*India Daybook – Stocks in News*
*Aurobindo Pharma:* Company gets exclusive rights for BioFactura's monoclonal antibody ustekinumab biosimilar (Positive)
*Zydus Life:* US FDA concludes pre-approval inspection with Zero observations for Ahmadabad-based formulation manufacturing facility at SEZ 2 (Positive)
*Gland Pharma:* Company gets USFDA nod for Fomepizole’s Abbreviated New Drug Application (Positive)
*RVNL:* Company emerges as lowest bidder for a NHAI project worth Rs 808.48 cr (Positive)
*HAL:* Ministry of Defence & HAL sign Rs 458 cr deal for two upgraded Dornier aircraft for Indian Coast Guard (Positive)
*Samvardhana Motherson:* To acquire Rollon Hydraulics for an equity value of Rs 103 cr (Positive)
*TVS Motor:* Company launched ‘Modern-Retro’ motorcycle in Indonesia (Positive)
*Sula Vineyards:* Company has recorded its highest ever Q1 net revenues overall as well as for Own Brands. (Positive)
*Reliance Industries:* Company sets July 20 as record date for Reliance Strategic Investments demerger (Positive)
*Prism Johnson:* Company to transfer limestone land parcels, mining lease in Andhra Pradesh to Ramco Cements (Positive)
*IRB Infra:* June toll revenue up 16.5% at Rs 383.3 cr vs Rs 329.1 cr (YoY) (Positive)
*Oil upstream stocks:* Oil prices climb to the highest in two months outweighing Fed rate hike (Positive)
*Max Ventures:* Max Estates'' first luxury residential project in NCR garners pre-formal launch sales of INR 1,800+ crores (Positive)
*Usha Martin:* SOCIETE GENERALE bought 16,59,466 shares at Rs 279.99/ share (Positive)
*IOC:*Board approves raising capital of up to Rs 22,000 crore via rights issue (Neutral)
*HDFC Bank:* Bank to replace HDFC Ltd on MSCI indexes. (Neutral)
*Reliance Industries:* Reliance Retail board approves equity capital reduction plan shares valued at Rs 1,362 apiece (Neutral)
*Vedanta:* Board approves acquisition of Vedanta Foxconn Semiconductors & Vedanta Displays (Neutral)
*Hindustan Zinc:* Company declares an interim dividend of Rs 7 per share (Neutral)
*Tata Motors:* Group global wholesales at 3,22,159 in Q1 FY24 (Neutral)
*Hindustan Zinc:* Company declares interim dividend of Rs 7 per share (Neutral)
*Adani Ent:* Company has completed acquisition of 29.81% stake of Stark Enterprise (Neutral)
*Spice Jet:* To Consider Raising Capital Via Equity And/Or Convertible Securities On Preferential Basis (Neutral)
*HDFC:* All existing F&O monthly and weekly contracts in the underlying HDFC contracts with expiry dates post July 12, 2023, shall expire on July 12, 2023 (Neutral)
*Som Distilleries:* Board approves fund raising through the issue of convertible equity warrants to promoters (Neutral)
*Suzlon:* Board has approved a proposal to raise up to Rs 2,000 crore (Neutral)
*Zee Ent:* NCLT hearing in the Zee-Sony Merger case set to resume (Neutral)
By: via Telegram.me/AlliesFin #StockMarket #india
