India Daybook Stocks in News
T.ME/ALLiESFiN
NBCC: Company has secured a substantial work order worth Rs 1,500 crore from the National Cooperative Development Corporation (Positive)
IndiGo: Company became the sixth-largest airline by overtaking United Airlines (Positive)
Biocon: Company said its associate company Bicara Therapeutics Inc has successfully concluded its Series C financing, raising $165 million on December 12. (Positive)
IRCTC: Company is branching out to expand its brand and business reach beyond the railway catering. (Positive)
GMM Pfaudler: The company has seen a recent transaction within its promoter group, with the Patel Family, via Millars Machinery, acquiring a 1% stake in the company (Positive)
Uno Minda: Company inaugurated a new manufacturing facility for automotive seating systems in Ahmedabad. (Positive)
Bandhan Bank: RBI authorises Bandhan Bank to disburse pension to retired Railway employees. (Positive)
Axis Bank: UBS, Goldman, Societie General and Morgan Stanley are major Buyers in Axis Bank deal. (Positive)
Tech Mahindra: Company announces global crowdsourcing platform. (Positive)
Fusion Micro: Warburg to sell 93.5 lakh shares at Rs 535 per share (Neutral)
Axis Bank: Bank likely to see change of hands up to 1.1% equity (3.34 crore shares) via block deal (Neutral)
JSW Energy: Company’s subsidiary has completed a bonus issue of 75.38 crore shares worth Rs 753.89 crore. (Neutral)
SBI: Bank said that it will sign a 70 million euro (about Rs 630 crore) Line of Credit with German Development Bank KfW. (Neutral)
Ultratech: Company announced that it plans to increase the overall share of green energy in its total energy mix to 85% by 2030. (Neutral)
Escorts: Harish Lalchandani Resigns As Chief Officer – Agri Machinery Business Division of Escorts Kubota. (Neutral)
RBL Bank: BANK acquires 8.51% stake in ONDC for Rs 40 crore (Neutral)
Mahindra & Mahindra: Company proposes to invest Rs 875 crore in subsidiary (Neutral)
Reliance Ind: Moody's affirms Reliance Industries' Baa2 ratings, outlook stable. (Neutral)
By: via Telegram.me/AlliesFin #StockMarket #Bharat
