*India Daybook – Stocks in News*
*ICICI Lombard:* Gross Direct Premium up 38.6%, April-February market share up 35 bps (Positive)
*Auro Pharma:* Company says acceptance of compliance with WHO GMP by who prequalification unit inspection services team (Positive)
*Pitti Engineering:* Company signs definitive agreement to acquire Bagadia Chaitra Industries at ₹124.92 crore (Positive)
*Astrazeneca Pharma:* Company and mankind pharma partner to accelerate access to asthma medicine for patients in India (Positive)
*Venus Remedies:* Company secured good manufacturing practices approval from UNICEF. (Positive)
*Wipro:* Company expands partnership with Nutanix to launch new Nutanix business unit (Positive)
*RVNL:* Company emerges lowest bidder for Maharashtra Metro Project worth ₹339.23 crore (Positive)
*Vardhman Poly:* Board meeting on March 28 to consider and approve sub-division/ split of shares (Positive)
*Suven Pharma:* Company has announced a proposed merger with Cohance life sciences (Positive)
*HG Infra:* Company gets letter of intent worth Rs 862 crore from NHAI for project in Andhra Pradesh (Positive)
*JWL:* Company gets order worth Rs 957 crore from the Ministry Of Railways for manufacturing and supply of BOSM Wagons (Positive)
*HIL:* Company has signed an agreement with Crestia Polytech for the acquisition of Topline at an enterprise value of ₹265 crore. (Positive)
*ITC:* British American Tobacco (BAT) is planning to sell up to $2-3 billion of ITC in block trades this week. (Neutral)
*ITC:* Company acquires share of Sproutlife Foods for Rs 50 cr (Neutral)
*AB Capital:* Company approved scheme of amalgamation of unit aditya birla finance with co. (Neutral)
*Canara Bank:* Revises one year MCLR to 8.9% from 8.85%. (Neutral)
*Info Edge:* IT & BPO hiring trends down YoY & but decline less than Jan 2024 (Neutral)
*PFC:* Board declares third interim dividend of Rs 3/share. (Neutral)
*ESAF Small:* The board approved the proposal to raise funds upto Rs 135 crore by Bonds. (Neutral)
*M&M:* February production up 26.1% at 73,380 units vs 58,203 units (Neutral)
*Adani Ent:* Subsidiary will begin the survey to collect data from lakhs of informal tenement residents of dharavi to determine eligibility criteria on 18 Mar 2024 (Neutral)
*KEI Industries:* Board approves interim dividend of Rs 3.5/share (Neutral)
*Star Health:* Company's revenue grows 19% year-on-year in February. (Neutral)
*NIACL:* Company's revenue grows 4% year-on-year in February. (Neutral)
*KFin Tech:* Kotak Bank to sell 2% stake in co via block deals, Kotak Bank looking to sell upto 34.7 lac shares worth Rs 218 crs (Neutral)
*Indigo:* Rakesh Gangwal pares stake in company for Rs 6,785 crore through open market transactions. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
