India Daybook – Stocks in News
SMS Life: The USFDA has completed an inspection of the company's API manufacturing facility located at Telangana without any observations. (Positive)
Seamec: The company along with consortium partner Posh India Offshore has entered into an understanding with infrastructure major Larsen & Toubro (Positive)
RITES: In Pact with IIT- Delhi for Road Design, Safety Projects (Positive)
CARE: Nippon India Mutual Fund increased its shareholding in rating agency CARE Ratings, acquiring a fresh 5,17,281 equity share (Positive)
Tata Steel: The NCLT has approved the Resolution Plan submitted by for the acquisition of Rohit Ferro-Tech (Positive)
Shoppers Stop: The company has completed the further sale of 19.50 percent of its stake in Crossword Bookstores. (Positive)
Wipro: The company has appointed Anis Chenchah as CEO for 4 regions. (Positive)
Bandhan Bank: Housing Development Finance Corp. Sold 49.63m Shares of Bandhan, Society General Buys 19.08m shares: BSE. (Neutral)
* Indian Oil:* Drunk Airplane Maintenance Staff Found in India Crackdown (Neutral)
IDBI: RBI Imposes INR9m Monetary Penalty on IDBI Bank. (Neutral)
Axis Bank: Reserve Bank of India Imposes Inr9.3M Penalty on Axis Bank (Neutral)
Tata Motors: JLR continued to face the risk of global semiconductor shortage, as its retail sales fell sharply by 36 percent (Neutral)
Dr Reddy's: The company will execute an amalgamation scheme with the promoter group on April 22. (Neutral)
GTPL Hathway: Profit declined 4.3 percent to Rs 54.5 crore and revenue fell 17.5 percent to Rs 617.3 crore (Neutral)
Uma Exports: Purple Entertainment sold 2,07,583 equity shares at an average price of Rs 83.75 per share (Negative)
By: via @AlliesFin Serve Stock Market
