India Daybook Stocks in News
*Karnataka Bank:* Company enters into co-lending partnership with ClixCapital to provide loans to Indian MSMEs (Positive)
*RVNL:* Company forms 49:51 joint venture with #JaksonGreen for solar projects in India and oversees: (Positive)
*ICICI SEC Q3:* Total Income at Rs 1322.0 crore versus Rs 879.0 crore YoY, Rs 1249.0 crore QoQ. Net Profit at Rs 466.0 crore versus Rs 281.0 crore YoY, Rs 424.0 crore QoQ (Positive)
*IREDA:* The Company has signed MoU with Indian Overseas Bank for Co-lending in Green Energy Financing (Positive)
*PNC Infratech:* Company gets Letter of Acceptance for road construction project worth Rs 1,174 crore. (Positive)
*UltraTech Cement:* Incorporates Meghalaya unit Letein Valley Cement for limestone mining (Positive)
*Adani Energy Solutions:* Company's smart-metering contracts include 8 projects with a contract value of Rs 25,100 crore. (Positive)
*GR Infraprojects:* Company executes concession agreement with NHAI for Rs 1085.5 crore four-laning project in Uttar Pradesh. (Positive)
*GMR Airports:* Total passenger traffic at airports at 1.1 crore, up 15.3% year-on-year. (Positive)
*Newgen Software:* Management says robust profitability and significant cash flow generation. (Positive)
*ICICI Lombard: Company has registered a 22.4 percent on-year growth in net profit at Rs 431 crore. (Positive)
*Godrej Prop:* Company has acquired an additional 1 acre of land parcel in Yeshwanthpur, Bengaluru. (Positive)
*Piramal Pharma:* Company announced the launch of a new concentration of zinc sulfate injection in the US market (Positive)
*HDFC BANK:* NII at Rs 28471.0 crore versus Poll of Rs 29079.0 crore, Net Profit at Rs 16373.0 crore versus Poll of Rs 15693.0 crore (Neutral)
*LTTS:* Net Profit at Rs 336.2 versus poll of Rs 332 cr, Revenues at Rs 2422 versus poll of Rs 2454 cr (Neutral)
*TCS:* Company to train entire staff of over 5 lakh software engineers on upcoming Generative AI opportunity. (Neutral)
*TV18 Broadcast:* Company posted a five percent on-year decline in consolidated revenue at Rs 1,676 crore for the quarter ended December FY24. (Neutral)
*DCB Bank:* The private sector said the RBI approved the appointment of Praveen Achuthan Kutty as its Managing Director and CEO. T (Neutral)
*Network18:* The company reported a loss of ₹107.87 crore for the third quarter that ended December 31, 2023
By: via Telegram.me/AlliesFin #StockMarket #Bharat
