Monday 15 April 2024

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*India Daybook – Stocks in News*


*Granules:* Unit V facility located at Anakapally gets zero Form 483 observations from USFDA. (Positive)

*ISMT:* Company received 2 contracts from ONGC to supply products worth ₹343.72 cr. (Positive)

*RVNL:* Company received LoA worth 95.95 cr for new line project of Araria - Galgalia of N.F. railway (Positive)

*Mphasis:* Company has signed a multi-year global strategic collaboration agreement with Amazon Web Services (AWS). (Positive)

*Varun Beverages:* Starts commercial production of carbonated soft drinks, energy drinks at Gorakhpur (Positive)

*Lemon Tree:* Announces the opening of A Lemon Tree Resort, in Chitwan, Nepal. (Positive)

*Metal stocks:* US imposes sanctions on use of Russian metals on exchanges (Positive)

*GAIL/Petronet/NTPC/GIPCL:* Government invokes section 11 of the Electricity Act. India will operationalize gas-based power plants to meet summer electricity demand (Positive)

*Ambuja/ACC:* Adani Cement sees 16% growth, eyes 140 mn tn/year capacity by 2028 (Positive)

*Engineers India:* Company inks MoU with Detect Technologies for real-time AI-based monitoring for implementing safe practices at construction sites (Positive)

*Coal India:* Government sets target of producing 170 million tonnes of coal from captive and commercial coal blocks in FY25. (Positive)

*Dixon Technologies:* Company partners with France's Dassault Systèmes to streamline operations. (Positive)

*Zuari Ind:* NCLT approves merger of Zuari Sugar and Power with Company. (Positive)

*AsterDM:* Company's board declares special dividend of Rs 118/share (Positive)

*HFCL:* Company's subsidiary HTL bags order of around Rs 65 crore to supply optical fibre cables (Positive)

*Senco Gold:* Company achieved 28% YoY Revenue growth in full year; and 39% YoY in Q4 (Positive)

*Kolte-Patil:* Company clocked Highest-ever annual sales value of ₹2,822 crore, a growth of 26% from last year. (Positive)

*Harsha Eng:* Company has been appointed as the exclusive authorized agency of Umbra Group for repair, marketing, promotion, and sale of manufactured components. (Positive)

*Zaggle:* Entered into an agreement with Eversub India Private Limited. (Positive)

*Grindwell:* Commencement of the Engineered Ceramics facility at plant located in Halol. (Positive)

*PowerGrid:* Company to consider raising up to Rs 12,000 crore via NCDs in FY25 on April 17 (Neutral)

*Shilpa Medicare:* QIP closes, board approves allocation of 1.09 cr shares at ₹455/sh (Neutral)

*Patanjali Foods:* Q4 Revenue from edible oil segment showed modest single-digit growth QoQ. (Neutral)

*Reliance Power:* Co concludes slump sale of its 45 MW Wind Power Project to JSW Renewable Energy (Neutral)

*Sterlite Tech:* QIP closes, board approves allocation of 8.84 cr shares at ₹113.05/sh (Neutral)

*Adani Ent:* Adani Global, Mauritius will acquire 49% stake in Adani Esyasoft Smart Solutions, Abu Dhabi from UAE-based Esyasoft Holding. (Neutral)

*Ami Organics:* Company approves raising up to Rs 500 crore via QIP. (Neutral)

*IIFL Finance:* Board to meet on April 17 to mull fundraising. (Neutral)

*TCS:* Rupee Revenue at Rs 61,237 crore versus pool of Rs 61459 crore, EBIT seen at Rs 15,918 crore versus poll of Rs 15,504 crore (Neutral)

*HDFC Bank;* Japan’s Bank of Tokyo-Mitsubishi UFJ (MUFG) set to buy a 20% stake in HDB Financial Services (Neutral)

*Coforge:* Consider Fund Raising Via Non-Convertible Bonds Worth Rs 340 Crores (Neutral)

*HUL/Dabur/Zydus well:* Commerce Min issues advisory to all e-commerce websites to remove all drinks/beverages from the category of health drinks on their platforms.

*Godrej Agrovet:* Company gets assessment order worth Rs 115 crore.

*BhartiHexa:* Sanjeev Kumar and Surajit Mandol resign from company's board.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

Bharat India Daybook Stocks in News *ABSL AMC:* Net profit up 53.7% at ₹208.4 cr vs ₹135.6 cr, Revenue up 23.1% at ₹365.6 cr vs ₹297 cr (...