Bharat India Daybook Stocks in News
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HDFC AMC: Net Profit up 43.8% at ₹541 cr vs ₹376.2 cr, Revenue up 28.5% at ₹695.4 cr vs ₹541 cr (YoY). (Positive)
Amara Raja: Company bags 700 MWP Solar Project from Greenko in Andhra Pradesh (Positive)
IREDA: Company reported a 33% jump in consolidated net profit at Rs 337 crore for Q4FY24. (Positive)
India Cements: Company sells its grinding unit at Parli to UltraTech Cement for Rs 315 crore (Positive)
National Fertilizers: Department of Public Enterprise has granted Navratna status to National Fertilizers. (Positive)
Biocon: Company gets approval from South Africa regulatory authorities for Tacromilus capsule. (Positive)
Lupin: Company gets USFDA nod to launch generic tablet to treat overactive bladder (Positive)
Zydus Life: Company launches Mirabegron extended-release tablets in the US (Positive)
SJVN: Company and Assam Power Distribution Company form joint venture to generate renewable electricity. (Positive)
Lauras Labs: U.S. FDA inspection at API manufacturing facilities at Andhra Pradesh closes without any 483 observations. (Positive)
NTPC: Company’s Unit NTPC Green Energy, In Pact with Indus Towers for Green Energy Objectives (Positive)
Central Bank: Bank has entered into a distributorship agreement with ABSLAMC for distribution of Mutual Fund Products (Positive)
Star Cement: Company commences commercial production from new clinker line of the company at Lumshnong, Meghalaya (Positive)
JSW Energy: Arm JSW Neo Energy gets letter of award for 700 MW ISTS connected solar capacity from NTPC (Positive)
VST Ind: Investor Radhakishan Damani Name Appears With 1.95% Stake in Co During Q4 (Positive)
HeroMoto Corp: Company opens new assembly plant in Nepal. (Positive)
Sterling & Wilson: Revenue growth of over 50% to ₹3,035 crore. Turns EBITDA positive with a ₹54 crore figure in financial year 2024. (Positive)
HDFC Bank: Net Profit at Rs 16512.0 crore versus poll Rs 17315.0 crore, NII at Rs 29077.0 crore versus poll Rs 28876.0 crore (Neutral)
Gokaldas Exports: Company launches Rs 600 crore QIP at Rs 775/share (Neutral)
ICICI Bank: Updates savings account service charges with a new fee structure effective from May 1, 2024. (Neutral)
Aditya Birla Fashion: Company approves Madura business demerger into separate listed entity. (Neutral)
Adani Ports: Company handled record 420 MT Cargo In FY24 (Neutral)
Hindustan Zinc: Company re-engaging with govt to get modified demerger proposals cleared: Arun Misra, Demerger will lead to two new entities- silver and zinc & lead. (Neutral)
Wipro: Revenue down 0.3% at ₹ 22,079.6 crore vs ₹22,151 crore (QoQ) (Neutral)
Canara Bank: Fixed May 15 as record date for determining shareholders' eligibility for stock split. (Neutral)
Tata Steel: NCLT approves Amalgamation of Angul Energy with company. (Neutral)
HDFC Bank: Approves renewal of issuance of long-term bonds worth Rs 60,000 crore. (Neutral)
Oberoi Realty: Company’s sales bookings down 53 pc to Rs 4,007 cr in FY24 on high base (Neutral)
Persistent: $ revenue up 3.4% at $310.9 m vs $300.6 m, ₹ revenue up 3.7% at ₹2,590.5 cr vs ₹2,498.2 cr (QoQ) (Neutral)
InfoEdge: Company re-appoints Geeta Mathur as independent Director of the company. (Neutral)
SterliteTech: Arbitrator rejects company’s claim worth Rs 145 crore against BSNL
Accelya Solutions: Consolidated net profit declines 99.45% in the March 2024 quarter.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
