India Daybook Stocks in News
*BGR Energy:* Company gets order worth Rs 112.75 crore from Mangalore Refinery and Petrochemicals. (Positive)
*Ircon:* Company granted 'Navratna' status by government. (Positive)
*Maruti Suzuki:* To Consider Issuing Shares Other Than Cash For Acquiring Suzuki Motor Guj (Positive)
*Citi Gas Companies:* Govt: City gas 12th bid round to cover 5 states, 2 Union territories (Positive)
*Venus Remedies:* Company launched antibiotic formulation Elores in Ecuador (Positive)
*Aviation Stocks:* Air passenger traffic grows 18.3% to 1.22 crore in the month. (Positive)
*SJVN:* Company’s arm gets LoA for development of 100 MW solar project worth of Rs 600 crore. (Positive)
*Tata Motors:* CJ Darcl Logistics signs accord with company: Bloomberg. (Positive)
*IDBI Bank:* Fairfax, Kotak Bank, Avenue Capital among preferred bidders for IDBI Bank. (Positive)
*Sun Pharma:* Company says CEQUA phase 4 data showed sustained improvement: Bloomberg (Positive)
*Kesoram:* Revenue seen at Rs 954 crore versus Rs 845 crore, EBITDA seen at Rs 216 crore versus Rs 138 crore. (Positive)
*GMR Airports:* September passenger traffic at GMR Airports at 94.16 lakh, up 23% year-on-year (Positive)
*IRB Infra:* Executes definitive agreements to implement Samakhiyali Santalpur BOT project (Positive)
*Lupin:* Receives Tentative Approval from U.S. FDA for Calcium, Magnesium, Potassium, and Sodium Oxybates Oral Solution (Positive)
*SJVN:* Subsidiary has received the LOA at a tariff of Rs 2.62 per unit, for the development of a 100 MW solar power project (Positive)
*Gokaldas:* Catamaran Ventures buys 1.12% stake in Q2 (Positive)
*Zaggle Prepaid:* Company enters into a growth agreement with Visa Worldwide (Positive)
*Mahindra Life:* Acquires 5.38 acres of land parcel At Wagholi, Pune (Positive)
*Mphasis:* Company’s arm acquires US-based Sonnick Partners for $132.5 m (Neutral)
*PayTM:* RBI imposes monetary penalty of Rs 5.39 crore on Paytm Payments Bank. (Neutral)
*HCL Tech:* Rupee Revenue reported at Rs 26672 crore versus poll of Rs 26821 crore, Net profit reported at Rs 3830 crore versus poll of Rs 3760 crore (Neutral)
*Infosys:* Rupee Revenue reported at Rs 38994 crore versus poll of Rs 38425 crore, Net profit reported at Rs 6210 crore versus poll of Rs 6225 crore. (Neutral)
*Infosys:* Company cut Revenue guidance to 1%-2.5% versus estimates of 1.0% (Neutral)
*Vedanta:* Company incorporates wholly-owned subsidiary Vedanta Iron and Steel on October 10, 2023. (Neutral)
*TCS:* Revenue seen at Rs 59,692 crore versus Rs 60196 crore, EBIT seen at Rs 14,483 crore versus Rs 14,353crore (Neutral)
*Dr Reddy’s:* US FDA issued 9 observations for its manufacturing facility in Bachupally, Hyderabad
*Panacea Biotec:* US FDA issued an ‘FDA Form 483’ with nine (9) observations for Baddi unit
*HCL Tech:* HCL Tech management on decline in headcount, revised guidance, second half of FY24
*Infosys:* Company cut Revenue guidance to 1%-2.5% versus 1.0%-3.5%
By: via Telegram.me/AlliesFin #StockMarket #india
