India Daybook Stocks in News
*Epack*: Net Profit at Rs 4.9 crore versus loss Rs 8.6 crore , Profit Before Tax at Rs 6.9 crore versus Rs 6.24 crore (YoY) (Positive)
*Indian Hotels*: Company has expanded its brand portfolio through a ‘strategic alliance’ with Kolkata's Ambuja Neotia Group for Tree of Life Resorts & Hotel (Positive)
*Cipla:* Company said it has tied up with CSIR to jointly develop a novel ophthalmic formulation for fungal keratitis (Positive)
*NBCC:* Company expects to meet its revenue target of ₹10,000 crore in FY24 (Positive)
*KPI Green*: Company said its wholly-owned subsidiary has received a new order for a 1.5-MW solar power project. (Positive)
*Escorts Kubota:* Company has executed a long-term wage settlement agreement with the Workers' Union for three years. (Positive)
*Lupin:* Company launched Ganirelix Acetate Injection in US for women undergoing fertility treatment. (Positive)
*Tata Motors:* Company is exploring spinoff plans for EV business, Bloomberg sources (Positive)
*Coal India:* Company signs MoU with Haryana Power Purchase Centre for power purchase (Positive)
*Tejas Networks:* Company has received incentives worth of Rs 27.8 crore under PLI scheme (Positive)
*Dilip Buildcon:* Company's joint venture with Vijay Kumar Mishra Construction gets order worth Rs 412.9 crore. (Positive)
*Infosys:* The most recent is a $300 million contract with Singapore-based Pacific International Lines running until 2027, according to industry executives (Positive)
*Sudarshan Chem:* HDFC Mutual Fund Bought 17.75 Lakh Shares at Rs 514/ Share (Positive)
*BPCL:* Company commences pilot project to gain experience in handling hydrogen for automobile sector. (Positive)
*HDFC Bank:* Company said its home loan book reached ₹6.84 lakh crore in the December quarter (Neutral)
*MedPlus Health:* Company said its subsidiary company has received a suspension order of drug license for its store situated at Khopat (Neutral)
*Vedanta:* Finsider International divested a 1.8% stake in Vedanta for ₹1,737 crore through an open market transaction. (Neutral)
*InterGlobe Aviation:* IndiGo with the largest market share, saw a slight dip at 60.2 percent in January 2024, from 61.8 percent (Neutral)
*Route Mobile:* SEBI approves extending timeline for Proximus' open offer by 12 days. (Neutral)
*Axis Bank:* Bank denies wrongdoing in Max Life Insurance shares transaction amidst Swamy's allegations. (Neutral)
*Fineotex:* Board meeting to consider Fund Raising via issue of warrants or debt securities (Neutral)
*Adani Enterprises:* Company's unit Mumbai Travel Retail completes incorporation of wholly-owned subsidiary OIFZCO. (Neutral)
By: via Telegram.me/AlliesFin #StockMarket #Bharat
