India Daybook – Stocks in News
VST Tillers Tractors: Company and HTC Investments (owner of Zetor Brand) partner to bring in best-in-class tractors for farmers in India (Positive)
Sasken Technologies: Company collaborates with Qualcomm through IoT Accelerator Program (Positive)
Varroc Engineering: Varroc Polymers signs pact with AMP Energy C&I Six & AMP Energy C&I Five for establishing Renewable Power Plants in Karnataka and Tamil Nadu (Positive)
ADF Foods: Balark Banerjea appointed President Indian Domestic Business (Positive)
Raymond: Company to invest up to Rs. 301 crore in subsidiary Ten X Realty (Positive)
Adani Ent: IHC has increased its stake in Adani Enterprises Ltd to above 5% (Positive)
Avenue Supermarts Q2: Standalone Revenue from operations at Rs 12,308 cr, up 18.5% YoY (Positive)
Nestle: Board to meet on Oct 19 to mull stock split of shares (Positive)
Tata Motors: Tata Tech files addendum to DRHP with SEBI (Positive)
JSW Infra: Moody's upgrades JSW Infrastructure's ratings;. (Positive)
Lupin: Company introduces patient support program for diabetes: Agencies (Positive)
ENIL: Gets license to operate radio channel frequency for a period of 5 years in Bahrain: Agencies (Positive)
Bajaj Finance: Q2 AUM up 33% at ₹2.90 lk cr vs ₹2.18 lk cr (YoY). (Positive)
Strides Pharma: Company received approval from the USFDA for its icosapent ethyl capsules (Positive)
Titagarh Rail: Company has secured a contract with the Gujarat Metro Rail Corporation Ltd (GMRC) to manufacture 72 standard gauge cars (Positive)
South Indian Bank Q2: Gross advances up 10.3% (YoY) at Rs 74,975 cr Vs Rs 67,963 cr (Neutral)
Hero MotoCorp: Company set to commence deliveries of its first co-developed premium motorcycle Harley-Davidson X440 on the first day of the Navratri, i.e., 15th October 2023. (Neutral)
IDFC First: Bank has launched QIP to raise up to ₹3,000 Cr, indicative issue price for QIP is ₹90.25/sh (Neutral)
Vedanta Q2: Total aluminium production up 2% at 594 kt vs 584 kt (YoY) (Neutral)
Yes Bank: Provisional loans & advances grew 9.5%; provisional deposits grew 17.2% YoY (Neutral)
V-Mart Retail: Total revenue from ops in Q2 at Rs 549 crore, up 8 percent YoY. (Neutral)
HDFC Bank: Revamps top management after mega merger. (Neutral)
Mahindra Finance: Company disbursed Rs 4,500 crore in September, up 11 percent YoY. (Neutral)
ICICI Bank: Raises Rs 4,000 crore via bonds to fund business growth. (Neutral)
Maruti Suzuki: Company gets draft assessment order from Income Tax Authority amounting to Rs 2,160 crore (Neutral)
Maruti: September total production down 1.1% at 1.75 lakh units vs 1.77 lakh units (YoY)
Bajaj Finserv: Company’s arm BAGIC gets show cause cum demand notice from DG Of GST Intelligence, Pune alleging a tax demand of Rs 1,010 cr
By: via Telegram.me/AlliesFin #StockMarket #india
