India Daybook – Stocks in News
*Eicher Motors:* Total RE sales are up 21% at 71,544 units vs 59,160 units (YoY) (Positive)
*Tata Motors/ SBI:* Have signed pact for financing solutions for Ace EV: Bloomberg (Positive)
*SML Isuzu:* Company’s total sales up 33% at 953 units vs 714 units (YoY) (Positive)
*Welspun Corp:* Company bags an order for export of LSAW pipes and bends to Middle East (Positive)
*KNR Constructions:* Company bags an order worth Rs 665 cr in Andhra Pradesh (Positive)
*Bajaj Finserv:* Company gets SEBI license to commence Mutual Fund business. (Positive)
*Hero Motocorp:* February sales at 394,460 unites versus poll of 390,000 units (Positive)
*Logistics stocks:* Baltic Dry Index Rises 11.01% to 1,099 in London, Up for a Ninth Day. (Positive)
*HAL:* Cabinet approves buying 70 HTT-40 Basic Trainer Aircraft from HAL for the Indian Air Force, worth Rs 6,828.4 cr (Positive)
*RVNL:* Company & JV partners emerges L1 for railway project of 200 trainsets; cost per set Rs 120 cr (Positive)
*CreditAccess:* IT Demand For AY19 Has Been Reduced From Rs 2,333 Crores To Rs 122.63 Crores Under Fresh Assessment (Positive)
*Dreamfolks Services:* The largest airport service aggregator platform has received board approval to acquire 60 percent equity shares of Vidsur Golf (Positive)
*Sunteck Realty:* The company has leased out 2 lakh square feet of built-up area of its premium commercial building Sunteck BKC51 to Upgrad Education for 29 years. (Positive)
*Bajaj Finserv:* Hercules Hoists Buys 185,000 Shares of Bajaj Finserv at Rs 1350 in Large Trade (Positive)
*L&T:* Govt approves buying 3 training ships from L&T for Rs 3,110 cr (Positive)
*Axis Bank:* Citi deal completed before deadline; have received overwhelming support from Citi customers (Neutral)
*Adani Ports:* Incorporates Its Wholly-owned Subsidiary, HM Agri Logistics (Neutral)
By: via Telegram.me/AlliesFin #StockMarket #india
