Stocks to Watch @AlliesFin
*Dilip Buildcon* : The i company through a joint venture (Vijay Kumar Mishra Construction-Dilip Buildcon) has declared as an L-1 bidder for the tender floated by Madhya Pradesh's water resources department. The project cost is Rs 412.92 crore.
*UPL* : Global rating downgraded UPL Corporation's Long-Term Issuer Default Rating to 'BB+', from 'BBB-', citing the weak 9MFY24 EBITDA, on lower global crop-protection industry demand due to prolonged destocking, and production overcapacity in China.
*Newgen Software* *Technologies* : The company has entered into an Addendum to the earlier engagement with the same top-tier global management consulting firm by adding further scope of work to build a phase for a growth transformation across the key geographies. The aggregate value of the engagement is $1.55 million.
*Axis Bank, Max Financial* Services: Axis Bank clarified that there is no material impact of the allegations made regarding the Rs 5,100 crore unjust gains in Max Life Insurance share deals.
*Bharat Petroleum Corp* : The company commenced a pilot project to gain experience in handling hydrogen for the automobile sector.
*TVS Motors* : The company has acquired a 28.57% stake in the Indian Foundation for Quality Management for Rs 2.5 crore.
*B.L.Kashyap and Sons* : The company received an order worth Rs 208 crore from Manyata Promoters for the construction of blocks D1 and D2 at Embassy Manyata Business Park Campus, Bangalore.
*Entero Healthcare Solutions* : The healthcare products distributor is set to debut on the BSE and NSE on February 16. The final issue price has been fixed at Rs 1,258 per share.
By: via Telegram.me/AlliesFin #StockMarket #Bharat
