Tuesday 14 March 2023

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India Daybook – Stocks in News

*Lupin:* US FDA completes inspection of its Bioresearch Centre in Pune with no observations. (Positive)

*Krsnaa Diagnostics:* Krsnaa Diagnostics said it has operationalised 100 more Pathology Collection Centers (Positive)

*Tata Chemicals:* Fitch Ratings revised the outlook on the Company’s Long-Term Foreign-Currency IDR to Positive from Stable (Positive)

*Surya Roshni:* The company said it has obtained total order amounted to Rs 96.39 crore for supply 3LPE Coated steel pipes from Hindustan Petroleum (Positive)

*BL Kashyap:* The company has secured new orders from domestic unrelated clients aggregating to Rs 158 crore (Positive)

*Aurobindo Pharma:* Company gets US FDA nod for Lurasidone Hydrochloride used to treat symptoms of Schizophrenia (Positive)

*Dr Reddy’s:* Company gets US FDA nod for Icosapent Ethyl used to help control high triglyceride levels in the blood (Positive)

*Symphony:* Launch of personal cooling device ‘Duet Mini’ (Positive)

*NTPC:* NVVN has been nominated as the nodal agency to facilitate 4 GW power from Gas Based Power plants during peak summer (Positive)

*Mahindra CIE:* Promoter entity Mahindra & Mahindra sold 2.29 crore equity shares in the company (Neutral)

*Sona BLW:* Singapore VII Topco III Pte Ltd exited Sona Comstar by selling entire 11.99 crore equity shares (Neutral)

*GAIL India:* Company declared Interim Dividend Rs 4 per equity share for FY23 (Neutral)

*NALCO:* Company declared Interim Dividend Rs 2.5 per equity share for FY23 (Neutral)

*Sun TV:* Company declared Interim Dividend Rs 2.5 per equity share for FY23 (Neutral)

*HUDCO:* To Consider Annual Fund Raising Plan upto a max of Rs 18000 Crores (Neutral)

*Apollo Pipes:* To Consider Fund Raising Via Preference Issue/ Rights Issue/ QIP, etc (Neutral)

*IDBI Bank:* Bank hikes lending rates 10-15 bps across tenures (Neutral)

*Mahindra Logistics:* First Sentier Investors ICVC-SI Asia Pacific Sustainability Fund sold 6.46 lakh equity shares

*Dhanlaxmi Fabrics:* The company said it will be shutting its processing unit at Dombivali for 6-8 months as the 30-year-old factory need to go for a major renovation

*Data Patterns:* Board Approves Issue Period of Rs 1220.31/ Share
By: via Telegram.me/AlliesFin #StockMarket #india

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Bharat India Daybook Stocks in News *Jupiter Wagons:* Net profit at Rs 105 crore, Revenue at Rs. 1115 crore, up by 57 % YoY. (Positive) ...