India Daybook – Stocks in News
Shriram Finance: Company secures $100 mn long-term funding from Asian Development Bank (Positive)
CSB Bank Q3: Gross advances up 25.74%, Deposits up 19% (YoY) (Positive)
Dabur: Company says transaction with Badshah Masala has been completed (Positive)
South Indian Bank Q3: Gross Advances up 18% at Rs 70,168 cr Vs Rs 59,226 cr (YoY) (Positive)
HFCL: Company receives Purchase Orders aggregating to Rs 95.38 cr from Reliance Projects & Property Management Services (Positive)
M&M Financial: Aided by the continued momentum, total loan disbursals in December rose 67% on year to Rs 4,650 crore (Positive)
ONGC: 'Sagar Samrat' starts Oil and Gas production in Arabian Sea (Positive)
Eicher Motors Royal Enfield Total sales at 68,400 units vs Nomura’s estimate of 65,000 units (Positive)
PSP Projects: Company declared lowest bidder for a Government project worth Rs 1,364.47 cr in Surat, Gujarat (Positive)
Nazara Technologies: India has proposed self-regulatory bodies for online gaming companies operating in the country. (Positive)
Likhita infra: Order book swells by another 120Cr (Positive)
Borosil: The company has commenced commercial production of opal ware glass at its Jaipur plant in Rajasthan. (Positive)
Safari Industries: Subsidiary Safari Manufacturing has successfully commenced its additional commercial production of luggage at Halol factory in Gujarat. (Positive)
Hind Zinc Q3 Biz Update: Mined metal output at 2.54 lakh tonne, up 1% YoY. (Positive)
State Bank of India, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (Neutral)
Karnataka Bank Q3: CASA at Rs 26,991.74 cr Vs Rs 24,549.42 cr, up 9.95% (Neutral)
Concor: December rail freight traffic stood at 130.7 million tonnes, up 3% YoY (Neutral)
Torrent Power: Company in talks with ReNew to buy 1.1GW clean energy capacity (Neutral)
Birlasoft: CFO Chandrasekar Thyagarajan resigns (Neutral)
State Bank of India: The lender’s board will meet to consider and approve raising of infrastructure bonds (Neutral)
Maruti Suzuki: December Production Down 18% To 1,24,722 Units.
Zee Ent: A petition has been filed under Section 9 of the Insolvency and Bankruptcy Code by the Indian Performing Right Society
Zomato: Co-founder and Chief Technology Officer Gunjan Patidar steps down
By: via Allies Fin Serve Stock Market
