Tuesday 10 January 2023

Allies Fin Serve Stock Market's Post

*India Daybook – Stocks in News*


*Sona BLW:* The company will acquire a 54 percent stake in a Serbian company NOVELIC d.o.o. Beograd – Zvezdara (Positive)

*Bharti Airtel:* Airtel Africa acquires 4G, 5G spectrum for $316.7 million. (Positive)

*JSW Steel:* Company’s combined output in Q3 grows 17% to 6.24 MT, says report (Positive)

*Lupin:* Company gets approval from Spanish Government for reimbursement of Namuscla (Positive)

*Star Health:* The company reported a 13 percent YoY growth in gross direct premium for nine months of FY23 (Positive)

*KRBL/LT Foods:* Government considers lifting rice export curbs as supply improves: ET Sources. (Positive)

*Keystone:* Expect a lot of redevelopment in 2023-24 (Positive)

*Adani Ent:* International Holding Company, Gulf SWFs may go big on Adani Enterprises’ $2.5 billion FPO: ET Sources (Positive)

*Oil Marketing PSUs:* India's December fuel demand rises 3.1% year on year (Positive)

*Reliance Ind:* Arm Reliance Jio Infocomm has launched fifth-generation or 5G wireless services in 10 cities across 4 states (Positive)

*GHCL:* Receives requisite regulatory consent amendment for increase in its Soda Ash production capacity from 11 Lakh Ton Per Annum to 12 Lakh TPA (Positive)

*Tata Motors:* JLR sales for Q3: Wholesales in the quarter rose by 5.7% Vs Q2. (Neutral)

*IRB Infrastructure:* December total toll collection up 6% at Rs 388 c Vs Rs 365.9 cr (MoM). (Neutral)

*HDFC:* HDFC Capital achieves initial close for Scheme 2 of H-CARE 3 (Neutral)

*TCS:* Company reports 11% net profit jump in Q3, announces dividend of Rs 75 a share (Neutral)

*Star Health:* December Premium Up 16% (YoY) YTD Premium up 12.58% (YoY) (Neutral)

*Bilcare:* Ace investor Rekha Jhunjhunwala sold 1.35 lakh equity shares
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...