Monday 19 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*India Daybook – Stocks in News*

*HAL:* GE-HAL deal to pave the way for 80% transfer of technology of jet engines by value: media (Positive)

*HDFC Bank:* Reserve Bank of allows the bank to hold Commercial Papers issued by HDFC Limited till their maturity (Positive)

*Gufic Biosciences:* Company gets National Medical Products Administration, China approval for Prilocaine (Positive)

*Axis cades:* Company to acquire GmBH, Germany (Positive)

*Castrol:* Company announces alliance with Mahindra Insurance Brokers (Positive)

*Steel companies:* India mulls imposing countervailing duty to check dumping of steel products (Positive)

*Skipper:* Company wins fresh orders worth Rs.1135 Crores from Domestic & International Market’ (Positive)

*ABB:* Kanpur Metro deploys ABB India’s Electrification solutions for reliable power control and distribution (Positive)

*Wipro:* Expands its Immersive Innovation Experiences with the Launch of Energy and Utilities with Microsoft (Positive)

*JBM Auto:* Company is top contender to acquire controlling stake in SML Isuzu: media. (Positive)

*TVS Shrichakra:* TVS Eurogrip Tyres makes a mark at Latin Tyre & Auto Parts Expo in Panama (Positive)

*Electronics Mart India:* Company has commenced the commercial operation of a new Exclusive Brand Outlet (Positive)

*Dr Reddy:* USFDA completed a GMP inspection at API manufacturing facility in Bollaram, Hyderabad (Positive)

*IKIO Lighting:* Quant Mutual Fund via Quant Quantamental Fund has acquired 6.01 lakh shares and Quant Multi Asset Fund bought 6.02 lakh shares. (Positive)

*IIFL Finance:* DSP Mutual Fund has bought 50 lakh equity shares. (Neutral)

*Kalpataru Projects:* Board to consider raising funds via NCDs. (Neutral)

*PNB Housing Finance:* Board to consider raising funds worth Rs 5,000 cr (Neutral)

*Axis Bank:* Board appoints NS Vishwanathan as Non-Executive (Part-time) Chairman for 3 years (Neutral)

*Bharti Airtel:* Company mulls offshore bond issue to raise $1 bn. (Neutral)

*PFC:* Incorporation of a Special Purpose Vehicle {SPY} for development of Independent Transmission Projects. (Neutral)

*Tata Steel:* Company plans Rs 16,000 crore consolidated capex in FY24 (Neutral)

*Oil upstream companies:* Windfall Tax on petroleum crude, ATF, Diesel, Petrol continues to be nil (Neutral)

*Adani Enterprises:* Subsidiary has signed a Share Purchase Agreement for proposed acquisition of 100 percent stake in Stark Enterprises (Neutral)

*Kalyan Jewellers:* Highdell Investment, owned by private equity firm Warburg Pincus, has sold partial stake in company through open market transactions (Neutral)

*Aavas Financiers:* Foreign portfolio investor Small Cap World Fund Inc has offloaded 7.08 lakh equity shares
By: via Telegram.me/AlliesFin #StockMarket #india

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*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...