*India Daybook – Stocks in News*
*Bharti Airtel:* Company acquires an additional 20.6% stake in Lavelle Networks, post-acquisition Bharti Airtel will hold 45.6% in Lavelle Networks (Positive)
*ITC:* Company's FMCG business records 21% rise in annual consumer spend at Rs 29,000 crore in FY23 (Positive)
*Indoco Remedies:* Company's Goa facility (Plant III) gets EU GMP Certification from German Health Authority (Positive)
*M&M:* June Production up 19.1% at 64,063 units vs 53,788 units (YoY) (Positive)
*PVRINOX:* GST council reduces the tax on food and beverages served in cinema halls from 18 percent to 5 percent (Positive)
*Coal India:* Company said it will be developing rooftop and ground-mounted solar power projects of 600 MW capacity (Positive)
*Lupin:* Received the EIR from the United States Food and Drug Administration (Positive)
*Hindustan Oil:* The company has acquired the balance 50 percent shares of Geoenpro Petroleum Ltd (Positive)
*Sterlite Technologies:* The company announced its partnership with Windstream to support its large-scale fibre expansion projects (Positive)
*Adani Enterprises:* Company raises Rs 1,250 cr via NCDs (Neutral)
*J&K Bank:* Board to consider raising funds on July 15. (Neutral)
*Happiest Minds:* Launches QIP to raise funds with floor price of Rs 972 apiece (Neutral)
*Tatva Chinta:* Board of directors has approved capital raising up to Rs 200 crore (Neutral)
*Prataap Snacks:* The company has fixed July 27 as the record date for dividend (Neutral)
*Delta Corp / Nazara:* GST council taxed Casinos, race courses and online gaming at 28 percent GST on full face value.
*Plastiblends:* The company said its Q1FY24 profit was down 24 percent YoY at Rs 7.6 crore versus Rs 10 crore.
By: via Telegram.me/AlliesFin #StockMarket #india
