Friday, 2 September 2022

@AlliesFin Serve Stock Market's Post

*India Daybook – Stocks in News*


*BEL: Company signs MoU with Smiths Detection to manufacture high-energy scanning systems (Positive)

*Tech Mahindra:* Company and Tada Cognitive partner for supply chain solution (From Agencies) (Positive)

*UPL:* Company appoints Mike Frank as CEO of UPL’s Global Crop Protection (CP) business that manages all CP assets outside of India. (Positive)

*Hindustan Zinc:* DIPAM issues RFP for Engagement of Legal Advisor for stake sale in Hindustan Zinc. (Positive)

*JHS:* Consider Fund Raising Via Equity Shares or Warrants on Preferential Basis. (Positive)

*Veranda:* Wholly Owned Subsidiary signed up the Delivery Partner (DP) for its 100th centre in India and the first one in Indore (Positive)

*Ramco System:* Selected by General Atomics Aeronautical Systems, Inc, the world leader in unmanned aerial systems (Positive)

*SIS:* Signs Share Purchase Agreement for acquisition of 85% shareholding in Safety Direct Solutions (Positive)

*Kernex:* North Central Railway issues Letter of Acceptance to KERNEX-KEC Consortium for project of Rs 255.22 cr (Positive)

*Gallant Pharma:* Will be transferred from “T” to “B” group effective from September 5. (Positive)

*Dodla Dairy:* Ashoka India Equity Investment Trust Plc acquired 5,10,300 equity shares. (Positive)

*RattanIndia Power:* The company said the board of directors appointed Rajiv Rattan as an Executive Chairman of the company. (Positive)

*GMDC:* The state-run minerals firm said it is contemplating to conduct a study to determine the economic viability of setting up a rare earth elements processing unit in Gujarat. (Positive)

*LIC* intends to increase market share of non-PAR business (Positive)

*JSW Steel* arm Inversiones Eurosh Limitada to sell 70% stake held in Chile-based Santa Fe Mining to Diego Calvo SpA (Positive)

*NACL Industries:* Re-appoints M. Pavan Kumar as MD & CEO. (Neutral)

*Eicher Motors:* Total sales at 70,112 units vs Nomura estimate Of 70,000 units (Neutral)

*TVS Motor:* Total sales at 3.33 lakh units Vs Nomura estimate of 3.26 lakh units. (Neutral)

*Mahanagar Gas:* Company appoints MV Iyer as Chairperson with effect from September 1 (Neutral)

*Suven Pharma:* To Consider Declaration of Interim Dividend. (Neutral)

*GMR Infra:* To Consider fund raising of upto Rs 6000 Crores in one or more tranches vis QIP/ FCCBs. (Neutral)

*Hero Motocorp:* Sold 462,608 Units of Motorcycles & Scooters in August. (Neutral)

*Auro Pharma:* Subsidiary CuraTeQ Biologics To Invest Up To Rs 300 Cr In Capacity Expansion. (Neutral)

*Infosys:* Completes Acquisition of Life Sciences Consulting and Technology Leader, BASE life science (Neutral)

*Adani Enterprises:* Adani Enterprises will replace Shree Cement in the Nifty50 index with effect from September 30 (Neutral)

*Liquor stocks:* Delhi private liquor shops to close from Thursday, 300 govt vendors to take over retail sale (Neutral)

*NTPC:* Company gets shareholders' nod to raise up to Rs 12,000 cr via bonds (Neutral)

*ACC:* Yatin Malhotra resigns from position of CFO (Neutral)

*Aviation Stocks:* Jet fuel (ATF) price cut by 0.7% to ₹1.21 lk/kl from ₹1.22/kl in Delhi (Neutral)

*NMDC:* August production down 19% at 2.48 mt Vs 3.06 mt (YoY) (Negative)

*Route Mobile:* Promoter Sunita Sandip Gupta has offloaded 6.75 lakh shares in the company (Negative)

*Mahindra Logistics:* First Sentier Investors ICVC Stewart Investors Asia Pacific Sustainability Fund sold 3,68,238 shares (Negative)
By: via @AlliesFin Serve Stock Market

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