India Daybook – Stocks in News
*Siemens India:* Lowest bidder for 9000 HP electric locomotives project at Dahod, Gujarat (Positive)
*Jindal Stainless:* Quant Mutual Fund Buy 26,30,000 Shares at Rs 182.97/ Share (Positive)
*Bikaji Foods:* The company has reported a 43.5 percent year-on-year growth in consolidated profit after tax of Rs 40.92 crore YoY (Positive)
*Dynacons Systems:* The company has received a Rs 116 crore private cloud solution order from Union Bank of India (Positive)
*Ircon:* Company has received an order for signalling and telecommunication system from Sri Lanka Railways (Positive)
*IDBI Bank:* Centre to allow foreign funds to own over 51Percent in IDBI Bank (Positive)
*J&K Bank:* Company announced its partnership with Maruti Suzuki to ease car loan facilitation (Positive)
*Veritas:* Swan Energy bought additional 6.6 lakh shares in the company at an average price of Rs 152.15 per share (Positive)
*Hinduja Global:* Hinduja Tech acquires Drive System Design; to expand eMobility services (Positive)
*Delta Corp* is on track to see robust performance in H2FY23, says chairman Jaydev Mody (Positive)
*Krsnaa Diagnostics:* Commences Operation At 1 Of 8 Diagnostics Centres Under UP CT Scan Project (Positive)
*Vedanta:* Company is considering raising up to Rs 500 crore through debentures (Neutral)
*Ugro Capital:* The company said its board will meet on December 9 to consider raising funds via the issuance of market-linked non-convertible debentures (Neutral)
*Craftsman:* Investor Marina III Pte Limited exited by selling the entire shareholding of 11.56 lakh shares (Neutral)
*New Delhi Television:* Vikasa India EIF I Fund pared more stake in NDTV via open market transactions as it sold 4.71 lakh shares (Neutral)
*Sapphire Foods:* Investor Fennel Private Limited sold 6.01 lakh shares or 0.94 percent stake in the company
*HDFC AMC:* Investment firm and promoter abrdn Investment Management plans to sell its entire 10.21% stake in the mutual fund player
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