Tuesday 17 January 2023

Allies Fin Serve Stock Market's Post

*India Daybook – Stocks in News*


*Siemens:* Company signs contract with Indian Railways for a 26,000 cr locomotive project to deliver 1,200 electric locomotives. (Positive)

*NTPC:* Renewable Energy signs MoU with Tripura Govt for renewable energy development (Positive)

*Phoenix Mills:* Subsidiary completes acquisition of Janus Logistics for Rs 26 cr (Positive)

*Sula Vineyards:* Quant mutual fund bought 10 lakh shares in company (Positive)

*Tata Metaliks:* MS Singapore bought 1.98 lakh shares in company (Positive)

*Hi Tech Pipes:* Quant mutual fund bought 2.0 lakh shares in company. (Positive)

*Tata Motors:* The company, which crossed 5 lakh cumulative wholesale sales mark in 2022 (Positive)

*Wheels India:* Company starts exports of wheels with advanced flow form technology (Positive)

*Spencer’s Retail:* Company forays into new hypermarket format (Positive)

*Bank of Baroda:* Government extends the term of Sanjiv Chadha as MD & CEO until June 30, 2023 (Neutral)

*NALCO:* To Consider Interim Dividend today (Neutral)

*Adani Enterprises':* Saab scraps agreement with Adani to build fighter aircraft in India (Neutral)

*Energy stocks:* Special additional excise duty (SAED) on Crude cut to Rs 1,900 from Rs 2,100/Tonne (Neutral)

*PNB Housing:* Company to consider raising up to Rs 2,000 cr via NCDs on Jan 24 (Neutral)

*M&M:* Company launches its first C-Segment Electric SUV, the XUV400; starting at Rs 15.99 lakh (Neutral)

*Maruti Suzuki:* The company has transported over 3.2 lakh vehicles using Indian railways (Neutral)

*Samvardhan Motherson:* Sojitz Corporation likely to sell upto 1.6% stake in Samvardhana Motherson via Block Deal

*V Mart:* Fire accident occurred at V-Mart's store at Kanpur

*JSW Ispat:* Net loss of Rs 98 cr Vs loss of Rs 27 cr, Revenue down 25.2% at Rs 1,102.1 cr Vs Rs 1,473.2 cr (YoY)

*Kesoram:* Net loss at Rs 47.98 cr Vs loss of Rs 31.97 cr, Revenue up 12.6% at Rs 986.1 cr Vs Rs 876 cr (YoY)

*Tinplate:* The company has recorded a 62 percent year-on-year decline in profit at Rs 36.4 crore
By: via Allies Fin Serve Stock Market

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*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...