India Daybook + Stocks in News
*Jubilant Pharmova:* API facility in Karnataka gets VAI status from USFDA. (Positive)
*Jindal Stainless:* iShares Core MSCI Emerging Markets ETF has bought 33.69 lakh equity shares (Positive)
*Kirloskar Oil:* A total of 10 investors have picked 13.65 percent stake in the company (Positive)
*Shriram Finance:* Small Cap World Fund Inc and New World Fund Inc purchased 70.98 lakh shares in Shriram Finance (Positive)
*Bharat Forge:* The leading forging company has announced its E-bike manufacturing facility at MIDC Chakan (Positive)
*Shoppers Stop:* Shiseido Asia Pacific Pte Ltd signed a strategic distribution partnership agreement with Global SS Beauty Brands (Positive)
*Ramkrishna Forgings:* The forging company has incorporated a wholly owned subsidiary - RKFL Engineering Industry (Positive)
*Data Patterns:* Data Patterns QIP worth Rs 450 cr launched on March 8. Upsize option up to Rs 500 cr, floor price at Rs 1,284.53/sh (Positive)
*HDFC Life:* February premium up 9%, retail APE up by 38 percent (Positive)
*Max Life:* February premium up 4%, retail APE up by 6 percent (Positive)
*Alembic Pharma:* Company announced that it has received final approval from the USFDA for Prazosin Hydrochloride Capsules (Positive)
*SeQuent Scientific:* The company has terminated the share purchase agreement to acquire 100 percent shareholding in Tineta Pharma (Neutral)
*ISMT:* R Poornalingam has resigned as an independent director of the company (Neutral)
*REC:* Board meet to Consider Proposal of Market Borrowing Programme for 2023–24 (Neutral)
*Vardhman Tex:* Board meet to Consider Fund Raising Via NCDs upto Rs 150 Crores (Neutral)
*SBI Life:* February premium up 7%, retail APE down by 0.2 percent (Neutral)
*ICICI Pru:* February premium down 1%, retail APE up by 7.0 percent (Neutral)
*Muthoot Fin:* Board meet to Consider Fund Raising Via NCD Issuance (Neutral)
*Power Grid:* Board meet to Consider Issue of Bonds (Neutral)
*KDDL:* Board meet to Consider Declaration of Interim Dividend (Neutral)
*Aptus:* Clarifies On Report Of Chola Invest Buying Controlling Stake. Says Company Not Part Of Any Negotiations Mentioned In The Report (Neutral)
*Adani Trans:* Promoter Creates Pledge On 0.76% Equity In Favour Of SBICAP Trustee On March-6 (Neutral)
*Adani Green:* Promoter creates pledge on 0.99% equity On March-6 (Neutral)
*Gokaldas:* Clear Wealth Consultancy Svcs LLP likely to sell 8.25% stake via block deal in Gokaldas Exports (Neutral)
*Adani Enterprises, Adani Power, and Adani Wilmar* have been placed under the short-term additional surveillance mechanism framework (Neutral)
*LIC:* February premium down 32%, retail APE fell by 3 percent
By: via Telegram.me/AlliesFin #StockMarket #india
