India Daybook Stocks in News
*RailTel Corporation:* Company has secured a major work order from South Central Railway for comprehensive ground infrastructure works amounting to Rs. 82 Cr (Positive)
*Uniparts:* Secures a USD 1.2 million order from Doosan Bobcat North America Inc. for construction equipment parts. (Positive)
*Happiest Minds:* Q3 results show strong revenue growth at 11.7% y-o-y and EBITDA growth at 8.2% y-o-y. (Positive)
*Balaji Amines:* Company has obtained BIS Certification for "Morpholine" from the Bureau of Indian Standards. (Positive)
*InfoBeans Technologies:* Company has partnered with Agenio Gmbh, to enhance delivery efficiency and strengthen capabilities in the ServiceNow ecosystem (Positive)
*Ajmera Realty:* Keystone Realtors to acquire 50% stake in Ajmera Realty unit Ajmera Luxe Realty (Positive)
*Intellect Design:* Company to set-up a unit (branch office) in GIFT City SEZ. (Positive)
*Adani Ent:* Adani Group in accord with Maharashtra for ₹50,000 crore investment to set up 1 GW Hyperscale Data Infrastructure. (Positive)
*BEL:* Company received additional orders worth Rs 1034.31 crore (Positive)
*Zaggle:* Company signs contract worth Rs 200 crore with Torrent Gas. (Positive)
*M&M:* Mahindra Aerostructures expands partnership with Airbus. (Positive)
*Welspun Corp:* Company wins order worth of Rs 3000 crore. (Positive)
*Sobha:* Company’s Board to consider fund raising via right issue. (Positive)
*Persistent:* Board may consider a proposal of sub-division/split of the existing equity shares (Positive)
*JSW Energy:* JSW Neo Energy has announced setting up a pumped storage project with a generation capacity of 1,500 MW, at a cost of ₹9,000 crore in Telangana (Positive)
*Sun Pharma:* Company to acquire remaining outstanding shares of Taro for ₹2,891 crore (Positive)
*Jindal Saw:* Nippon India MF bought 10 Lakh Shares, BNP Paribas bought 4 Lakh Shares in large trade (Positive)
*Zydus Life:* Company received USFDA approval for PIMAVANSERIN capsules (Positive)
*Samvardhana Motherson:*SMISL enters into an agreement with BIEL Crystal, Singapore (Positive)
*Minda Corp:* Company sells 15.7% stake (1.91 crore equity) in Pricol at ₹343.60/Share (Neutral)
*LTIM:* EBIT at Rs 1,385.9 cr Vs poll of Rs 1,418 cr, Revenues at Rs 9017 versus poll of Rs 9020 cr (Neutral)
*Nazara Technologies:* Company to raise funds up to ₹250 crore by issuance of 28.66 lakh equity shares at ₹872.15/share. (Neutral)
*Indiabulls Housing:* Company approves raising up to Rs 5,000 crore via equity issue. (Neutral)
*Speciality Restaurants:* Q3 cons PAT at Rs.13.8 cr vs Rs.15.4 cr, down 10.1% YoY. (Neutral)
*NMDC:* Sources Say Indian Govt rejects proposal for iron ore exports to China (Neutral)
*Anant Raj:* Board meet today to consider and approve issue price for QIP (Neutral)
*Cantabil:* Board meet today to consider Fund Raising via Preferential Issue (Neutral)
*Shakti Pumps:* Board meet today to consider Fund Raising Via Preferential Issue or QIP, etc (Neutral)
*Happiest Minds:* Q3 cons PAT at Rs.59.6 cr vs Rs.58.4 cr, up 2.1% QoQ (Neutral)
*Alok Industries:* Net loss at Rs 229.2 crore versus loss of Rs 249.83 crore. Revenue fell by 27 percent to Rs 1,253 crore in Q3FY24 YoY. (Neutral)
*NHPC:* Government to sell 3.5% stake in NHPC at ₹66/share via offer for sale (OFS) on January 18 & 19, 2024 (Neutral)
*HDFC Bank:* US-listed ADR shares shed another 9%, drop to the lowest since July 2022
*ICICI Pru:* APE At ₹1,907 Cr Vs Poll Of ₹2,395 Cr, VNB margin at 22.9% vs poll of 28.6%.
By: via Telegram.me/AlliesFin #StockMarket #Bharat
