India Daybook – Stocks in News
Berger Paints: UK Paints (India) acquires 50.092% stake in Berger Paints (Positive)
Aurobindo Pharma: Company receives an Establishment Inspection Report from US FDA for Andhra Pradesh unit (Positive)
Phoenix Mills: Company’s arm gets Rs 200 cr investment from Canada Fund (Positive)
Asain Paints: Company enters into technology tie-up with KBR (Kellogg Brown & Root) for manufacturing of Vinyl Acetate Monomer in India (Positive)
Wipro: Company signs pact with employee representatives on setting up a European Works Council (Positive)
Timken India: The company will be setting up new manufacturing facility at Bharuch (Positive)
Ircon: Co lowest bidder for Bahuti canal project work. (Positive)
NMDC: Core group of secretaries on disinvestment hold meeting relating to NMDC. (Positive)
Balrampur: Commences Commercial Production Of Industrial Alcohol At Maizapur Unit (Positive)
Bikaji: Goldman Sachs India Equity Portfolio acquired 17.45 lakh shares (Positive)
Waaree Technologies: Promoter Waaree ESS bought 4.64 percent stake in the company via open market transactions (Positive)
Hindalco: Aluminum Demand in India Remains Strong, Hindalco’s Pai Says (Positive)
Cholamandalam Financial: ICICI Prudential Mutual Fund under its various schemes bought 3.04 lakh shares (Positive)
Tera Software: The company has received work orders worth Rs 46.7 crore from Bharat Electronics (Positive)
Global Health: Nomura India Investment Fund via Mother Fund account bought 15 lakh shares (Positive)
Datamatics Global: Gets automation solutions deal from Premier Inc. (Positive)
Tata Power and Union Bank of India: Tie up to help MSME companies switch to solar (Positive)
Oil Upstream stocks: Export tax on Diesel cut to Rs 10.50/Ltr from Rs 13.0/Ltr (Neutral)
SBI: Bank signs €150 million agreement with KfW. (Neutral)
PayTM: Soft Bank to sell shares worth $215 m in Paytm via BlockDeal, base price at Rs 555/Sh (Neutral)
Coal India to Sell 50M Tons Via Auction in Oct.-March: PTI (Neutral)
FSN E-Commerce: Lighthouse India Fund III Limited offloaded 3 crore shares in Nykaa (Neutral)
Tata Motors: JLR CEO resigns for personal reasons, leaving on December 31, 2022 (Neutral)
Hind Zinc/Vedanta: HZL approves 2nd interim dividend of Rs15.50/Sh for FY23 amounting to Rs 6549.24 cr (Neutral)
HDFC: To Raise upto Rs 5500 Crores Via Bonds (Neutral)
CMS Info: Smallcap World Fund Inc bought 30.01 lakh shares in the company at an average price of Rs 333.05 per share (Neutral)
Oil upstream stocks: The government hiked the windfall tax on domestically produced crude oil to Rs 10200/Tonne from Rs 9500/Tonne.
By: via Allies Fin Serve Stock Market
