Tuesday 5 December 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*India Daybook – Stocks in News*


*Salasar Techno:* Company bags EPC contract worth Rs 364 crore from Tamil Nadu government (Positive)

*JSW Infrastructure:* Company to acquire 50% plus 1 shares of PNP Maritime for Rs 270 crore from SP Port Maintenance, a Shapoorji Pallonji Group Company (Positive)

*DCB Bank:* Promoter Aga Khan Fund for Economic Development proposes to invest up to $10 m by subscribing additional shares of the bank. (Positive)

*HCL Tech:* Arm to sell 49% stake in JV to State Street for $170 m + net book.. (Positive)

*TVS Holdings:* Submits application with RBI for registration of company as Core Investment Company. (Positive)

*MOIL:* November production up by 35% YoY; sales up 18% YoY. (Positive)

*IEX:* November volume at 9,136 mu, up by 17.5% YoY. (Positive)

*Cupid:* Company acquires industrial area near Mumbai to increase production capacity. (Positive)

*Gulshan Polycols:* Company gets order worth Rs 572 crore to supply Ethanol to OMCs. (Positive)

*KPI Green:* Company acquires KParkSunbeat for Rs 126 crore. (Positive)

*Coal India:* Overall coal production for November at 84.53 MT, up 11.03% year-on-year: Coal Ministry. (Positive)

*Seamec:* Company has entered into a Bimco Charter Party with M/s. Zamil Offshore Services Company for Charter hire of our Vessel "SUBTECH SWORDFISH" (Positive)

*Brigade:* Company to develop a Luxury Residential Project next to Mysore Golf Club with a Gross Development Value of Rs. 300 Crores (Positive)

*HCC:* HCC Infrastructure has received Rs. 110 crore as an earn out money from Cube Highways and Infrastructure as part of the BFHL stake sale transaction. (Positive)

*SEPC:* Company has received work orders worth Rs 427.8 crore from the Drinking Water and Sanitation Department of the government of Jharkhand (Positive)

*Graphite:* Company has entered into a definitive transaction with a cash consideration of ₹50 crore for investing in compulsory convertible preference shares of Godi India (Positive)

*Shriram Finance:* Company retains FY24 AUM growth guidance at 18-20%. (Neutral)

*Honasa Consumer:* Fireside Investments likely to sell 1.9% in Honasa Consumer, issue size is Rs 233.9 crore (Neutral)

*M&M Financial:* November disbursement up by 16.0% YoY. (Neutral)

*Adani Green:* FY25 capex seen at $3 bn vs $1.5 bn in FY24 (Neutral)

*Reliance Ind:* SAT quashes Sebi order against Mukesh Ambani, 2 others. (Neutral)

*Thomas Cook:* Company’s promoter offloads 8.5% stake via offer for sale. (Neutral)

*CAMS:* Great Terrain Investment sells 19% equity shares of CAMS at Rs 2,766.47/share (Neutral)

*Bank of India:* Company to launch QIP this week in the range of Rs 3,500-4,000 crore: sources (Neutral)

*Max Life:* Analjit Singh resigns as Chairman effective December 4. (Neutral)
By: via Telegram.me/AlliesFin #StockMarket #india

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...