India Daybook – Stocks in News
Genus Power: Company has received a letter of award of Rs 2,247.37 crore for appointment of advanced metering infrastructure service providers. (Positive)
India Pesticides: Company is going to buy 11,461 square meters land adjacent to its existing Sandila plant for setting up a manufacturing unit of pesticides. (Positive)
ABFRL: Company has completed the acquisition of 29% stake in TCNS Clothing. (Positive)
Jet Airways: Jalan Kalrock Consortium on Thursday said it has deposited Rs 100 crore to Jet Airways, swiftly following NCLAT's nod for the airline's revival. (Positive)
Ajanta Pharma: Company receives final approval from US FDA for Topiramate Extended Release Capsules. (Positive)
ITD Cementation: Company bagged a marine contract worth Rs 3,290 crore, excluding GST. (Positive)
Gas distribution stocks: Centre slashes agriculture infrastructure and development cess on LPG imports from 15% to nil. (Positive)
Sula Vineyards: HDFC Mutual Fund, Morgan Stanley Asia Singapore Pte, Societe Generale, and Ghisallo Master Fund LP have purchased 7.06 percent stake. (Positive)
Medplus: Nippon India MF, Government of Singapore, Steadview Capital Mauritius and Fidelity Funds have picked 6.5 percent stake (Positive)
Cipla: Torrent Pharma has likely submitted a non-binding bid for Cipla. (Positive)
Network 18: Viacom18 bags TV and digital rights for Indian cricket team's home matches for five years: PTI. (Positive)
Gujarat Gas: Company hikes industrial gas price to ₹43.33/scm From ₹40.83/scm w.e.f Sep 1 (Positive)
Shakti Pumps: Company received an order from the Haryana Renewable Energy Department for the supply, installation, and commissioning of solar water pumping systems (Positive)
Zydus Life: Company has received final US FDA approval for Isotretinoin Capsules used for treatment of severe acne. (Positive)
Five Star: PE investors likely to sell stake up to 8.8% via block deals In Five Star Finance: Sources (Neutral)
Punjab National Bank: Bank hikes lending rates by 5 bps across tenures w.e.f. September 1, 2023 (Neutral)
Concor: The Government has appointed Sanjay Swarup as the Chairman & Managing Director of the company (Neutral)
Navneet Education: Company has received board approval for the composite scheme of arrangement, comprising amalgamation of subsidieries into Navneet Education. (Neutral)
NHPC: The government has extended the tenure of additional charge of CMD Rajeev Kumar vishnoi with effect from September 1 (Neutral)
Jio Financial Services: The stock will be removed from S&P BSE indices before trading starts on Sept. 1. (Neutral)
GlaxoSmithKline Pharma: The Assistant Commissioner of State Tax Maharashtra initiated a search at certain premises of the company. (Neutral)
ACC: BNP Paribas Arbitrage bought 22.9 lakh shares at Rs 2,006.73 per share. (Neutral)
Ashok Leyland: BNP Paribas Arbitrage sold 6.03 crore shares at Rs 183.83 per share. (Neutral)
Kesoram Industries: Euston Industries sold 25.2 lakh shares at Rs 89.69 per share. (Neutral)
Atul Auto: Promoters Prafullaben Jayantibhai Chandra sold 1.63 lakh shares (Neutral)
By: via Telegram.me/AlliesFin #StockMarket #india
