India Daybook – Stocks in News
*Samvardhan Motherson:* Signed long-term agreement with DICV for the supply of the complete frame assembly (Positive)
*PNC Infratech:* Company signs agreement for a Hybrid Annuity Model (HAM) project worth Rs 1,458 cr with (Positive)
*Equitas Holdings* shareholders approve scheme of amalgamation between company & Equitas SFB. (Positive)
*Kaveri Seed:* Massachusetts Institute of Technology bought one lakh shares or 0.14 percent stake. (Positive)
*Hatsun Agro:* SBI Mutual Fund bought additional 15.2 lakh shares or 0.7 percent stake in the company (Positive)
*NTPC:* Have entered into an agreement to supply Renewable Energy to Armed Forces. (Positive)
*Mahindra & Mahindra:* The company will drive in its first electric sports utility vehicle - XUV 400 - early next year. (Positive)
*Tata Power:* The company said it will set up a 100 MW solar power plant for Viraj Profile in Maharashtra (Positive)
*Websol Energy:* Says Jv to have pact with AMP Energy to sell up to 50% output (Positive)
*Alkem Labs:* Company gets US FDA nod for Tolvaptan (Positive)
*HDFC:* The private sector lender has mobilised Rs 3,000 crore from bonds to fund business growth (Neutral)
*Adani Group* Adani Group Debt Still a Concern But Researchers Soften Tone. (Neutral)
*Century Enka:* Life Insurance Corporation of India offloaded 4.46 lakh equity shares or 2.04 percent stake in the company.
*Rice exporters:* Government Levies 20% Export Duty On Non-Basmati Rice Effective Sept 9
*Nath Bio-Genes:* Authum Investment & Infrastructure has sold its entire 4.38 percent shareholding.
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