India Daybook Stocks in News
T.me/AlliesFin
*Lupin:* Company gets US FDA approval For Febuxostat Tablets that are used for the chronic management of hyperuricemia (Positive)
*Coal India:* Company’s units get cabinet nod for equity investment in thermal power plants. (Positive)
*Power Finance Corporation:* Company incorporates two SPVs for developing transmission projects in Gujarat and Rajasthan. (Positive)
*Indian Bank:* Gets RBI approval for setting up a new wholly-owned operations support subsidiary (Positive)
*Mahindra Holidays:* Company to invest Rs 800 crore in Tamil Nadu to build three Greenfield resorts. (Positive)
*Aether Industries:* Company and collaborates with Novoloop for setting up pilot plant in Hojiwala industrial estate in Gujarat. (Positive)
*Poonawalla:* Net Profit up 76.3% at ₹265.1 Cr Vs ₹150.4 Cr, Revenue up 52.1% at ₹762.6 Cr Vs ₹501.4 Cr (YoY) (Positive)
*Shalby:* Company to acquire 87.26% stake in PK Healthcare for Rs 102 crore. (Positive)
*Dynamatic Tech:* Company signs long-term contract with Dassault Aviation (Positive)
*REC:* Company designated as the overall implementation agency for rooftop solar program of the Renewable Energy Ministry. (Positive)
*Supreme Petrochem:* Company has acquired 96.35 acres of land in Haryana to establish new plants for manufacturing Polystyrene and Expandable Polystyrene. (Positive)
*Uttam Sugar:* Company has increased its "Distillery Capacity (Ethanol)" from 150 KLPD to 250 KLPD at the Barkatpur plant. (Positive)
*Ujjivan:* Big Bull Investor Dolly Khanna Enters With 1.13% Stake as per Latest Share Holding Pattern (Positive)
*Hindustan Adhesives:* Investor Ashish Chugh & Associates name appears in Hindustan Adhesives Ltd. With 1.02% (Positive)
*Sanghi Ind:* Rajasthan Global Securities bought 2,215,580 @ Rs. 121.00 of Sanghi Industries Ltd. (Positive)
*Home First Finance:* Company had a strong Q3 FY24 with Rs 1000 Crs disbursement milestone, 29.1% y-o-y growth. (Positive)
*Innova Captab:* Rev at Rs.283 cr vs 242.2cr, up16.8%. EBITDA 40.5cr vs 31cr, up 30.6% (Positive)
*EMS Limited:* Company has emerged as the L1 in a tender at Vikas Nagar, Dehradun, Uttarakhand, with an estimated order value of approximately Rs. 478.93 Crores (Positive)
*Shoppers Stop:* Net profit down 41.2% at ₹36.7 cr vs ₹62.7 cr, Revenue up 8.8% at ₹1,237.5 cr vs ₹1,137.1 cr (YoY) (Neutral)
*Bandhan Bank:* RBI approves appointment of Rajinder Kumar Babbar as whole-time director of the bank (Neutral)
*Indusind Bank:* NII at Rs 5295.0 crore versus Poll of Rs 5237.0 crore, Net Profit at Rs 2301.0 crore versus Poll of Rs 2296.0 crore. (Neutral)
*Wipro:* Company to acquire 14% stake in Huoban Energy 11 for enhancing renewable energy usage. (Neutral)
*SBIN:* Bank raises Rs 5,000 crore through 10-year AT-1 bonds. (Neutral)
*NMDC:* Sources Say Indian Govt rejects proposal for iron ore exports to China (Neutral)
*Metro Brands:* Q3 FY24 cons PAT at Rs.97.8 cr vs Rs.112 cr, down 12.6% YoY (Neutral)
*Dixon:* Company reported a search by the Directorate of Revenue Intelligence at a subsidiary's manufacturing facility
By: via Telegram.me/AlliesFin #StockMarket #Bharat
