*India Daybook – Stocks in News*
*Spandana:* Net profit at Rs 119.5 cr vs loss of Rs 219.8 cr (YoY) NII at Rs 312.2 cr vs Rs 153.5 cr (YoY) (Positive)
*Relaxo Footwear:* Net profit at Rs 56 crore, up 46 percent. EBITDA stood at Rs 108 crore; margins at 14.6 percent up by 165 bps YoY (Positive)
*JK Paper:* Net profit at Rs 308.7 crore, up 18 percent. EBITDA stood at Rs 532 crore; up by 16 percent YoY (Positive)
*SJVN:* Company has bagged five hydro power projects totalling 5097 MW in Arunachal Pradesh's Dibang Basin (Positive)
*Wipro:* Company and Pure Storage Collaborate for Data Storage & Data Centres (Positive)
*Usha Martin:* Sixteenth Street Asian Gems Fund bought 16.5 lakh equity shares. (Positive)
*Torrent Power:* Company will foray into the electric mobility infra sector (Positive)
*AstraZeneca:* DGCI has granted permission to the company to import pharmaceutical formulations of Dapagliflozin tablets of dosage 10 mg (Positive)
*Reliance:* Company to invest Rs 378 crore in #Mercury Holdings, a Brookfield-Digital Realty JV (Neutral)
*Shoppers Stop:* Net Profit down 36.4% at Rs 14.5 cr vs Rs 23 cr, Revenue up 4.8% at Rs 993.6 cr vs Rs 948.4 cr (YoY) (Neutral)
*Tata Steel:* Net profit at Rs 524.9 cr vs poll of Rs 162 cr, Revenue at Rs 59,489.7 cr vs poll of Rs 57,958 cr (Neutral)
*LIC Housing:* Company has fixed August 18 as the record date for the eligibility of members for payment of the final dividend (Neutral)
*Maruti Suzuki:* Company has recalled 87,599 vehicles of S-Presso and Eeco models due to a possible defect in a part of the steering tie rod. (Neutral)
*Vedanta:* Company’s application under government's Modified Semi-Scheme for fab manufacturing is under consideration for approval. (Neutral)
*Lloyds Metals:* Om Hari Halan sold 35 lakh shares (0.7%) at Rs 560.93 apiece (Neutral)
*Coffee Day Enterprises:* Company said it was admitted for corporate insolvency by the Bengaluru bench of the NCLT.
*Chennai Petro:* Net profit at Rs 548.3 cr, down 76.8 percent. Revenue seen at Rs 14744.0 cr, down 36.3 percent.
*DCM Shriram:* Net profit fell nearly 78% to Rs 57 crore, while revenues were flat at Rs 2,937 crore.
By: via Telegram.me/AlliesFin #StockMarket #india
