India Daybook – Stocks in News
*RVNL:* Company gets order worth Rs 166 cr from Gujarat Metro (Positive)
*MTAR Technologies:* Nippon Life India Trustee bought 30,011 equity shares or 0.097 percent stake in the company (Positive)
*Kewal Kiran Clothing:* KKCL announced strategic partnership with BCCI as the Indian Cricket Team's 'official partner'. (Positive)
*Godrej Agrovet:* The company will be setting up an edible oil processing plant in Khammam district in Telangana (Positive)
*RHI Magnesita:* The company has received approval from BSE and NSE for acquisition of refractory business of Dalmia Bharat Refractories for Rs 1,708 crore (Positive)
*Equitas Small Finance Bank:* The bank's gross advances rose 27% YoY to Rs 24,923 crore as on December (Positive)
*Precision Wires:* The board of directors will be meeting to consider a proposal to raise funds through issue of equity shares. (Positive)
*RPP Infraprojects:* The company’s board will meet to consider and approve raising funds through issue of one or more instruments, including equity shares. (Positive)
*Reliance Ind:* Manchester City partners with Jio Platforms Delhi (Positive)
*Ambuja Cements:* Incorporates wholly-owned subsidiary - Ambuja Resources Ltd. (Neutral)
*Mukand:* The company completed the transfer of 45.94 acres of the land at Kalwe / Dighe facility in Thane District. (Neutral)
*IDBI Bank:* SEBI says new IDBI owner to meet public holding rules in one year (Neutral)
*Dharmaj Crop:* The agrochemical company has approved resignation of Vishal Domadia from the post of Chief Financial officer (Neutral)
*Aster DM:* Sreenath Pocha Reddy, Group Chief Financial Officer and key managerial personnel of the company has tendered his resignation (Neutral)
*Larsen & Toubro:* Subsidiary L&T Realty Developers has entered into an agreement to sell entire stake of 99 percent in its subsidiary Think Tower Developers (Neutral)
*Tata Motors:* Subsidiary Jaguar Land Rover's sales in the UK fell 12.5% YoY in December to 3,501 units (Neutral)
*Bajaj Finserv:* The company's subsidiary Bajaj Allianz General Insurance Co Ltd's gross direct premium underwritten stood at Rs 1,209 crore in December (Neutral)
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