India Daybook Stocks in News
*RVNL:* Company gets letter of award for projects worth ₹1,298.2 crore from Himachal Pradesh Electricity Board (Positive)
*Titagarh Rail:* The Company has bagged the contract from the Railway Board for Manufacture and supply of 4,463 BOSM Wagons for a contract value of Rs. 1909 Cr (Positive)
*PNC Infratech:* Company executes concession agreement for HAM project worth ₹1,174 cr with MP Road Development Corporation. (Positive)
*GAIL:* Company signed tripartite MoU with ONGC & Shell Energy to explore opportunities for import of ethane & other hydrocarbons. (Positive)
*Torrent Power* Gets LoA for supply of 306 MW Solar Power from Maha State electricity distribution company (Positive)
*India Glycols:* Company adds 270 KLPD capacity to existing bio-fuel ethanol plant at Kashipur, Uttarakhand (Positive)
*Tata Power:* MERC approves power tariff hike for Tata Power in Mumbai. (Positive)
*HG Infra:* Company declared L1 Bidder for project worth ₹610 crore by NHAI (Positive)
*SBI Life:* February Life insurance new premium growth by 32.3 percent YoY (Positive)
*HDFC Life:* February Life insurance new premium growth by 14.5 percent YoY (Positive)
*ICICI Pru:* February Life insurance new premium growth by 32.5 percent YoY (Positive)
*SJVN:* Company receives LoA for 1,352 MW of solar power projects, total invst at ₹7,436 crore. (Positive)
*Dwarikesh Sugar:* Buyback Approved, Offer price Rs. 105, Record date 20th March 2024. (Positive)
*JSW Energy:* JSW Neo enters into a technology licensing agreement with SANY Renewable for the manufacturing of 3.X MW WTGs in India for captive usage by the Company (Positive)
*Stylam Industries:* Care Ratings has improved the outlook of the company. (Positive)
*United Breweries:* Company launches new brand viz., ‘Kingfisher Ultra Max Draught Beer’ in the ‘Premium Strong Beer’ segment category in Karnataka market. (Positive)
*KPI Green:* Company gets an order for the development of 305MW solar power projects from Aditya Birla Renewables Subsidiary & ABREL (RJ) Projects. (Positive)
*Signature Global:* Company will invest Rs 1,000-1200 crore per year to purchase land for the development of housing projects and encash strong consumer demand. (Positive)
*NBCC/BHEL:* Signs two MoUs with BHEL to redevelop BHEL's facilities, lease offices, residential units. (Positive)
*Dilip Buildcon:* Company gets order worth Rs 550 crore for tender floated by NHAI on hybrid annuity basis in Tamil Nadu (Positive)
*Azad Engineering:* Signs a Long-Term Strategic Supply Agreement (SSA) with a subsidiary of Baker Hughes (Positive)
*Tata Communications:* Company invests in global live production services with facility in Los Angeles. (Positive)
*Gujarat Gas/BPCL:* Signed accord for liquid fuels, auto lubricants. (Positive)
*Dredging Corp:* Company in pact with BEML for manufacturing of spares, dredgers (Positive)
*Zydus Life:* Company has received the EIR report from the USFDA for the inspection conducted at the API Ahmedabad facility (Positive)
*Beverages stocks:* Government hikes outlay to tea sector, incentives to small growers. (Positive)
*Rainbow Medicare:* Company has added a ~50-bed additional block to the existing hospital at Hydernagar, Hyderabad (Positive)
*Imagicaaworld:* To set up an entertainment hub at the Sabarmati Riverfront at Ahmedabad over an area admeasuring approximately 11 acres (Positive)
*IOC:* Company to manufacture fuel used in Formula1. (Positive)
*HCL Tech:* Company partners with Service Now to offer Gen-AI-led solutions for driving efficiency, cost-savings in businesses. (Positive)
*VBL:* Company is expanding its production capacities in the juices and value-added dairy products segments in 2024. (Positive)
*Gensol Engineering:* Company wins Gujarat Urja Vikas Nigam Limited’s (GUVNL’s) 70 MW (140 MWh) battery energy storage project worth ₹450 crore revenue (Positive)
*LTIMindtree:* Board appoints Vipul Chandra as new CFO. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
