*India Daybook – Stocks in News*
*Bajaj Finance:* Customer franchise stood at 57.6 mn vs 48.6 mn YoY; New loans booked during Q4 stood at 6.3 mn (Positive)
*IRB Infrastructure:* The project of eight lane Vadodara Kim Expressway in Gujarat has received a Provisional Certificate (Positive)
*Max Healthcare:* SBI Funds Management acquired more than 1 crore equity shares in the company (Positive)
*Tata Consultancy Services:* Company has entered into a strategic partnership with Payments Canada to transform its payment system operations (Positive)
*AU Bank:* Deposits at +45.3%YOY & +18.1%QOQ AUM at +26.9%YOY & +13.8%QOQ (Positive)
*3i Infotech:* The company has secured a cloud transformation deal for its NuRe platform (Positive)
*OMCs:* Petrol and diesel prices hiked by 80 paise per liter. (Positive)
*BEML:* The state-owned entity achieved all-time record revenue from operations of over Rs 4,000 crore for financial year 2021-22. (Positive)
*SPIC:* The company said its plant at Tuticorin has resumed operations and production of urea resumed on April 2 (Positive)
*TWL:* Promoters bought 3 lakh shares of company (Positive)
*PCBL:* The company has commissioned power plant at Palej, in Gujarat with a capacity of 7.3 MW. (Positive)
*Stylam Industries:* CARE has upgraded credit rating on the company's long-term bank facilities to A with Stable outlook, from A- with Positive outlook (Positive)
*Vedanta:* Says FY22 Alumina Output Rose 7% Y/y; Iron Ore up 8% (Positive)
*Mahindra & Mahindra:* Says Mahindra Electric Introduces Alfa CNG Passenger, Cargo Variants (Positive)
*Hindustan Zinc:* 4Q Mined Metal Output Up 3% Y/y to 295,000 Tons (Positive)
*Glenmark:* Approves Repurchase of Outstanding Dollar Bonds (Positive)
*IndusInd Bank:* Net advances of Rs 2.39 lakh crore at the end of March 2022 quarter grew by 13 percent compared to year-ago period (Neutral)
*Federal Bank:* As of March 31, Total Deposits Up 5.3% Y/y, Gross Advances Up 9.5% Y/y and CASA Ratio at 36.94%. (Neutral)
*Wockhardt:* The board accepted the request of Deepak Madnani to relinquish his responsibilities as the Chief Financial Officer of the company (Neutral)
*Emami Realty:* India Ratings and Research has assigned and upgraded the credit rating of the company's long-term bank facilities at 'A-'/Stable. (Neutral)
SBI Card:* Private equity firm Carlyle Group will sell its entire stake in company for as much as Rs 2,558 crore. (Neutral)
*MOIL:* The company’s production in FY22 rose 8 percent YoY to 1.2 mt while sales were flat YoY at 1.2 mt. (Neutral)
*InterGlobe Aviation:* IndiGo has appointed RK Singh as Principal Advisor to Managing Director Rahul Bhatia with immediate effect (Neutral)
*Piramal Enterprises:* The company's subsidiary Piramal Pharma has acquired a further stake of 5.55 percent in Yapan Bio For Rs 20.35 crore (Neutral)
*Zomato:* CCI orders investigation against online food delivery platforms Zomato and Bundl Technologies, (Negative)
By: via @AlliesFin Serve Stock Market
