlliesFin Serve Stock Market's Post

*India Daybook – Stocks in News*


*Tata Power:* Prayagraj Power Generation Company inks MoU with ZaaK Technologies for Upcycling Ash to Sustainable Sand Material (Positive)

*Hero Motocorp:* Joint hand with BPCL for smart EV infrastructure. (Positive)

*Wipro:* Company Invests in vFunction with aim of augment Cloud Services’ capabilities and advance cloud native modernization (Positive)

*Sigachi Ind:* Long Term rating to CARE A- from CARE BBB. (Positive)

*DBL:* Company has been declared as L-l bidder for the tenders floated by the NHAI on Hybrid Annuity basis in the state of Chhattisgarh. (Positive)

*SIS:* Company wins Rs. 225 crores contract from Mahanadi Coalfields. (Positive)

*Chambal:* Promoters bought 75k shares of the company. (Positive)

*Sun Pharma:* Taro to acquire Alchemee, formerly The Proactiv Co (TPC), from Galderma for $90 m (Positive)

*Nykaa:* The company informed that its litigation with L'Oreal S.A. has been settled (Positive)

*Capri Global:* Life Insurance Corporation of India has bought 1.5 lakh equity shares in the company via open market transactions (Positive)

*Crompton Consumer:* Company to acquire controlling stake in *Butterfly Gandhimathi.* Intends to acquire 26% equity shares via open offer at 1433.9/Sh (Positive)

*Elantas Beck:* Profit fell by 26 percent to Rs 16.60 crore versus Rs 22.55 crore profit (Neutral)

*HDFC:* Societe Generale on Tuesday offloaded shares of HDFC worth nearly Rs 1,730 crore through an open market transaction at an average price of Rs 2,436.8 apiece. (Neutral)

*Dhani Services:* Baillie Gifford Pacific Fund A Sub Fund of Baillie Gifford Overseas Growth Funds ICVC sold 94,32,397 equity shares in the company . (Negative)

*Mahindra CIE:* Profit fell 28 percent to Rs 80 crore versus compared to Rs 112 crore profit YoY (Negative)

*Carborundum:* HDFC Asset Management Company sold 1.1 lakh equity shares in the company (Negative)
By: via @AlliesFin Serve Stock Market

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