India Daybook Stocks in News
*NBCC:* Company gets project worth ₹2,000 crore from Kerala State Housing Board (Positive)
*3i Infotech:* Forms Strategic Partnership with InsureMO Offering PaaS to Enterprises (Positive)
*Tata Power:* Tata Motors Limited partners with Tata Power Renewable Energy Limited to develop a 12 MWp solar project at its Pune manufacturing facility (Positive)
*Nila Infra:* Company gets order for construction of 1694 dwelling units of total estimated development cost of INR 101.64 crores (Positive)
*Vedanta:* Zambia agrees to return of Konkola Copper mines to Vedanta Resources. (Positive)
*Exide:* Company's lithium-ion cell project secures Rs 2,000 crore line of credit from banks - Moneycontrol (Positive)
*Union Bank/Bank Baroda:* IREDA has signed MoUs with Union Bank of India and Bank of Baroda, to co-finance renewable energy projects. (Positive)
*Power Grid:* Company has won the inter-state transmission system project on build, own, operate and transfer basis in Rajasthan. (Positive)
*Gensol Eng:* The Board has approved a bonus issue in the proportion of 2:1 (Positive)
*Welspun Ind:* Company is looking at investing around Rs 300 crore in the immediate future (Positive)
*Patel Engineering:* Its joint venture has bagged a Rs 1,275.30 crore order in Madhya Pradesh (Positive)
*Hinduja Global Solutions:* Companyannounced a strategic partnership with the Government Digital Service (GDS) in the UK (Positive)
*NRB Bearings:* Mirae Asset bought Additional 31.94 Lakh Shares or 3.296% Stake via Open Market On 4-September (Positive)
*SBI Card:* Company adds new features to AURUM super premium credit card (Neutral)
*Jio Financial:* Company to exit Nifty 50, other indices from September 7 (Neutral)
*Syrma SGS:* Completes Acquisition of Majority Stake in Johari Digital Healthcare Limited (Neutral)
*Bikaji Foods:* Lighthouse India Fund offloaded 1.3 percent stake while Plutus Wealth Management LLP has bought 13.5 lakh shares. (Neutral)
*Safari Ind:* SBI Life Insurance Company has bought Rs 77.38 crore worth shares in Safari Industries. (Neutral)
*HDFC AMC:* Amaresh Jena has resigned as Head – Marketing of the asset management firm, with effect from September 8 (Neutral)
*ZEEL:* The lender has moved the National Company Law Appellate Tribunal (NCLAT) against the order for allowing merger with Culver Max Entertainment. (Neutral)
*Jubilant Ingrevia:* Commercial Paper of Rs. 175 Crores issued on July 14, 2023, has been fully redeemed by the Company. (Neutral)
*Mangalore Chem:* Promoter Pledge Additional 10 Lakh Shares (Neutral)
*Nazara:* Company to consider and approve Preferential issue of shares (Neutral)
*Kernex Micro:* To Consider & Approve Raising of Funds Via Preferential Issue. (Neutral)
*Sterling and Wilson:* India Ratings and Research has downgraded the long term issuer rating to ‘IND BB-’ for the Company’s long term fund and non-fund facilities
*Usha Martin:* Promoter Usha Martin Ventures Sold 2 Lakh Shares via Open Market
By: via Telegram.me/AlliesFin #StockMarket #india
