India Daybook – Stocks in News
Mavana Sugar: Company resumed operations at its Nanglamal Complex Distillery (Positive)
Kalyan Jewel: Company said that recent demand trend continues to remain strong (Positive)
Saregama: The music label giant will acquire 51.8 percent shares in digital entertainment company Pocket Aces Pictures (Positive)
SBI Life: Company has received board approval for the appointment of Amit Jhingran as the MD & CEO (Positive)
Infosys: Company launched ICAC to catalyse digital transformation of commercial airline industry. (Positive)
Godrej Agrovet: Company enters into a Strategic Partnership Agreement with Sime Darby Plantation Berhad (Positive)
Emami: Company to acquire 26% of shareholding of Axiom Ayurveda (Positive)
Sun Pharma: Company to acquire the balance 25% outstanding shares of Sun Pharma de México for MXN $161.85 million (Positive)
NLC India: Company to set up 3x800 MW Coal based Thermal Power Project in Odisha. (Positive)
Uno Minda: Company to increase stake in its JV with Westport to 76% from 50% for Rs 14.81 Cr (Positive)
Chola Investment Finance: Company launches up to Rs 2,000 cr QIP, indicative price is Rs 1,180/sh. (Positive)
Dr Reddy's Labs: Unit incorporated wholly-owned subsidiary Dr Reddy's Labs Jamaica for $3 mn (Neutral)
Yes Bank: Company acquires shares of YES Securities having face value of Rs 10 at a premium of Rs 47.75/sh (Neutral)
Piramal Pharma: Both USFDA observations relate to system improvement only, & none are related to data integrity (Neutral)
Pidilite Industries: Subsidiary acquired up to a 20% stake in toymaker Imagimake Play Solutions for Rs 20 crore (Neutral)
Happiest Minds: Ashok Soota’s holding comes down to 50.13% from 51.24%. (Neutral)
Adani Green/Adani Energy: IHC in pact to dispose of investment in Adani units: Agencies (Neutral)
Bajaj Finserv: Company appointed Ramaswamy Subramaniam as president of private equity. (Neutral)
Navin Fluorine: Radhesh R Welling resigns as Managing Director of the company.
Tamilnad Mercantile Bank: S Krishnan has resigned as Managing Director and CEO of the bank
MCX: SEBI advises the exchange to keep the proposed go-live of Commodity Derivative Platform in abeyance.
KIOCL: Company suspended its operations at the Mangalore pellet plant due to the non-availability of iron-ore fines and other maintenance activities.
Yatra Online: Societe Generale sold 13.3 lakh shares (0.85%) at Rs 136.12 per share
By: via Telegram.me/AlliesFin #StockMarket #india
