India Daybook Stocks in News
*Uno Minda:* Company signs TLA with starcharge Energy Pte to manufacture & sale Electric Vehicle Supply Equipment (EVSE) in India. (Positive)
*Zydus Lifesciences:* Company gets tentative U.S. FDA approval for Letermovir Tablets. (Positive)
*Puravankara:* Company launched a residential project ‘Purva Kensho Hills’ in Bengaluru, Karnataka. (Positive)
*Bajaj Auto:* Company to launch CNG-run motorcycle in June 2024 (Positive)
*RVNL:* Company signs MoU with Airports Authority of India for a project worth ₹229.43 crore (Positive)
*Muthoot fin:* Company has acquired an additional 4.48% equity stake in Belstar Microfinance Limited, a subsidiary, for Rs.300 crores. (Positive)
*JSW Energy:* Company’s arm signs Business Transfer Agreement with Reliance Power for purchase of the 45 MW Vashpet Wind project for ₹132 Cr (Positive)
*Hindustan Aeronautics:* Compay signs contract with Guyana Defence Force for supply of 2 Hindustan-228 Commuter Aircraft with value of approx ₹194 Cr (Positive)
*Greaves Cotton:* Company has signed a Technology Transfer and Supply Agreement with Tsuyo Manufacturing Private Limited for low-speed 3-wheeler vehicles. (Positive)
*Ultratech Cement:* Company commissions 1 MTPA brownfield cement capacity at Roorkee, Uttarakhand. (Positive)
*Dr Reddy’s:* Company enters into licensing agreement with Pharmazz, inc to market Centhaquine in India. (Positive)
*Indian Metals & Ferro Alloys:* Company to consider special dividend for FY24 on March 29. (Positive)
*HG Infra:* Company gets LoA in consortium with Stockwell Solar Services from Jodhpur Vidyut Vitran Nigam for solar business. (Positive)
*Hinduja Global:* Company enters into agreement to sell optical fibre assets to IndusInd Media and Communications for Rs 208.04 crore. (Positive)
*Shree Cement:* Company announces entry into ready mix concrete segment with commissioning of its first Greenfield in Hyderabad. (Positive)
*NBCC:* Company sold commercial inventory having sale value of Rs 1,905 cr to private entities (Positive)
*KP Energy:* Company has commissioned a 16.8MW ISTS connected Wind Power Project at Sidhpur site in Devbhoomi Dwarka (Positive)
*NTPC:* Company announces the commercial operation date of the Chatti Bariatu Coal Mining Project in Jharkhand (Positive)
*AGSTRA:* Company has informed about the approval of a demerger scheme involving India Transact Services Limited. (Positive)
*Jindal Stainless:* Company has teamed up with IIT Kharagpur for R&D projects to advance metallurgical research. (Positive)
*Electronics Mart:* Commences commercial operations of multi-brand stores under brand name ‘Bajaj Electronics’ in Hyderabad. (Positive)
*Kirloskar Ferrous:* Step-down unit in U.S.A Indian Seamless applies for voluntary dissolution. (Positive)
*Bajaj Auto:* Company to launch the company's biggest Pulsar ever on May 3, 2024. The co will launch the CNG motorcycle on June 18: Sources. (Positive)
*Vedanta:* Company touts $6 billion investment pipeline as growth driver (Positive)
*Oil Upstream stocks:* Brent crude rose toward $86 a barrel after retreating by more than 2% (Positive)
*RailTel:* Company has secured a major order from Centre For Development Of Advanced Computing for VMWare virtualization licenses with 3 years support, amounting to Rs. 36.35 Cr. (Positive)
*Vikas Lifecare:* Co-Promoter Vikas Garg Acquires 3 Cr Equity Shares through Preferential Allotment (Positive)
*Bharti Airtel:* Bharti Hexacom files for IPO, having OFS of up to 7.5 crore shares. (Positive)
*Ambuja Cements:* Company sells 2% stake in Sanghi Industries to meet minimum public shareholding. (Neutral)
*Lupin:* Company to carve out trade generics biz in India on a slump sale basis to Lupin Life Sciences for ₹100-120 crore (Neutral)
*Reliance Industries:* Company to buy 100% stake in MSKVY Nineteenth Solar SPV & MSKVY Twenty-Second Solar SPV from MSEB Solar Agro Power. (Neutral)
*Maruti Suzuki:* Company recalls 11,851 units of Baleno & 4,190 units of WagonR on possible defect in a part of fuel pump motor: (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
