India Daybook Stocks in News
T.me/AlliesFin
India Glycols: Company gets orders worth Rs 1,164 crore from OMCs and other oil companies for supply of ethanol. (Positive)
IRCON: International Chamber of commerce has pronounced the award in favour of company of Rs. 103.6 crore (Positive)
NHPC: Company to mull monetization of future cash flow of one or more power stations on December 22. (Positive)
Sun Pharma: Company to acquire 16.7% stake in Lyndra Therapeutics for $30 m (Positive)
Healthcare Stocks: India Issues Guidelines Amid JN.1 Variant Concerns, Global Surge, and Singapore's Spike (Positive)
PNC Infratech: Company wins a new Hybrid Annuity Highway Project of MPRDC for a 'Bid Project Cost' of Rs. 1174 crore (Positive)
Oil upstream stocks: Govt cuts windfall tax on petroleum crude to Rs.1,300/tonne from Rs.5,000/tonne from Dec 19 (Positive)
KaynesTech: Company launches QIP to raise up to ₹1,400 cr, issue price at ₹2,424/sh (Positive)
Satin: Company to consider and approve QIP Issue Price today (Positive)
JTL Industries: Company approves raising funds up to Rs 1,310 crore via issuance of warrants and QIPs. (Positive)
Archean Chemical: Goldman Sachs, Tata AIA Life Insurance and DSP MF picked a 2.46 percent stake in Archean Chemical Industries (Positive)
IDFC: The bank has received approval from the Reserve Bank of India for a merger with IDFC First Bank. (Positive)
Nestle India: Company fixed record date Jan 5 for stock-split. (Positive)
Olectra Greentech: NCLT dismisses co’s petition against MLR Motors for recovery of Rs 10 cr (Neutral)
Vedanta: Board approves interim dividend of ₹11/Sh, worth ₹4,089 Cr. (Neutral)
Dish TV: Nomination panel perused candidature of Sanjay Banerjee & advised mgmt to file application with I&B Ministry (Neutral)
DCW: Operations at Sahupuram, Tamil Nadu temporarily suspended due to flooding. (Neutral)
KPIGreen: Company opened QIP for raising up to Rs 300 crore on December 18. (Neutral)
Apollo Tyre: Block deal with worth $100 mn or Rs 850 crs launched Deal may have upside option, taking size to over Rs 1650 crores (Neutral)
HDFC Bank: Raises Rs 7,425 crore through maiden infra bond issue after merger. (Neutral)
Adani Green Energy: Company incorporates four step-down subsidiaries. (Neutral)
KRBL/LTFoods: Government has directed rice sector to cut domestic prices
Bandhan Bank: Rating agency Crisil has downgraded the non-convertible debentures (NCDs) of Bandhan Bank
Zee Ent: Sony-Zee $10 Billion Merger Nears Collapse Amid CEO Appointment Deadlock and Regulatory Concerns- Live mint
By: via Telegram.me/AlliesFin #StockMarket #Bharat
