India Daybook – Stocks in News
Kirloskar Ferrous: The company has completed the upgradation of its mini blast furnace II at the Koppal plant in Karnataka.. (Positive)
Marksans Pharma: The company said will hold a meeting on July 8 to consider the proposal for share buyback. (Positive)
HDFC Twins: HDFC gets No objection certificate from RBI to merge with HDFC Bank in India's biggest-ever M&A. (Positive)
TCS: US court trims fine on TCS to $140 million in Epic Systems suit (Positive)
Steel Strips: Board to meet on July-19th - To consider stock split (Positive)
Tata Motors: Tata Sons highlights how the demand in the overall passenger EV market has risen. (Positive)
Emami: Raises stake in Brillare has been from 72.02% to 77.53%. (Positive)
Marico: Company has now acquired an additional stake of 4.14% of the equity capital of Apcos Naturals. (Positive)
Adani Ent: We are poised to embark on an journey with investments in the futuristic energy value chain, airports, roads, and materials like copper & petrochemicals. (Positive)
Titan said that the outlook for its jewellery segment in the ongoing fiscal, and the medium term, is "positive. (Positive)
Vedanta: The company in its BSE filing said its alumina production in Q1FY23 at Lanjigarh refinery increased marginally YoY to 4.85 lakh tonnes, up 1 percent YoY. (Neutral)
NMDC, MMTC, Tata Steel: Tata Steel has completed the acquisition of a 93.71 percent stake in Neelachal Ispat Nigam (Neutral)
Kotak Mahindra Bank: The RBI has imposed a penalty of Rs 1.05 crore for non-compliance of certain norms. (Neutral)
IndusInd Bank: The RBI has imposed a penalty of Rs 1 crore for compliance deficiency. (Neutral)
Tech M: Opens Campus In Coimbatore, Aims To Hire 1,000 (Neutral)
Cipla: Received 2 observations on FDA Form 483 with respect to ANDA filed for the product to be manufactured at Indore plant. (Neutral)
South Indian Bank: Total Deposit 88202cr vs 84611cr, up 4% YoY (Neutral)
Beema Cements: Promoters proposed to sell 48.91 lakh shares or a 15 percent stake through offer for sale.
Restaurants stocks: Restaurants and hotels must expressly tell customers that the service charge is optional, voluntary, and at the customer's discretion.
Steel Stocks: Steel companies have cut prices of steel products according to media sources
RBL Bank: Total deposits grew 6% on YoY basis, while it remained flat on QoQ basis
By: via @AlliesFin Serve Stock Market
