*India Daybook – Stocks in News*
*Tata Motors:* The company taps sovereign funds such as ADIA, Mubadala, PIF, as well as PEs Temasek, KKR, General Atlantic (Positive)
*Sonata Soft:* North America unit to acquire Quant Systems for an upfront payment of $65 million &will pay up to $95 million (Positive)
*HG Infra:* Company emerges as Lowest Bidder (L-1) for a project by Rail Vikas Nigam Limited (RVNL), HG Infra bid at Rs 466 cr (Positive)
*GSFC:* Gujarat Government appoints Raj Kumar as Chairman & Director of GSFC (Positive)
*Lemon Tree:* Company signs license pact for 47-room hotel in Bhopal (Positive)
*HeroMoto Corp:* Company initiates operations of its public charging infrastructure in Bengaluru, Delhi & Jaipur (Positive)
*Wipro:* Lab45 launches its Decentralized Identity and Credential Exchange (DICE) ID (Positive)
*Greaves Cotton:* Narasimha Jayakumar appointed CEO of Retail Business (Positive)
*Barbeque:* Acquires additional 54,829 Shares or 0.14% stake via open market purchase on 21-Feb (Positive)
*Sandur:* CEC has granted approval today, for enhancing the Company’s Mn Ore production from 2.86 lakh tonnes to 5.82 lakh tonnes (Positive)
*Sarda Energy:* South-Eastern Coalfields has issued Letter of Acceptance against Company’s bid for the Re-opening, Salvaging, Rehabilitation, Development and Operation of Kalyani Underground Mines (Positive)
*Elantas:* Gujarat Pollution Control Board has granted the Company, Consent to Operate for an additional capacity of approximately 25,000 MT/annum (Positive)
*Gujarat Gas:* Raises PNG price by Rs 1.5/scm to Rs 49.5/scm. (Positive)
*Adani Green:* Sri Lanka investment board approves $442 mln Adani Green wind power plants. (Positive)
*Biocon:* The company has fulfilled its payment obligation and has fully redeemed the commercial papers of Rs 2,250 crore (Positive)
*Tata Steel:* Company acquires 4.68 lakh shares of Neelachal Ispat Nigam (NINL) worth ₹300 cr on February 21 at a premium of ₹54/sh (Neutral)
*Mahindra CIE:* Cons loss at Rs 658 cr vs PAT of Rs 80 cr YoY, Cons revenue from ops at Rs 2,247 cr vs Rs 1,670 cr YoY (Neutral)
*Zee Ent:* NCLT admits IndusInd Bank's insolvency plea against Zee Entertainment
*Delhivery:* Internet Fund III sells Rs 1.23 cr shares of Delhivery (From Agencies)
By: via Telegram.me/AlliesFin #StockMarket #india
