Tuesday 11 June 2024

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

India Daybook Stocks in News


*PTC Industries:* Company joins SPV as part of government's drive for defense and aerospace sector (Positive)

*JBM Auto:* Company Unit has Signed an Agreement with Muon India Private Ltd, A Macquarie Group company and Intends to deploy over 2,000 electric buses with Muon's. (Positive)

*Axis Cades:* Company to deliver drones to Indian army as part of order worth Rs 100 crore. (Positive)

*JK Tyre:* Company teams up with EKA Mobility to offer comprehensive tyre management solutions. (Positive)

*Akums Drugs:* Company launches combination drug for gastrointestinal tract disorders. (Positive)

*Bharat Dynamics:* Company eyes new orders worth ₹20,000 crore over next 2-3 years. (Positive)

*Ahluwalia Contracts:* Company wins order Worth 483 Cr rupees (Positive)

*RVNL:* Company gets order worth Rs 394 crore from Bangalore Metro Rail Corp. (Positive)

*Auto Stocks:* Hyundai Motor to file RHP over the next 2 weeks: ET SOURCES (Positive)

*Power Grid:* Company says successfully commissioned project under central sector for Northern Region (Positive)

*Vodafone Idea:* To consider raising funds via equity shares/convertible preference shares on June 13. (Positive)

*Puravankara: Company to Consider Raising Of Funds via QIP on June 13 (Neutral)

*Kalpataru Projects:* Company board approves proposal to raise Rs 300 crore through issuance of NCDs on private placement basis. (Neutral)

*Repco Home:* Company says K.Lakshmi tendered resignation as CFO (Neutral)

*Transformers & Rectifiers:* Company opens QIP sets floor price at Rs 699.95/share. (Neutral)

*IndiGo:* Rahul Bhatia family likely to sell 2% stake for ₹3,293 crore in a block deal. (Neutral)

*Mphasis:* Company' promoter, BCP TOPCO IX, sold 2.85 crore shares. (Neutral)

*Jubilant Food;* Domino’s Pizza opens 2,000th store in India. (Neutral)

*NLC India:* Company to raise foreign currency loan up to $600 million. (Neutral)

*Bank of Baroda:* Keeps MCLR unchanged across tenures w.e.f. June 12 (Neutral)

*MPhasis:* BCP Topco IX Pte likely to sell 10.6% stake in Mphasis via block deals; base price at ₹2,350/share. (Neutral)

*Kalpataru Projects:* Company will issue 30,000 NCDs with a face value of Rs 1 lakh each to raise Rs 300 crore. (Neutral)

*Honasa:* Fireside, Sofina Ventures to sell up to 2% stake of Honasa Cons worth ₹273.2 cr via block, floor price ₹421.3/Sh (Neutral)

*KIOCL:* Company says operation of Pellet Plant Unit at Mangalore has suspended production

*IRB Infra:* Cintra (Ferrovial Affiliate) likely to sell 5% stake of IRB Infra, deal price range is ₹63/sh to ₹70.16/sh
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

*Fund Houses Recommendations* Macquarie on *JSW Steel:* Upgrade to Outperform on Company, raise target price at Rs 1077/Sh from Rs 884/Sh...