India Daybook Stocks in News
*Coal India:* Company’s supplies at an all-time high volume of 98 million tonnes (mts) to non-regulated sector (NRS) till Dec FY24 (Positive)
*RVNL:* Rail Vikas JV received LOA for Rs 123 cr order to redevelop Varkala Sivagiri railway station (Positive)
Avenue Supermarts:* Double-digit growth in revenue for the third quarter of the current financial year, with the topline growing 17.2% year-on-year (YoY). (Positive)
*VST IND:* Radhakishan Damani buys 2.22 lac shares in VST Industries. (Positive)
*Bank of Maharashtra:* Q3 Total business at Rs 4.35 lk cr Vs Rs 3.66 lk cr, up 19% YoY (Positive)
*Hindustan Zinc:* 3QFY24 mined metal production at 271kt, up 7% YoY (Positive)
*Birlasoft:* Company appoints Manjunath Kygonahally as the CEO for Rest of the World (ROW) region (Positive)
*Affle:* Company to buy 9.03% stake in Explurger for Rs 37.3 crore. (Positive)
*Gujarat Alkalies:* Company signs initial pact with Vedanta Aluminium for exploring opportunities in areas of caustic-chlorine, other allied businesses. (Positive)
*Sun Pharma:* Company acquires Israel's Libra Merger. (Positive)
*Strides Pharma:* Amansa Holding picked Rs 119.87 crore shares in Strides Pharma Science (Positive)
*Easy Trip Planners:* Company is planning to raise up to ₹1,000 crore through a preferential issue. (Neutral)
*Hero Motocorp:* December vehicle sales at 3.93 lk units versus estimates of 3.95 lk units. (Neutral)
*Tata Motors:* Company supplied 100 electric buses to Assam State Transport Corporation. (Neutral)
*NATCO Pharma:* Company completes transition of DASH Pharmaceuticals into Natco Pharma U.S.A (Neutral)
*Jubilant Food:* Company to acquire 6.32% stake in O2 Renewable for buying of up to 4.51 MW renewable power (Neutral)
* Vedanta:* Company’s unit BALCO gets tax demand worth Rs 23 crore. (Neutral)
*LIC:* Company gets GST demand including penalty of Rs 117 cr for FY18 (Neutral)
*Adani Group Stocks:* Supreme Court to pronounce judgment tomorrow on the petitions seeking independent probe into Adani-Hindenburg issue. (Neutral)
*Muthoot Finance:* Company to raise up to Rs 1,000 crore through public issue of secured (Neutral)
*Exide Industries:* Company raises corporate guarantee to subsidiary by Rs 1,000 crore. (Neutral)
*Hindustan Unilever:* Media sources said that tensions soar between Hindustan Unilever and its distributors over a recent margin payout proposal.
*Shyam Metalics:* Company launched QIP, Indicative price at Rs576 per share; discount of 10.4% to closing price
By: via Telegram.me/AlliesFin #StockMarket #Bharat
